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Cryptocurrency News Articles

Polychain Capital invests $6.9M to renovate the Proof of Work (PoW) chain, paving the way for a massive DOGE airdrop

May 07, 2025 at 11:35 pm

DogeOS, the operational system uniting decentralized applications (dApps) across Dogecoin's network, just raised $6.9 million from the funding round by Polychain.

Polychain Capital invests $6.9M to renovate the Proof of Work (PoW) chain, paving the way for a massive DOGE airdrop

Polychain Capital has closed a $6.9 million funding round for DogeOS, an operational system uniting decentralized applications (dApps) across Dogecoin's network.

What We Know:

* The quest to build an all-around operational system based on Dogecoin (DOGE) includes big news like X-compatible applications & unlocks a native liquidity pool for valuable projects.

* The multi-million pool was secured by Polychain Capital, a top-tier crypto investment firm headquartered in San Francisco, California.

* The funding deal is backed by MyDoge wallet creators. Namely, the most popular self-custodial crypto wallet running on Dogecoin's Proof of Work (PoW) gained trust among the DOGE Army. Ultimately, it's a highly-accessible alternative to major exchange apps, as it's also available on App Store & Google Play.

Biggest Dogecoin Airdrop Ever Coming Up Next?

* Certainly, the new $6.9 million deal to build Dogecoin's DogeOS provides substantial liquidity, giving the opportunity for on-chain builders to get funding for their projects.

* For any DogeOS user, the new ecosystem with native liquidity brings staking opportunities with high yield, Play 2 Earn games, DeFi marketplaces & stablecoin support.

* Now, anyone from the DOGE Army can tap into the extended liquidity on Dogecoin's native chain by simply filling out a form.

* Indeed, the submission form on DogeOS paves the way for what's supposed to be the largest Dogecoin (DOGE) airdrop to holders ever made. So far, it's not clear what the Dogecoin airdrop prize pool will be limited to, but it's sure to give the top dog meme coin a purpose beyond a symbol of internet culture.

Why This Matters:

The user-friendly application layer on Dogecoin will likely grow the 10 million-strong community to unprecedented numbers, boosting DOGE beyond its original meme coin status.

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Other articles published on May 08, 2025