HomeDogecoinDogecoin Expands Into Creator Monetization and Licensing Infrastructure

Dogecoin Expands Into Creator Monetization and Licensing Infrastructure

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  • Dogecoin is empowering content creators with new monetization and licensing tools under a new partnership.
  • Founder Billy Markus has projected that the project will hit $20 trillion as it evolves from being a memecoin to offering utility.

The House of Doge, which is the commercial faction of the Dogecoin Foundation, is partnering with Brag House Holdings and IP Strategy Holdings, Inc. to empower creators and content owners. The three partners will help creators register and easily monetize their intellectual property (IP) in the Dogecoin blockchain.

According to the announcement, the partners are working on the development and commercialization of a unified blockchain-powered ecosystem. This means creators will easily register their IP using Story infrastructure and streamline their ability to monetize those assets on the Dogecoin blockchain. 

With this initiative, creators and content owners such as athletes and artists will have verifiable ownership and be at the centre of the value chain. Furthermore, it will be easy for the creatives to build on their brand and negotiate effective terms for the use of their IP.

House of Doge Leads Monetization Efforts

Marco Margiotta, CEO of House of Doge, noted that the initiative was designed to give creators and content owners the tools to engage their audiences, activate their IP, and directly benefit from the ecosystems they help build. He stated

“House of Doge, in partnership with the Dogecoin Foundation, is focused on building real, accessible monetization pathways for creators and rights holders, and by integrating with Story’s best-in-class IP blockchain infrastructure and IPST’s registration layer, we are enabling a seamless bridge from ownership to economic participation.”

House of Doge is expected to lead monetization by developing the required tools, keeping up with customer engagement, and developing new economic models. Its output will heavily influence the success of the new initiative and help drive mass adoption

The new announcement demonstrates Dogecoin Foundation’s commitment to advancing the blockchain and its associated DOGE coin. The Foundation is increasingly looking to advance the network beyond the meme coin status it was founded on. House of Doge is positioning Dogecoin as the leader in the next era of crypto utility, through advancements in the payments and financial products, real-world asset tokenization initiatives, and cultural partnerships.

Recently, European financial giant Revolut launched a Dogecoin-themed physical debit card that can be used wherever Visa and Mastercard are accepted. This card helps drive mainstream adoption for DOGE.

Dogecoin Going to $20 Trillion

At the time of writing, DOGE is trading at $0.1057, a 7% drop over the last 7 days. The coin, which is increasingly facing competition from the likes of Shiba Inu and Pepe, remains the only memecoin trading among the top ten coins ranked by market cap. 

Dogecoin co-founder Billy Markus recently speculated that Dogecoin would hit $20 trillion in market cap.

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Collin Brown
Collin Brown
Collin Brown is the managing partner of ETHNews. He is a seasoned Bitcoin investor who entered the crypto scene during its early stages and has since become a veteran trader in both the cryptocurrency and forex markets. His journey began in 2012 when he made his first investment in Bitcoin, marking the beginning of his deep-rooted passion for blockchain technology and digital assets. With a mission to demystify the intricacies of blockchain for the masses, Collin endeavors to bring the world of cryptocurrencies closer to everyone. His insightful reports are dedicated to shedding light on the latest developments and innovations within the realms of Bitcoin, Ethereum, Ripple (XRP), IOTA, VeChain, Cardano, Hedera, and numerous other cryptocurrencies. Marcel's in-depth analysis and commitment to providing accessible information make him a trusted source for both novice and experienced crypto enthusiasts. Collin's academic background includes a Master's Degree in Business Education, which has equipped him with a solid foundation in financial markets and investment strategies. Over the past decade, he has amassed invaluable experience working with various startups across the globe, enriching his knowledge and understanding of the ever-evolving cryptocurrency landscape. With his wealth of expertise and dedication to empowering others with crypto knowledge, Collin continues to be a driving force in the cryptocurrency community.
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