Dogesled- Jamaican UnderDOGEs Sochi 2014
It is really no wonder that the Dogecoin community would be sympathetic to a bobsled team from a tropical island. The very nature of Dogecoin and the Jamaican Bobsled Team draw parallels on many levels. They both began as a punchline. Each possesses the charisma to gain charitable assistance. There is real world value for others to assist their success. The Dogecoin community has decided to create a fund to back the Jamaican Bobsled Team. They are actually on their second fund now as the first one has already completed. As you can see in the chart below, investors see this union as a value....
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This weekend, a news story broke that indicated that the Jamaican bobsleigh team qualified for the Winter Olympic games in Sochi, Russia - but there was a slight problem. There wasn't enough money to pay for the trip to Russia. Winston Wyatt, who pilots the sled, managed to put up some of his own money, but for the rest, he turned to PayPal to try an secure $40,000 to make the team's dream a reality. What they got was rather unexpected and unorthodox, to say the least. The community behind the dogecoin cryptocurrency managed to come to the rescue, with the formation of a little group....
WOW. The Dogecoin community is at it again. First they raised over $30,000 in Dogecoin to send the Jamaican bobsled team to the 2014 Winter Olympics in Sochi. Now, the folks at r/Dogecoin and the Dogecoin Foundation have raised more than $7000 in DOGE to send Indian luge contender Shiva Keshavan to Sochi. The goal of 4 million DOGE was surprisingly reached in just three hours, with hundreds of donors and one anonymous 3 million DOGE donation. Shiva Keshavan has no personal coach and has to rely almost entirely on private donations. Keshavan's sled, pictured below, was built in his garage....
The Jamaican bobsleigh team has received more than $30,000 worth of dogecoins from what can only be described as a community meme-loving bobsleigh enthusiasts. The dogecoin community took to Reddit and made it all happen in less than a day. Technically the team has not qualified for the Sochi Olympics yet, but the team's pilot Winston Watts is confident that his guys will make it through. The only hurdle in their way is the Dutch team, which will probably be forced to withdraw as it has not managed to achieve the standard set by Holland's national Olympic Committee. In other words, the....
Jamaica had overcome its 12-year drought in Olympic bobsledding, finally qualified, and raised the money needed to get to Sochi. Team #CoolRunnings was in business. Then, someone lost their equipment. Their luggage, the runners for the sled and their sliding gear were all lost in transit. As a result, the team was unable to make its practice run Wednesday. And 46-year-old Winston Watts, who came out of retirement to compete in these games, was stuck with only his track suit to wear until the rest of his clothes go to Sochi.
Wow. So crypto. Much profits. As reported earlier today, the Dogecoin community was able to raise over $30,000 worth of dogecoins in an effort to get the Jamaican bobsled team to the Sochi Olympics. This is a feel good story for cryptocurrencies as a whole, but what does it mean for Dogecoin's position in the altcoin market? It's been reported that Dogecoin has more transaction volume than Bitcoin, and everyone understands that the community behind this coin is strong. So can a cryptocurrency based on a meme really go all the way "to the moon"? Dogecoin's Value as Money. When looking at....