Saturday, May 21, 2022
Home Crypto News Market Doge Team Describe How Dogecoin Can Add Utility To Twitter And its...

Doge Team Describe How Dogecoin Can Add Utility To Twitter And its Content Creators, Dogecoin Founder Reacts

- Advertisement -

Dogecoin (DOGE) enthusiasts have highlighted the opportunities associated with adding the cryptocurrency to Twitter’s Tip Jar.  

A Dogecoin graphic designer with the Twitter username @cb_doge noted that adding the biggest meme coin will add lots of utility to the popular microblogging platform as well as content creators on Twitter.

According to the Dogecoin graphics designer, if Dogecoin is added to Twitter’s Tip Jar, DOGE users will be able to tip other users in the cryptocurrency directly on their profiles.

@cb_doge noted that people would be rewarded with one unit of DOGE for every post made about the meme coin. Similarly, people can also send the 11th-largest cryptocurrency via Direct Messages (DM) and Twitter Spaces.

Notably, the cryptocurrency earned via these various activities on Twitter can be used to pay for ads on the popular microblogging platform.


Dogecoin Founder Response

Reacting to the development, Shibetoshi Nakamoto, Dogecoin’s pseudonymous founder, stated that he always supports ideas that add utility to the meme coin.

Shibetoshi Nakamoto has consistently called on the Twitter team to add Dogecoin to its Tip Jar following the widespread adoption of the cryptocurrency.

But all efforts to add Dogecoin to Twitter’s Tip Jar have ended in futility.

Interestingly, with Elon Musk, the CEO and founder of Tesla, given the approval to acquire a 100% stake in the social media company, Dogecoin supporters are optimistic that the cryptocurrency will be added to Twitter’s tipping service.

Musk also confirmed this a few days ago on Twitter after a Dogecoin enthusiast noted that the Tesla exec would consider adding DOGE, which will be used to tip other users on the microblogging platform.

Mark Cuban Joins Musk’s War Against Twitter Bots

Meanwhile, Mark Cuban, an American entrepreneur, proposed a new way the Dogecoin community can combat spammers from making illicit posts about the cryptocurrency on the microblogging platform.

According to Cuban, the Dogecoin community can contribute 1 DOGE each for the initiative. Once a post is made, the Dogecoin community will analyze whether the post is a scam.

If it is discovered by anyone that the post is spam and the community agrees, the user who raises the query will be rewarded the spammer’s DOGE, Cuban said.

However, if, after investigating, the community confirms it is not spam, the user who raises the query will have to relinquish his or her DOGE to the user they accused of making a spam post.

Reacting to the post made by Cuban, the Dogecoin founder said he liked the proposal, and Musk responded that it was not a bad idea.

This comes a week after Musk disclosed that he would wage war against Twitter spam bots once he gets control of running the affairs of the social media company.

- Advertisement -


The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Albert Brown
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.


Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Another Top American Exchange Halting Terra USD (UST) Trading After Coinbase

Gemini follows Coinbase to halt UST trading. window.coinzilla_display = window.coinzilla_display || ; var c_display_preferences...

Burn The Remaining Terra USD (UST) Vote Passed But Failed to Execute Due to Technical Issues

Terra’s Proposal to Burn UST Failed to Execute Due to Technical Issues. window.coinzilla_display = window.coinzilla_display || ; ...

Shiba Inu Lead Developer Says Things Will Get Interesting Next Week 

Something Interesting coming for Shiba Inu community. window.coinzilla_display = window.coinzilla_display || ; var c_display_preferences...

Bill Gates Says He Is Not Invested In Crypto Because It is Valueless to Society 

The former world's richest person does not have any love for crypto. Bill Gates, the co-founder of popular tech company Microsoft disclosed that he does...

Binance CEO Says UST and LUNA Crash Could Have Been Avoided If Terra Used Its Bitcoin Reserve Earlier 

CZ is still not happy with the way Terra handled last week’s situation as he believes the crash could have been avoided if the...

Tether CTO: LUNA And UST Were Flawed In Design But Not A Rug Pull

The team at Terra has been struggling to save LUNA and UST after a sudden crash that sent the price of LUNA spilling down...

Two Major Indicators Suggest Bitcoin (BTC) Possible Price Rebound Above $35,000 

There is a likelihood that Bitcoin's price will rebound soon as it currently sits around major support levels.   Following last week’s market turmoil that...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.