Dogecoin Founder Rejects $500,000 of Investments, Emphasizes Community Value

Dogecoin Founder Rejects $500,000 of Investments, Emphasizes Community Value

Dogecoin rejects big business. Very branding savvy. I have stated before why I believe Dogecoin is here to stay as a cryptocurrency, citing its community and its willingness to buck the trends other cryptocurrencies embrace. However, this week Dogecoin co-founder Jackson Palmer set his coin apart from the pack further when he told Techly that he rejected $500,000 worth of investment offers from venture capital firms. Palmer had this to say: I really think Dogecoin's strength is that it belongs to the community that has brought it this far. It's the internet's currency, and doesn't rest in....


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Jackson Palmer indicates that his leave of absence from the crypto community includes a separation with micropayments project Neucoin. Representatives from Neucoin have not yet responded to press inquiries. Dogecoin founder and Adobe senior manager Jackson Palmer has announced he is taking an "extended leave of absence" from the cryptocurrency community. Calling the ecosystem "toxic", Palmer used the occasion to blast aspects of the industry, while encouraging users of dogecoin not to lose sight of its fun and playful roots. Launched in December 2013, dogecoin quickly became one of the....

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According to Jackson Palmer, founder of dogecoin, the cryptocurrency ecosystem has become toxic and he will be taking an extended leave of absence from the community. Dogecoin is one of the younger members of the digital currency industry and was launched in December 2013. Will be taking an extended leave of absence from the toxic (and quite frankly, stagnant) space that is cryptocurrency. - Jackson Palmer (@ummjackson) April 23, 2015. Palmer still reminded members of the community to not lose sight of the playful roots of dogecoin. However, he also said that the industry has stagnated and....