Dogecoin is a cryptocurrency created in 2013 as a bifurcation of the Litecoin blockchain. Its task is to conduct peer—to-peer transactions without centralized management. Earnings on the coin were not expected. The developers thought it would be a humorous parody to encourage content creators.

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The @DogecoinFdn has partnered with @MyDogeOfficial to cover flights, accommodation, and meals for up to 3 developers to attend the Dogecoin Hackathon in sunny Australia! Registrations for in-person and online participation are now open: https://t.co/NhFiNeriRA #HackTheDoge https://t.co/4EiVbynqlF