Dogecoin And The Role Of Elon Musk In Dogecoin

Dogecoin (Code: DOGE) is:

- The Cryptocurrency trades on some of the leading cryptocurrency exchanges and investment platforms

- A trusted payment system that can be a legitimate investment prospect

- Fun and friendly Internet currency

- A peer-to-peer digital currency that can reach a wider demographic than Bitcoin

* Link: https://youtu.be/_KVZmS_UO5I

The Dogecoin is created by the IBM Software Engineer – Billy Markus and the Adobe Software Engineer – Jackson Palmer. It was introduced on December 6, 2013. The symbol of Dogecoin is the Shiba Inu Dog Face. The Dogecoin is located at https://dogecoin.com/.

Dogecoin is based on the Scrypt Algorithm, and the transaction processing is more convenient than the Bitcoin (BTC). The Dogecoin only takes 1 minute to confirm, while the BTC takes 10 minutes. The Dogecoin Protocol is designed based on the existing Luckycoin and Litecoin cryptocurrencies which use Scrypt Technology in their Proof-of-Work Algorithm. The use of scrypt means that miners cannot use the SHA-256 bitcoin mining equipment, and must instead use special FPGA and ASIC mining tools which are known to be more complex to manufacture.

Supply limit: About five billion Dogecoins will go into circulation every year.

The Dogecoin can grow because:

- It uses proper Online Communities (Reddit and Twitter) to introduce its product and use it as a bonus in trading

- It has its own foundation and online community: the Dogecoin Foundation and the Dogecoin Community

- It has created a special blog and forum

- It owns a market that chooses to own it

Some of the developments that have been made by the Dogecoin:

- It already owns the Copper and Silver Tokens that represent the Dogecoin and they are sold with the private keys (minted in 2014 by Shibe Mint)

- In March 2021, the Dallas Mavericks owner – Mark Cuban announced that his NBA Team allowed the purchase of tickets and products using the Dogecoin

- It become the first Cryptocurrency Funder on a Space Mission by funding the Rideshare Mission to the Moon conducted by SpaceX (announced May 9, 2021)

- On August 14, 2021, the Dogecoin Foundation announced the re-establishment of the Dogecoin Foundation with a renewed focus on supporting the Ecosystem, the Dogecoin Community, and promoting the future of the Dogecoin Blockchain. The Foundation was revived with the addition of the Advisory Board (Vitalik Buterin – Founder and Co-Founder of Ethereum and Jared Birchall – representing Elon Musk).

- Through the Dogecoin Community and Foundation, it conducts fundraising for charities and other important causes: On January 19, 2014, a fundraiser was conducted to help teams who were eligible but could not afford to go to the Sochi Winter Olympic

- The Dogecoin Foundation, led by Eric Nakagawa, started collecting donations to build a well in the Tana River Basin in Kenya in collaboration with Charity: Water

- The market value of the Dogecoin has reached more than $8 million

- It has become one of the largest electronic currencies in the world

- It continues to run even though some countries prohibit investment in the Bitcoin Economy

- Its trading volume can exceed the Bitcoin and all other combined cryptocurrencies

A few things to watch out for:

- The Dogecoin can be stolen: On December 25, 2013, the Dogecoin's first major theft occurred when millions of coins were stolen during the hack of the online cryptocurrency wallet platform Dogewallet. The hacker gained access to the platform's file system and modified its send/receive page to send any and all coins to a static address. To help those who lost funds in Dogewallet after their breach, the Dogecoin Community started an initiative called "SaveDogemas" to help to donate coins. About a month later, enough money was donated to cover all the stolen coins.

- The Cryptocurrencies have had a long and problematic history of fraud

Recent developments on Dogecoin:

The Ren Project has allowed the Dogecoin to be used on the Ethereum Blockchain and access the DeFi Network. The DeFi (Decentralized Finance) is a form of finance that does not rely on intermediaries such as brokers, exchanges, or banks to offer financial instruments, but uses Online Blockchain Technology.

The Role of Elon Musk In Dogecoin

Elon Musk's role in the Dogecoin seems simple and light but it must be a concern because the price of the Dogecoin is always changing and experiencing movement every time the Dogecoin is mentioned by Elon Musk on his Twitter account. Yes, Elon Musk is the most important power for Dogecoin.

By using his Social Media Platform on Twitter, apart from discussing his companies (Tesla, SpaceX, The Boring Company, Neuralink, OpenAI, Musk Foundation, and others), Elon Musk often discusses his views on the Dogecoin too.

