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High Hopes for Dogwifhat's Las Vegas Sphere Campaign

Key Takeaways

  • An organizer of the campaign to feature DogWifHat (WIF) on the Las Vegas Sphere expressed 90% confidence in the project's success;
  • The Sphere's management has introduced terms and policies specifically for crypto promotions, with discussions ongoing for the campaign to meet the new criteria;
  • Donations would be refunded if the project failed.
High Hopes for Dogwifhat's Las Vegas Sphere Campaign

Despite delays, the team behind the crowdfunding campaign to feature the Solana-based memecoin Dogwifhat (WIF) on the Las Vegas Sphere remains optimistic.

The campaign, which amassed over $700,000 in March, is progressing, with one of the organizers, Mihir, stating he is "90% confident" it will be successful.

The Sphere's management has introduced new terms and policies specifically for crypto promotions, and Mihir mentioned that discussions are ongoing to meet these criteria.

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While there is a slight risk the campaign could fail if the WIF community or associated companies do not agree to the Sphere's terms, Mihir noted that no such disagreements have emerged so far. However, if the campaign does fail, he assured that all donations will be refunded.

Addressing rumors about potential copyright issues with the Dogwifhat mascot image, Mihir clarified that they are working with the dog's owners, who support the project.

Dogwifhat is currently ranked as the 53rd largest cryptocurrency and 4th largest memecoin, with a market capitalization of over $1.7 billion. At the time of writing, WIF is trading at $1.78, 62.8% lower than its all-time high of $4.83 reached on March 31.

If successful, the advertising campaign would mark a significant achievement for Dogwifhat and could pave the way for broader crypto acceptance in mainstream advertising.

In other news, in April, WIF was listed on the OKX crypto exchange.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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