It’s been a tough couple weeks for the Dogecoin community, but things might be looking up for the digital currency.

Drama ensued recently when UltraPro - a company that makes card-sleves, photo-albums, and other protective coverings - announced their intentions to trademark the word “doge.” The community was split regarding how to respond, and the resulting public spat between Dogecoin founder Jackson Palmer, and Alex Green, founder of Moolah currency exchange platform, ended with Palmer and others leaving the Foundation and taking a break from the community - putting the future of the original foundation in turmoil.

Since then, there has been a determined effort to rebuild the Dogecoin Foundation, and on Tuesday came the announcement of a “Dogecoin Foundation 2.0″ with a new (temporary) Board of Directors and a reworked set of bylaws (in long-form , and TL;DR versions).

Framing its purpose as “to facilitate the use of Dogecoin through goodwill, promotional, and charitable endeavors,” the Foundation will provide “guidance, essential infrastructure, services as well as a framework for self-governed and self-organizing community projects.”

Overseeing the transition from the old foundation to the new “v2″ is a temporary Board of Directors consisting of Felix von Drigalski, Jens Wiechers, Steven Hirschmann, Josh Mohland, and Debbie Ballard. Elections are expected sometime within the next three months.

The new foundation will be a non-profit organized under Colorado law.

Related articles across the web