Some of Elon Musk's tweets about the Dogecoin that have caught the attention are:

- Elon Musk's first tweet about Dogecoin on December 20, 2020, was: 'One Word: Doge'. Shortly after, the value of Dogecoin increased by 20%.

- Another Elon Musk’s tweet about the Dogecoin was made in early February 2021 with the captions 'Dogecoin is the people's crypto' and 'no highs, no lows, only Doge'. After this tweet was stated, the value of Dogecoin went up by around 40%.

- On April 15, 2021, the price of the Dogecoin increased more than 100% after Elon Musk tweeted the image of 'Doge Barking at the Moon'

- The Dogecoin price increased 11% on May 20, 2021, after Elon Musk tweeted a meme related to Doge

- In May 2021, the price of the Dogecoin increased 10% within hours after Elon Musk tweeted the Reddit link for users to submit proposals to raise the cryptocurrency

- On December 14, 2021, Dogecoin jumped more than 20% after Elon Musk said that Tesla would accept the currency as the payment for Tesla merchandise.

Dear Dogecoin, I will see you on the Moon!

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Elon Musk And Humanity

Apart from his profession as the Owner of some companies (SpaceX, Tesla Motors, Hyperloop, SolarCity, OpenAI, The Boring Company, Neuralink, and Twitter) and his adventures in the Romance World with several women, let's look at Elon Musk as a human being who wants to do good and the best and wants to have a role in the world of humanity.

Elon Musk, who is a native of South Africa, is currently the richest person in the world with an estimated net worth of over $220 billion. With the greatest wealth he has, Elon Musk wants to help the world. With most of his money, he has a good goal: Elon Musk wants to change the world to become a better world.

Elon Musk believes that:

- All of his companies are created for good reasons

- All of his companies must do good for all human beings

- All of his companies must do good for humanity

- All of his companies must do good for the future of civilization

Elon Musk often voices his good plans and intentions through a Social Media Platform called Twitter which now has become his company since he bought Twitter for $44 billion.

Elon Musk does want to give all his wealth to charities and good causes. Some of the good and best deeds he has done are:

- Through Tesla, he has contributed to accelerating the emergence of sustainable transportation and energy

- Through SpaceX, he has provided the internet for the least served people around the world

- He has donated 11,000 Tesla shares to charity in 2019

- Through his foundation, he has distributed $23.6 million in grants

- He has given $50 million to St. Jude Children's Research Hospital

- He has donated approximately $30 million to public schools and nonprofits in South Texas, where SpaceX builds its rockets

- By using the Starlink Terminal, he has helped Ukraine by providing connectivity to some of the areas worst affected by the war with Russia

- He has donated about 5 million Tesla shares worth $5.7 billion to charity

- He has contributed $100 million to carbon removal

Elon Musk also plans to sell $6 billion of Tesla shares and will donate the proceeds to agencies that can help fight world hunger.

Some people also believe that Elon Musk has also donated without using his name or anonymity. With the wealth he already has, Elon Musk still wants to do good but many times he doesn't want any news about his good deeds. Most of the time, when donating, Elon Musk doesn't want to show himself and doesn't want any news about the donating process he has done. He doesn't want to be in the spotlight or the center of attention when he donates. He is indeed a very low-profile person.

Let's hope that Elon Musk continues to do good for the world, humans, and the universe.

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Using Social Media Platforms As Places To Create The Right Ads For Companies

Social Media Platforms will help companies to:

- Drive awareness about their products, brands, and services

- Educate readers and viewers about the products, brands, and services offered

- Attract new clients and customers to use their products, brands, and services

- Sell their products, brands, and services

- Explain the value and costs that come with it

- Share experiences from clients and customers who have used their products, brands, and services

Currently, the Social Media Platforms are the first channels used for advertising by companies that wish to:

- Share their experiences and business moments

- Liaise with clients and customers who accept the products, brands, and services offered by the companies

- Attract the attention of existing clients and customers

- Reach new clients and customers

The Social Media Platforms will help companies to inform new and existing clients and customers about:

- Current business

- Products, goods, brands, and services being promoted and sold

The Social Media Platforms can:

- Reduce advertising costs, especially traditional advertising costs

- Avoid wasting time on advertising

The right forms of advertising on the Social Media Platforms are:

- Short

- Getting attention

- Mobile-friendly, because it is aimed at users of mobile devices

Best tips for creating ads on the Social Media Platforms:

- Companies must understand and know about the main purpose and message to be conveyed to readers and viewers

- The plan to make the best advertisements must be done in advance so that the companies can continue to make ads that relate to each other and continue from one ad to the next

