Thumzup Launches Crypto Advisory Board with DogeOS Head of Ecosystem Alex Hoffman as Founding Member
Thumzup Media Corporation (Nasdaq: TZUP) has launched its Crypto Advisory Board with the appointment of Alex Hoffman, current Head of Ecosystem at DogeOS, as its founding member. This strategic move follows Thumzup's recent $50 million capital raise at $10/share and aligns with its pending merger with Dogehash, a Scrypt mining operation with 2,500 ASIC miners across North America.
Hoffman, a veteran in the cryptocurrency industry since 2011, brings extensive blockchain experience and a successful track record in ecosystem development. The appointment strengthens Thumzup's position in digital assets and supports its plans to integrate mining operations with DogeOS-powered yield strategies, including staking and DeFi integrations.
Thumzup Media Corporation (Nasdaq: TZUP) ha costituito il suo Crypto Advisory Board nominando Alex Hoffman, attuale Head of Ecosystem di DogeOS, come membro fondatore. Questa mossa strategica segue la recente raccolta di capitale di $50 milioni a $10 per azione ed è coerente con la fusione in corso con Dogehash, un'operazione di mining Scrypt che dispone di 2.500 ASIC miner distribuiti in Nord America.
Hoffman, attivo nel settore delle criptovalute dal 2011, apporta una vasta esperienza nella blockchain e un solido track record nello sviluppo di ecosistemi. La sua nomina rafforza la posizione di Thumzup negli asset digitali e sostiene i piani di integrazione delle attività di mining con le strategie di rendimento alimentate da DogeOS, tra cui staking e integrazioni DeFi.
Thumzup Media Corporation (Nasdaq: TZUP) ha creado su Crypto Advisory Board nombrando a Alex Hoffman, actual Head of Ecosystem en DogeOS, como miembro fundador. Esta decisión estratégica llega tras la reciente ronda de capital de $50 millones a $10 por acción y está alineada con su fusión pendiente con Dogehash, una operación de minerÃa Scrypt con 2.500 ASIC miners en Norteamérica.
Hoffman, veterano en criptomonedas desde 2011, aporta amplia experiencia en blockchain y un historial exitoso en el desarrollo de ecosistemas. Su nombramiento refuerza la posición de Thumzup en activos digitales y respalda sus planes de integrar las operaciones de minerÃa con estrategias de rendimiento impulsadas por DogeOS, incluyendo staking e integraciones DeFi.
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Thumzup Media Corporation (Nasdaq: TZUP) a lancé son Crypto Advisory Board en nommant Alex Hoffman, actuel Head of Ecosystem chez DogeOS, en tant que membre fondateur. Cette initiative stratégique intervient après la levée de 50 millions de dollars à 10 $/action et s'inscrit dans la perspective de sa fusion avec Dogehash, une opération de minage Scrypt disposant de 2 500 mineurs ASIC en Amérique du Nord.
Actif dans le secteur des cryptomonnaies depuis 2011, Hoffman apporte une solide expérience blockchain et un parcours réussi en développement d'écosystèmes. Sa nomination renforce la position de Thumzup sur les actifs numériques et soutient ses projets d'intégrer les opérations de minage aux stratégies de rendement pilotées par DogeOS, incluant staking et intégrations DeFi.
Thumzup Media Corporation (Nasdaq: TZUP) hat sein Crypto Advisory Board ins Leben gerufen und Alex Hoffman, derzeit Head of Ecosystem bei DogeOS, als Gründungsmitglied berufen. Dieser strategische Schritt folgt auf die kürzlich abgeschlossene Kapitalerhöhung von $50 Millionen bei $10 pro Aktie und steht im Einklang mit der anstehenden Fusion mit Dogehash, einem Scrypt-Mining-Betrieb mit 2.500 ASIC-Minern in Nordamerika.
Hoffman, seit 2011 in der Kryptowährungsbranche tätig, bringt umfassende Blockchain-Erfahrung und nachweisliche Erfolge im Ökosystemaufbau mit. Die Berufung stärkt Thumzups Stellung im Bereich digitaler Assets und unterstützt die Pläne, die Mining-Aktivitäten mit DogeOS-gestützten Renditestrategien wie Staking und DeFi-Integrationen zu verbinden.
- None.
- Pending shareholder approval required for Dogehash merger completion
- Mining operations and yield strategies yet to be implemented
- Mr. Hoffman brings more than a decade of hands-on blockchain crypto experience
- Currently Head of Ecosystem at DogeOS
- Advisory Board launch follows Thumzup's recent
capital raise at$50 million /share to fuel digital asset growth$10
Hoffman currently serves as Head of Ecosystem at , the Dogecoin app layer, where he leads ecosystem development, partnerships, and growth strategy. His work focuses on helping holders and companies put their Dogecoin to work through lending, staking, and other applications that generate yield and expand utility.
"We are excited to welcome Alex as the first member of our Crypto Advisory Board," said Robert Steele, Chief Executive Officer of Thumzup. "His proven track record in ecosystem development should help us maximize the value of what we are going to be doing in the digital assets space. When taken in consideration with our pending merger with Dogehash, this is another step towards making us a leader in the Scrypt mining economy."
"This appointment represents the first step in broadening Thumzup's crypto talent pool," said Robert Steele, Chief Executive Officer of Thumzup. "We plan to attract more leaders in blockchain while expanding industry alliances, such as our collaboration with Coinbase, to accelerate the development of this business line."
Hoffman has been active in the cryptocurrency industry since 2011. Over the past decade, he has launched several blockchain projects, including Superposition Finance and Moveposition, each of which has reached a significant market capitalization. He has built a reputation for creating ecosystems and communities that endure, blending product vision with execution and growth. His reputation rests on an ability to blend product vision with ecosystem growth, making him a trusted voice in the Dogecoin economy.
Through his advisory role, Hoffman will support Thumzup's plans to align its mining operations with DogeOS-powered yield strategies, including staking, DeFi integrations, and more. These activities are designed to enhance economics for Thumzup while contributing to the growth of the wider Dogecoin app ecosystem.
"I'm honored to join the Crypto Advisory Board," said Alex Hoffman. "Thumzup's pending merger with Dogehash and its commitment to putting Dogecoin to work through DogeOS make it a meaningful contributor to the next phase of Dogecoin adoption. I look forward to seeing how these efforts create value both for the community, developers, and partners."
Thumzup recently announced a proposed acquisition of Dogehash (dogehashtech.com) which will be put to a shareholder vote later this year. Dogehash currently operates approximately 2,500 Scrypt ASIC miners, across three data centers in
About Thumzup®
Thumzup Media Corporation is pioneering a new era of digital marketing and financial innovation. In parallel with the growth of its AdTech platform, Thumzup's Board of Directors has authorized the company to strategically expand its treasury strategy beyond Bitcoin to include leading cryptocurrencies, such as Dogecoin, Litecoin, Solana, Ripple, Ether, and USD Coin, reinforcing the Company's commitment to financial agility and innovation.
Legal Disclaimer
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These include, without limitation, our expectation that we will successfully consummate the merger with Dogehash, our ability to become a leader in the Scrypt mining economy, our ability to attract more leaders in blockchain while expanding our industry alliances, and our expectation that our strategies will enhance economics for Thumzup while contributing to the growth of the wider Dogecoin app ecosystem.. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although the Company believes that its plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, it can give no assurances that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the
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