Many cryptocurrency projects tend to go by unnoticed. The Dogecoin Socks for the Homeless venture is not only remarkable, but also very successful in its own way.
Originally introduced in 2016, Dogecoin Socks for the Homeless has been widely successful.
Dogecoin Socks for the Homeless
As the name suggests, the project collects Dogecoin donations and uses the funds to buy pairs of socks for homeless people.
These socks are then distributed in the city of Los Angeles, a region where most homeless people are forced to move around on bare feet.
Now that the winter is approaching fast once again, the project is in need of more financial contributions.
One community member donated over 20,000 DOGE to make something happen in this regard.
That equates to $45, which will allow the project to hand out several dozens socks to the homeless.
The team behind this project manages to obtain quality socks at the price of $0.68 per pair.
This project goes to show the “meme currency of the internet’ has a solid community willing to help others out.
Considering how easy it is for users to obtain DOGE these days, everyone can contribute to a good cause with ease.
After several years, this venture is still going strong, making it one of the longest-running projects in the cryptocurrency space.