Thumzup Media Corporation, backed by Donald Trump Jr., has announced the formation of a Crypto Advisory Board to enhance its focus on digital assets.
Formation of the Crypto Advisory Board
Thumzup Media Corporation has announced the formation of a Crypto Advisory Board, with Alex Hoffman as one of its members. According to Chief Officer Robert Steele, this appointment is the first step in broadening the company’s crypto talent pool. He stated that they plan to attract more leaders in blockchain and expand industry alliances.
Activities of Alex Hoffman
Alex Hoffman is currently the Head of Ecosystem at DogeOS, where he focuses on the development of the Dogecoin ecosystem. His work aims to assist holders and companies in utilizing Dogecoin through lending, staking, and other applications that generate yield and expand utility.
Thumzup's Expansion into the Dogecoin Ecosystem
Recently, Thumzup has been actively pursuing cryptocurrency mining. Last week, it announced the acquisition of Dogehash Technologies for $153.8 million in an all-stock transaction. Dogehash specializes in mining Scrypt-algorithm assets like Dogecoin and Litecoin. The combined company aims to become the leading Dogecoin mining platform globally.
The formation of the Crypto Advisory Board and recent acquisitions signify Thumzup's strategic focus on developing the cryptocurrency sector and strengthening its position in the Dogecoin ecosystem.