Dogeparty Foundation Meeting – 11/30/2022

Written by Ernest

January 5, 2023

On Wednesday November 30th 2022, six of the eight Dogeparty Foundation directors joined the final monthly scheduled call for the calendar year to present updates on several initiatives and to discuss new business.

Jdog and Javier (our tireless developers) are working on protocol, wallet, and block explorer updates which are expected to be completed in early 2023. There are several updates and enhancements slated for the new release, including but not limited to:

  • Multi-send enabled in the wallet
  • Minimum fee reduction to 0.01 DOGE
  • Oracled dispensers which allow for pricing in fiat currencies
  • Support for XDP-proxy which will facilitate real-time notifications of Dogeparty transactions

At the beginning of 2022 there was a strong interest on the part of the Dogeparty community to gain a listing of XDP on the more popular cryptocurrency data aggregators Coinmarketcap and Coingecko. In order to achieve this, it was deemed necessary to pursue a listing of XDP on an exchange. The least costly option at the time was VinDAX which asked for a much lower fee than other options. Since there was very little, if any, exchange activity following the listing on VinDAX, some concern was raised as to how this would appear to the broader market. The commitment was made to fund a monthly trading bot service on VinDAX to generate trading activity for XDP.

Unfortunately, it came to light much later that there was another roadblock to gaining a listing of XDP on Coingecko and Coinmarketcap. In 2014 when the Dogeparty platform was initially launched, XDP was listed by the original developers on the data aggregator sites. At that time the platform’s domain was dogeparty.io instead of the current domain (dogeparty.net).  As it stands today, the data aggregators are unwilling to list XDP because dogeparty.io is no longer the domain associated with Dogeparty, and they are unwilling to perform the basic research required to validate the fact that the current version of Dogeparty is associated with the new domain (dogeparty.net). 

Due to circumstances beyond the control of the Dogeparty Foundation, the decision was made to abandon the VinDAX listing. There is no justification for continued funding of the monthly fees associated with the trading bot, and the Foundation agreed that the funds that would otherwise be spent to maintain XDP activity on VinDAX could be better spent elsewhere.  

It was agreed that several other matters up for discussion including the creation of a new set of bylaws to govern the Foundation would be best deferred to the 2023 Foundation following the election in December. 

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