DOGS has also entered into a partnership with Best Friends Animal Society, a nonprofit dedicated to animal welfare in the US.
DOGS, a memecoin built on The Open Network (TON), plans to donate over 6 billion tokens worth about $4.5 million to nonprofit organizations worldwide following the launch of a charity portal in late November.
The new platform allows registered nonprofit organizations across the globe to apply for funding, “reflecting DOGS’ commitment to redirect a significant portion of unclaimed airdrop tokens toward charitable initiatives,” it told Cointelegraph.
“Over the course of the year, more than 6 billion DOGS tokens, equivalent to $4.5 million at the current rate, will be distributed to selected organizations, following a thorough approval process,” it added.