Dogs
Dogs is a meme coin on TON Blockchain, focused on evaluating Telegram user accounts. Dogs aims to become the native cryptocurrency of the Telegram community, emphasizing user activity and engagement. The goal of the project is to allow users to monetize their activity on Telegram while also promoting the symbol of care and charity represented by the logo of the Dogs coin.
Creation History
The logo features a dog named Spotty, created by Pavel Durov during a charity auction. There are various interpretations of this logo on the social network VK (VKontakte), founded by Pavel Durov. Spotty was chosen as the symbol of the meme coin due to its original association with care and charity, reinforcing the idea of a native meme coin for the Telegram community. The logo highlights the project's commitment to philanthropy and emphasizes that Dogs is a community-driven product.
How It Works
Users can access Dogs through a mini app in Telegram. Creators distributed tokens depending on user activity in Telegram, making them valuable for each participant. Several key factors determine how many Dogs tokens users can earn. First, the older the Telegram account, the more $DOGS tokens the user receives. Second, users with premium Telegram subscriptions received additional tokens. Subscribers who added a "bone" to their Telegram status also received extra rewards. However, a significant amount of $DOGS is to attract new users into the ecosystem.
Tokenomics
There are 550 billion coins, all of which are in circulation. The coin follows the Jetton standard, has an address on TON Blockchain, and features an open-source smart contract.
The total emission distribution is as follows:
- 81.5% for the community
- 10% for the development team and further project development
- 8.5% as liquidity on DEX and CEX exchanges.
A key aspect of $DOGS tokenomics is the absence of locks and vesting periods. The community owns most coins, making the project decentralized and independent of large institutional investors. Currently, minting is still enabled. However, according to the team, future token issuance is not planned, which supports limited supply and stimulates the asset's value growth.
On October 9, 2024, the team burned 4.78 billion $DOGS tokens (0.8% of the total supply). They also allocated another 6 billion $DOGS for charity and set aside 7 billion for future project development initiatives.
Popularity and Distribution
Since its launch, the Dogs project has shown impressive growth. Within the first 24 hours, the app attracted over 1 million users. Three days later, this number reached 10 million. As of August 2024, the user base exceeded 50 million, demonstrating high community engagement and interest in the project.
Dogs became one of the TOP-3most popular mini-apps in Telegram, confirming its significance in the messenger ecosystem. Several cryptocurrency exchanges plan to list $DOGS on August 26, 2024 for spot trading: OrangeX, Gate.io, BitMart, Bitget, CoinW, SuperEX, LBank, BingX, KUCOIN, COINDCX, Bitrue, Bybit, OKX, Biconomy, and Bitrue. This event is highly anticipated within the crypto community and may contribute to further token popularity and value. To receive an airdrop directly to an exchange account, users need to verify their account on the exchange and submit a withdrawal request within the Dogs app. Developers plan to distribute about 400 billion coins.
Usage
Stickers creators can utilize $DOGS tokens to create unique stickers on Telegram in the form of NFTs. Pavel Durov mentioned this possibility earlier at a conference in Dubai, which sparked additional interest in the project. The team plans to utilize $DOGS in P2P markets to exchange other cryptocurrencies, making it a versatile tool for Telegram users.
In January 2025, the Dogs community launched a charity portal and raised approximately $500,000 during the opening phase. The community allocated the funds to support organizations focused on children's rights, cancer research, and animal welfare.
You can also use $DOGS to pay for bookings on Travala.
The Dogs community supported a charitable initiative and donated $30,000 in cryptocurrency to World Child Cancer, an organization that helps children in low- and middle-income countries receive cancer treatment.
Thus, Dogs is not just a meme coin but also a significant element of the Telegram ecosystem, bringing users together around the idea of monetizing activity, charity, and digital creativity.