- The opening of the ad and the initial seconds of the video ad (for 3 seconds) is the most important thing to attract the attention of the readers and viewers, so the main message and purpose of the ad must be conveyed at the beginning of the ad in a clear, concise, and effective manner

- Companies are not advised to provide too much information in the advertisements that are made, because this will confuse the readers and viewers

- Companies are advised to create silent video ads: Videos with sudden sound usually startle viewers and give negative reactions, so the video ads that can be delivered without sound are the best

- Companies are advised to close advertisements with information that will lead readers and viewers to register, purchase, and more

A survey and research state that:

- The first 3 to 10 seconds of an attractive advertisement will get 50-80 percent of the readers and viewers who will buy the products, brands, and services that are offered and sold

- More than 80 percent of people have used the Social Media Platforms to discover brands and products online

- The Social Media Platforms will provide relevant information so that the readers and viewers do not need to visit the website

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Pixel Art

Pixel Art is:

- Creative mind

- Art made of pixels

- Combination of images on computer displays and video games

- Arts and images in video games

- Digital art/retro drawing

- Lower resolution art

- Modern graphics resolution in video games

- Modern art depicts works/images that existed in the past

The Pixel Arts are the re-drawing of the pre-existing works of art and are not entirely the property of the Pixel Artists, so the Pixel Artists must properly credit the previous creator.

Pixel Art that comes up frequently is:

- Image of man with headphones on neck

- Rocket picture

- Star picture

- Picture of pink heart on blue background

The parties that usually need Pixel Art are all of the Video Game Industry, and usually, the Pixel Artists do the work in the Video Game Industry. Video games are the efforts of a group of people (developers, artists, writers, and designers) collaborating to create games.

Pixel Art can be found at:

- Atari 2600

- Nintendo Entertainment System

- Sega Genesis

- Early computer graphics

- Sonic the Hedgehog

- Space Invaders

- Donkey Kong

- Mario

- Kirby

- Pokémon

- Pac-Man

The Pixel Artists are the ones who should focus on the placement of each unit in their images. The Pixel Artists need to be able to capture the basic shape of the subject while keeping it simple. The Pixel Art that requires a high level of attention is in dire need of the Pixel Artists.

Tools that can help the Pixel Artists to create the Pixel Arts:

- Screen on PC, Laptop, and mobile phone

- Squares on the Pixel Grid

- Pencil/Brush

- Line

Simple Tips when Creating the Pixel Art:

- Study the pixel characters from the works of past artists

- Simplify the complex shapes (hands, facial expressions, and more)

- Design the drawings for modern consoles and PCs

- Save the Pixel Arts as the PNG and GIF Files because the compression applied by JPG can interfere with the quality of the Pixel Art pixel by pixel

Some Online Communities that can help the Pixel Artists:

- On the Behance Community, the Pixel Artists can share their work and portfolios to showcase their work in front of potential employers

- Social media account called Pixel Dailies can encourage artists to create works based on themes, such as breakfast, epic heroes, zombie plague, or relaxation

Soon, the Pixel Art may be out of date and may be over, but the Pixel Art lives on as a certain artistic choice. Evoke nostalgia when working with pixels while still creating the Pixel Art. The Pixel Art is simple, but still complex and needed.

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Metaverse

Metaverse is:

- The next stage for the Internet that will combine physical and digital experiences

- Interactive digital and virtual environment

- Online space that digitally creates the real world

- Unreal world that mimics the real world

- Virtual space that brings digital elements into the physical world

- Virtual place to socialize and interact

- Virtual place to make real and unreal transactions

- Virtual space that can take users into a 3D Simulation environment using Virtual Reality (VR)

Metaverse will make the Internet a tool that can provide real user experiences, so users can not only see. Users will be able to feel virtual that they are somewhere else with other people.

Metaverse will be able to enable its users to do social activities, socialization, entertainment, e-commerce, work, and commercial meetings virtually, such as virtual meetings, virtual games, virtual e-commerce, virtual design, virtual work, and many more.

Using Metaverse, the users can:

- Use Augmented Reality (AR) and Virtual Reality (VR) to create 3D experiences

- Connect with other people's avatars on digital platforms

- Design virtual locations

- Play virtual games

- Perform various virtual activities (virtual meetings, virtual work, virtual concerts, and others)

- Buy and sell items and games on the blockchain using virtual money

To shape immersive virtual world experiences and to support digital activities and digital transactions, Metaverse will use:

- 3D

- Augmented Reality (AR)

- Virtual Reality (VR)

- Blockchain

- Cryptocurrencies

- Non-Fungible Tokens (NFT)

- Digital tools

- Avatars

- Virtual platforms

- Virtual Headset

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