Dogecoin fans to fetch a piece of Kabosu thanks to new NFT offer

This is no joke – Dogecoin has pieces of its famous Shiba up for grabs, you just need to understand the process first.

Dogecoin, the original “meme” coin, has one-upped itself yet again, with pieces of the crypto puzzle up for grabs thanks to a new offer by NFT owner PleasrDAO.

Doge fans will soon be eligible to buy their own share of the famous Kabosu image – the Shiba Inu from Japan who is the face of the cryptocurrency, in the form of $DOG tokens.

But like all things crypto, it doesn’t come without a puzzling process.

Let’s get down to business

After the NFT is fractionalised, those that want to get their hand on the prize will have to battle it out at a “batch-auction” sale on Miso.

Participants will then receive distributions of $DOG tokens before Sushiswap enables them to be brought and sold separately from dodgecoin.

While Dogecoin fans are able to get their hands on a piece of Kabosu, the digital artists, NFT collectors and DeFi leaders of PleasrDAO will largely possess ownership.

Jamis Johnson, chief pleasing officer of PleasrDAO, is thrilled to have fans of the meme coin take part in its future.

“Doge is unquestionably the king of all memes, and PleasrDAO could not be more excited to invite anyone in the world to own a piece of something so integral to the cultural history of the internet.”

Jamis Johnson

“The future is bright for communities built around the shared possession of an idea and we believe fractionalized Doge, the Mona Lisa of the internet, will be a shining example of this odd new world we live in.”

Dogecoin, originally created to ridicule Bitcoin, has progressed substantially in the crypto world.

What started off as a joke, now has a circulating supply worth more than $1.25 billion with 1 Doge worth $0.28 US.

$DOG tokens will be available for sale on Wednesday.

Written by Rebecca Borg