Update from Timothy Stebbing

Hey folks, I know that a lot of people have been eagerly awaiting the update that I promised 2 weeks ago about the @DogecoinFdn and what we’ve been cooking. I’ve had dozens of messages, even my mother called me to say ‘Tim there are people on YouTube talking about you, what did you do?!’ (Ps: Hi Mum!)

Firstly I’ll share the bad news, and then get on to better things: The bad news is the legal folk are still telling me we’re not ready to reveal the names of some major companies we are engaging with to bring Dogecoin adoption to the world. There will be a major PR statement coming out in the first two weeks of March that will have all of that detail, followed up by X Spaces with everyone involved who will fill in the details.

Now here’s what I can talk about!

Over the last few years the @dogecoinFdn has been approached semi-regularly by corporations who wanted to partner with us to promote Dogecoin, and have offered us millions of dollars to do so. In every case we have turned these people down because they were not genuinely interested in Dogecoin, but just cross-brand potential to ride off the good name of the Dogecoin community.

This has been at times very hard, while maintaining a tiny development team solely on the kind donations of a few generous people, to turn down huge capital injections that would have let us achieve so much more was always difficult. We have always said internally at the Foundation that we would rather shut down than throw the Dogecoin community and ethos under the bus.

In November last year we were introduced by a close friend of Dogecoin, to a group of people with decades of experience at the very top of the American private investment and enterprise world, who wanted to be involved in helping Dogecoin achieve it’s goals of becoming a real daily-use currency, through adoption for payments across the United States.

With trepidation we began communicating with the group, who represent house-hold names in America, and were surprised to hear nothing but a desire to integrate Dogecoin as a currency into their organisations, without the usual interest of leveraging Dogecoin merely for it’s brand recognition.

This all culminated in our trip to Miami a few weeks ago where we spent an intensive 5 days talking about technical integration for payments, demonstrating the opensource software that the Foundation has been building over the last three years, and getting to know a group of people who are honestly as excited about Dogecoin as we all are.

From that week together, the Dogecoin Foundation has agreed to a 5 year partnership with a newly formed entity called ‘House of Doge’, who will be the official commercialization partners of the Dogecoin Foundation – tasked with bringing Dogecoin adoption to the world stage, including large corporations, globally recognized brands and millions of new individuals not yet familiar with Dogecoin and our mission.

This is huge news on many fronts. The Dogecoin Foundation are now free to focus on what we do best: building opensource technology to accelerate the adoption of Dogecoin as a useful global currency!

I am pleased to say we are now resourced to more than double the development team, to tackle bigger and more complex challenges for the benefit of the whole community. We are free to run yearly hackathons around the world, to demonstrate Dogecoin technology to new developers, and educate startups in how they can easily adopt Dogecoin into their platforms.

House of Doge, our official commercialization partner, will be leveraging the technology we have built to integrate Dogecoin with organizations and enterprise, rapidly accelerating Dogecoin adoption and utility.

House of Doge, with a desire to support the Dogecoin network, have already raised millions of dollars to assemble the largest Dogecoin mining operation in North America with a goal of 10,000 ASICs by the end of the year. The Foundation will be helping guide them through opening that up as a mining pool for the whole community to be able to contribute hash-power to if they wish.

Unlike most miners who mine to sell for fiat profits, HoD will be aggregating the Dogecoin mined to create a large Dogecoin Reserve & Treasury which will be utilized to provide liquidity to the various organizations and integrations across the US, to help onboard a whole new wave of users to Dogecoin.

And we’re going to need it! The Dogecoin Foundation and HoD will be partnering with large scale sporting events on a series of ‘Dogecoin activations’ where we educate and insensitivize regular folk to get a self-custodial Dogecoin wallet, and show them how they can spend their Dogecoin on meaningful goods and services.

I personally spent time with major league team owners and executives, government officials, and CEO’s of global food and hospitality companies, all who flew into Miami to meet with @jwiechers , @patowensx and myself to show their commitment to the partnership. The communities that each of these partners bring to Dogecoin represent millions of people who will have an opportunity to adopt Dogecoin wallets and join the community.

Without revealing any names, I can let you know there are multiple major league baseball teams, football and hockey teams, and major sports-car events lining up to accept Dogecoin at their stadiums and events.

We spoke with people from the US Government who were excited about seeing Dogecoin adopted as a means of payment for everything from city parking to utility payments. We met with food and beverage brands, as well as restaurant chains who want Dogecoin as a first-class means of payment for their products, as well as schools and university cafeterias across the country.

So what next? Over the next month the Foundation will be hiring numerous new senior engineering positions to build out the teams we need to build more world-class software for the Dogecoin Ecosystem.

Early in March we will have a major X Spaces event where you can meet many of the faces behind House of Doge, as well as some of the representatives of these companies who can share with you why they want to see Dogecoin adopted by their organizations.

House of Doge will be bringing it’s mining operation online in the next few weeks, which will add significantly to the network hashing power, further securing and decentralizing the Dogecoin network. It will also be launching it’s website explaining what it does, listing the people involved and welcoming collaboration from all those who wish to integrate Dogecoin commercially for payments.

All of this to say, Dogecoin adoption as a means of exchange is happening in a big way in 2025, fulfilling the vision of our community to see this simple coin with a dog on it, created by the people, for the people, take over the world.

Finally, please help welcome the HoD team and partners to the family as you get to know them over the months ahead!

Best,

Tim