When an internet meme becomes a visual hallmark echoing through Sakura Furusato Square in Japan, it is safe to say that the crypto-sphere has permeated the world of art in an unexpected way. Doge enthusiasts have taken it upon themselves to fundraise a bronze statue of Kabosu – the Shiba Inu dog associated with the infamous Dogecoin meme – and bring this project to fruition. Their effort saw an encouraging initial response, reaching the target of $42,069 within 72 hours. The unpredictability of the market, mirrored by FTX implosion, however, led to a temporary slowdown in the fundraising efforts.
But, the community isn’t about to let a crypto market crash rain on their parade; Kabosu’s bronze statue will be unveiled in honour of the dog’s 18th birthday this November 2nd. PleasrDAO, a collective of high-value NFT enthusiasts, spearheaded the cultural blending operation. Known for extending the Doge meme to diverse corners of the net, including Hollywood and global charities, they deem themselves the heart of all Doge-based online gatherings. They even have their sights set on placing a statue of Kabosu on the moon someday.
The statue’s unveiling will be met with interactivity, allowing attendees to win specific privileges based on their NFT holdings. Furthermore, the community is even brewing a celebratory documentary tracking the life of Kabosu and the meme’s ascension in popularity.
Doge flickers a significant light on crypto’s pathway, inspiring an era of popular tokens including Dogecoin in 2013, subsequent coins like Shiba Inu and Floki Inu. Into this growing narrative, Elon Musk, the luminary CEO of Tesla and SpaceX, has insinuated himself, advocating Dogecoin as his preferred cryptocurrency and an efficient transaction means eclipsing Bitcoin.
Despite Dogecoin featuring prominently as the tenth largest crypto by market cap and the second most recognized among the general population, it’s met with somewhat of a sour note from its creators. Billy Markus and Jackson Palmer appear to harbour a degree of criticism towards the expanding crypto universe, injecting a touch of skepticism amid its soaring popularity. As anticipated as unveiling Kabosu is, it throws into relief the intricate narratives and fluctuating perspectives in the world of crypto.
Source: Cryptonews
