Key Points:
- Neiro multisig has received 75 million $Cocoro tokens, representing 7.5% of the total supply, from Own The Doge DAO.
- $Cocoro was launched to prevent unofficial token deployments and support Atsuko Sato’s community.
Neiro multisig has received 75 million $Cocoro tokens, making up 7.5% of the total supply, from Own The Doge (OTD) DAO.
The DAO, which governs the Doge meme’s legacy, transferred the tokens as part of its broader initiative to manage and support the Doge-themed ecosystem. Neiro multisig has yet to announce how these tokens will be used, stating that more details will follow.
The $Cocoro token was deployed on Base. The launch aims to establish an official community-backed token and prevent extractive or unauthorized token projects from capitalizing on the project’s image.
Our multisig received 75M $Cocoro tokens, 7.5% of the supply, from @ownthedoge. We are extremely grateful for this gesture of goodwill. Stay tuned for more information on how it is going to be used.
— Neiro (@neiro) March 12, 2025
$Cocoro Tokenomics and Distribution
The token’s structure has been designed to ensure fairness and long-term value creation:
- 75% Liquidity Pool (LP): Locked permanently, with claimable fees split equally between the DAO and Atsuko Sato.
- 20% Community Airdrop: Distributed to DOG and Neiro token holders.
- 5% DAO Reserve: Held by the DAO for future initiatives.
The liquidity pool was created immediately following Atsuko Sato’s blog announcement.
Own The Doge DAO and Neiro’s Official Recognition
The announcement follows Own The Doge DAO’s December 2024 acquisition of the official IP rights to Neiro’s likeness from Atsuko Sato, the owner of the original Doge meme. The DAO took this step to establish legitimacy and prevent unauthorized token projects from exploiting Neiro’s image.
On January 27, 2025, after a community vote, the Neiro CTO project on Ethereum was officially recognized as the legitimate Neiro-themed token, securing 92.14% of the votes. The decision reinforced the DAO’s authority over Neiro’s branding while ensuring that Sato retains veto power to maintain alignment with her vision.
With $Cocoro now launched and Neiro multisig receiving a significant allocation, the DAO’s governance over Doge-related digital assets continues to expand.
