The post Dogecoin App Layer DogeOS Raises $6.9M appeared on BitcoinEthereumNews.com.

DOGE News:- In a latest exciting crypto funding update, the application layer of Dogecoin ecosystem, DogeOS, has raised $6.9 million funding for its launch. The funding led by Polychain Capital aims to launch and work for enhancing the operability of DogeOS on Dogecoin. The app layer plans to bring consumer applications in the Dogecoin ecosystem. The project was unveiled last year in November 2024 and launching today. The kind of applications it aims to integrate in Dogecoin ecosystem include fun games and more real-world utility focused applications. In simple words, DogeOS would serve as the layer-2 network of these apps built on Dogecoin. What is the New App Layer DogeOS As per the latest DOGE news, DogeOS will enable developers to build diverse consumer apps on the memecoin layer. This would range from gaming to artificial intelligence focused decentralized applications. This app layer is built on top of the blockchain – DOGE and is created by the founders of MYDOGE. It lets developers build decentralized apps (dApps) that use the blockchain for things like payments, identity, or asset ownership. The newly secured funds will be used by the app layer to enhance DogeOS’s capabilities. The creation of applications and other DeFi services can bolster DOGE which is facing legal challenge on its commodity status. This development is expected to attract a broader user base, particularly 3.83 million Dogecoin community or ‘Shibes’, and stimulate increased activity within the Dogecoin network. MyDoge CTO Alex said in a X post, “This application layer adds programmability to the settlement layer [of DOGE] to enable everything possible in web3 and more!” Dogecoin is the people’s currency. Think of it as a sound money settlement layer for all transactions. Cheap, fast, accessible and secure. On top of that is @DogeOS which allows for applications to orchestrate Dogecoin…

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Filed under: News - @ May 6, 2025 9:25 pm