Dogecoin Partygoers Dance For Free DOGE at Million Doge Disco

The Million Doge Disco launched yesterday and thousands across the globe have already joined the party.

2 min read

Jul 4, 2021

People the world over started partying for Dogecoin yesterday when the ‘Million Doge Disco’ officially started.

The augmented reality mobile game, which looks like a cross between a dance party and Pokemon Go, encourages people to film themselves dancing with animated Shiba Inu’s and go treasure hunting around town to earn various DOGE NFTs, as well as a prize from a pool of a million Dogecoins, worth some $250k.

Prospective partygoers can sign up for a Disco Doge NFT, or ‘Dogeagotchi’, through the Doge Disco website. The Dogeagotchis can earn Dogecoin, spew out daily Doge wisdom, or find NFT artifacts hidden in augmented reality. Like a Tamagotchi, the Dogeagotchi requires constant care and attention from its owner. Well cared for Doges are, theoretically, worth more than those left to starve.

The Doge Disco also comes with a ‘Proof of Party’ (POP) mechanism, which incentivizes users to upload footage of themselves dancing with their Doges to receive Dogecoin from community members.

In a bizarre twist, Canadian PM Justin Trudeau’s half brother is one of the people behind the project. Kyle Kemper, founder of crypto wallet Swiss Key, first unveiled the Million Doge Disco event at Miami’s Bitcoin conference.

How did Dogecoin get here?

Dogecoin exploded in popularity during Bitcoin’s 2020/2021 bull run. The currency was originally created by software programmers Billy Markus and Jackson Palmer to satirize the then-emergent craze of minting altcoins.

A large and vocal celebrity fanbase on Twitter helped pump the price last year, with a single tweet from Tesla CEO Elon Musk pumping the price by as much as 40% in half an hour.

Elon Musk has committed to helping the current DOGE team realize their goal to bring the currency to the world as a green and viable payment option. Fellow billionaire and Dallas Mavericks owner Mark Cuban also strongly backs the coin, and in March this year announced the Mavericks accept Dogecoin for payments via Bitpay.

Get crypto news straight to your inbox--

sign up for the Decrypt Daily below. (It’s free).

Get Email!

Bitwise Launches Solana Staking Product in Germany as US ETF Hopes Grow

A Solana exchange-traded product may not exist in the U.S. yet, but until the SEC approves such funds, asset managers are feeding an apparent appetite from European investors for products related to the sixth-biggest digital coin. Crypto asset manager Bitwise today announced its new Solana Staking ETP, which will trade in Germany on the Deutsche Börse AG. The fund gives investors the chance to earn bigger returns compared to other SOL products, Bitwise said, because it uses a staking mechanism....

'Christmas Tree' Funding Bill in Congress Includes Gifts for Crypto Industry

A spending agreement unveiled by congressional leaders Tuesday—a so-called Christmas Tree stopgap bill packed with various additions before the holiday break—is aimed at averting a government shutdown. But it also includes a relatively novel crypto-related initiative. Tucked within a 1,547-page bill that would keep the government funded through March 14, 2025, the legislative package currently includes the “Deploying American Blockchains Act,” a measure that would enable the U.S. Department of C...

Europol Seize $26 Million in Crypto From 9 Drug Traffickers

Europol collaborated with law enforcement authorities from six countries to bring down an international drug trafficking ring employing crypto for its financial needs. Europol said it has taken down “underground bankers who were moving and laundering the proceeds of large-scale drug trafficking and other serious crimes” in a recent announcement. When contacted by Decrypt, Europol explained that it is “not authorised to disclose any more details.” Bitcoin Still 'Most Abused' Crypto Asset Among Cr...

News

Courses

Deep Dives

Coins

Videos