Hello to all the steadfast supporters of the DOGGO community!

 

Today, the management team and core supporters of our community are issuing a statement. We have decided to lead the DOGGO community into a new era of community take over (CTO). This new CTO will allow community consensus builders and developers to truly take charge of community affairs.

 

The story begins with a dog named Tudou (Potato), a Casimodo dog suffering from spinal fusion. Tudou’s owner shared videos of his daily life. On September 20, 2024, Billy, the founder of DOGE, saw the video and shared it on Twitter, saying, "what happened to poor doggo." Shortly after, an Ethereum-based smart contract was created, which became known as the DOGGO Token (1b7a). At the beginning of the contract, there were two code comments: one was the link to the DOGGO developers' TG group (which no longer exists), and the other was Billy’s tweet.

 

On the first day of the project, the DOGGO DEV team pushed the market cap up to $20 million. Shortly after, a group of KOLs led by XsuperApe announced a community takeover, i.e., CTO. On September 23, DOGGO reached its all-time high market cap of $37 million. At that time, DOGGO was like a rising golden dog, attracting countless investors and KOLs from both English and Chinese communities. Everyone actively promoted it, sharing and advocating on Twitter daily, creating a lively community atmosphere. A large investor even sent 1% of the tokens directly to Binance accounts to show their long-term commitment.

 

However, the good times did not last. DOGGO's price began a four-week decline. During this period, the community management's actions were opaque and unresponsive. The team led by XsuperApe failed to effectively run the community and did not release future plans for the community. Even listing DOGGO on CMC was funded by the Chinese community. Most administrators in the TG official group rarely showed up. Eventually, XsuperApe transferred community management to Gem, but Gem continued the same lack of transparency and inactivity.

 

Our community is passionate, and members continuously promote DOGGO on Twitter, Secondary creation of artwork, and believe that DOGGO will be the next 100x token. However, the actions of these KOLs seriously dampened the community's enthusiasm. When the market cap dropped to $10 million, the community attempted a spontaneous CTO, but ultimately, people still chose to trust the management led by Gem. In the end, it became clear that these KOLs, after acquiring DOGGO tokens at low prices, sold them for profit and moved on to other projects, showing little to no real concern for the DOGGO community. Their Twitter and TG groups hardly mentioned DOGGO anymore.

 

Later, the DOGGO X account was banned, and Gem suddenly announced stepping down as the community CTO leader and left the group without transferring any management rights or official account access. The market cap of DOGGO then dropped to an all-time low of $3 million.

 

At this point, there is no longer any need to discuss the past CTOs led by KOLs. What we should believe in is our own community, not those KOLs who are only interested in personal gain. DOGGO has no way out; in other words, from now on, we only have one path forward. During the plunge from nearly $40 million to $3 million, many people left, but a group of steadfast supporters remained. They continued to promote, narrate, engage in charity, and Secondary creation of artwork. Although not as vibrant as its peak, they have never stopped supporting the community.

 

Now, the departure of those vested interests and speculators has given the DOGGO community a real opportunity to take over. We will launch a new CTO that will listen to the voices of the community, manage community affairs transparently and fairly, decide on the direction of development, and, importantly, focus on charity. The power of the community will be handed over to true consensus builders, creating a CTO that is driven by the narrative and consensus of DOGGO itself. This CTO will not include early holders or developers but will be composed solely of those who are attracted by the spirit of DOGGO and who believe in the DOGGO consensus.

 

We will establish new Twitter accounts and community groups, update information on DEXscreener and CMC, and continuously improve our management structure to rebuild a brand-new DOGGO community.

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2024-10-29

​DOGGO CTO