Protocol Village: Spirit Blockchain Acquires Dogecoin Project
Spirit Blockchain acquires Dogecoin Portfolio Holding Corp. to enhance infrastructure and foster innovation among developers.
In a significant move for the cryptocurrency landscape, Spirit Blockchain Capital has acquired Dogecoin Portfolio Holding Corp., a project led by Ankr CEO Chandler Song. This acquisition aims to bolster Dogecoin's infrastructure and foster innovation among developers.
Details of the Acquisition
- Spirit Blockchain Capital, a blockchain-focused investment firm, announced the acquisition of Dogecoin Portfolio Holding Corp.
- Chandler Song emphasized the importance of tokenization in revolutionizing technology and providing accessible applications for developers.
Strategic Goals
- The acquisition is structured to enhance Dogecoin’s infrastructure, similar to MicroStrategy's approach.
- Spirit Blockchain aims to offer incentives and advanced tools for developers to create secure applications on the Dogecoin network.
- The agreement involves Spirit issuing 14 million common shares and warrants to the vendors of Dogecoin Holdings.
ZettaBlock and AI Innovations
- ZettaBlock has unveiled Kite AI, a platform that unlocks non-public data for AI builders while ensuring fair compensation for data contributors.
- The platform aims to support organizations like AWS and Crypto.com, showcasing its technology at Devcon.
Decentralized AI Ecosystem by Assisterr
- Assisterr, founded by Ukrainian Cambridge graduates, is launching a decentralized AI ecosystem where communities can own and manage their AI models.
- The project has gained traction, boasting 500,000 registered users and a rapidly growing community of AI creators.
Privacy Innovations by COTI
- COTI has launched a cross-chain privacy protocol, offering on-demand privacy for enterprises and dApps across 70 blockchains.
- The protocol integrates enterprise-grade privacy directly from native chains, balancing transparency and privacy in decentralized applications.
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