DOG did not launch with a mint button waiting for buyers. One transaction created the whole supply in the halving block; a community campaign then scattered it through Bitcoin outputs. Its story is less about a smart contract than about who interprets those outputs, who speaks for a leaderless brand and what changes when the dog crosses a bridge.
At 00:09:27 UTC on 20 April 2024, Bitcoin block 840,000 contained the etching transaction for DOG•GO•TO•THE•MOON. Ord assigned it number 3 and ID 840000:3. The halving block became both timestamp and identity.
The etching declared 100 billion units, five decimal places and the dog symbol. It preminted 100% and opened no public mint. turbo=false declined the optional flag for future protocol changes. The fixed fact is gross creation; burns still reduce what remains.
LeonidasNFT and volunteers had first distributed the 112,383-piece Runestone collection to early Ordinals participants. DOG was presented as its first promised memecoin allocation, funded and organized without a conventional ICO or disclosed team tranche.
A common shortcut says 112,383 wallets each received DOG. The source number is inscriptions, not necessarily unique owners. Payward’s later trading white paper says the supply was released to more than about 112,000 addresses, while also recording no issuer, fundraising round, treasury or formal management. The uncertainty belongs in the history.
Native DOG is not an ERC-20 account mapping. A Bitcoin transaction spends UTXOs, and its OP_RETURN runestone gives edicts that allocate rune amounts to outputs. A pointer handles leftovers; the Rune ID keeps DOG distinct from look-alike names.
The ord implementation turns those bytes into a balance ledger. Wallets, exchanges and explorers must stay at a compatible height and interpretation. A malformed cenotaph burns input runes under the reference rules. At review, ord reported 24,406,797.67 DOG burned, so “100 billion supply” needs a gross-versus-outstanding label.
This dependence does not make DOG custodial: an indexer cannot spend a UTXO without its Bitcoin key. It can, however, misreport where DOG sits, and a wallet built from that view can construct a destructive transaction.
The reviewed project pages present Dog (Bitcoin), the DOG Army, merchandise, raffles and the Dog of Bitcoin Foundation. They do not establish a 2025 date for this branding or the foundation’s creation. These organizers can choose campaigns, websites and charitable partners. They cannot edit the etched name, reopen native mint terms or move a holder’s correctly controlled Bitcoin output.
The reverse boundary matters too. Native DOG grants no vote over the foundation, treasury claim, revenue share or guaranteed listing. A Payward-prepared MiCA paper classifies it as non-utility, reports no underlying asset or refund, and says it lacks staking and governance features.
Market aggregators also map DOG to Solana mint dog1vi…N65u and Starknet contract 0x040e…fca4. These are balances maintained by other ledgers, not additional native units inside Bitcoin UTXOs.
A wrapper can mirror value only through a credible lock/mint or burn/release path. The project pages reviewed do not give one complete, current map of custody addresses, administrators, pause or upgrade powers, reserve reconciliation and recovery for every representation. The Rune ID answers which Bitcoin asset DOG is; it does not answer whether a bridge will return it.
112,383 inscriptions form the community set later used for DOG allocation.
The halving block creates a closed 100-billion premine with five decimals.
The premine was distributed to recipient Bitcoin outputs; the reviewed project history does not establish a precise completion month. The MiCA paper’s May trading date is a separate event.
Last evidence review: 2026-09-05
DOG•GO•TO•THE•MOON is a fungible Bitcoin Runes asset, now branded Dog (Bitcoin). Its canonical identity is Rune 840000:3, not merely the ticker DOG. It was etched at block 840,000 with 100 billion units, five decimal places and no open mint.
DOG looks simple because Bitcoin confirms its transactions. Yet Bitcoin nodes do not maintain a DOG account table: Runes-aware software interprets OP_RETURN messages and follows balances through UTXOs. Distribution history, community branding, indexer correctness and wrapped copies are distinct trust questions.
A spend consumes Bitcoin outputs containing indexed DOG balances. A runestone in OP_RETURN assigns amounts to new outputs; unallocated amounts follow a pointer or default output. Malformed cenotaphs and burn allocations destroy runes under ord rules. The etching preminted the entire gross supply, so ordinary users cannot mint more native DOG. Other-chain DOG contracts require their own bridge or custody path.
No. The canonical record is a Rune. One exchange-prepared MiCA paper uses the phrase “Runes BRC-20,” but Ordinals documentation treats Runes as its own UTXO-based metaprotocol.
The rune record says mint: no. All 100 billion gross units were preminted in the etching. Burns can reduce outstanding supply, but ordinary users have no open mint terms.
That precise phrasing is not established. Runestone comprised 112,383 inscriptions; one address could hold multiple inscriptions. The regulatory paper uses the looser figure of more than about 112,000 addresses.
Bitcoin validates the underlying transactions and UTXOs. Rune-aware indexers decode runestones and calculate which outputs carry DOG, so wallets and exchanges depend on compatible indexing.
Under the ord specification, a cenotaph burns input runes. Wrong pointers or output allocation can also produce unintended placement or destruction, making wallet construction material.
The native token supports holding, transfer and trading. Branding, merchandise, raffles and third-party applications are community products, not protocol rights embedded in DOG.
No token voting or formal issuer governance is disclosed. Bitcoin consensus governs transaction validity, ord software defines Runes interpretation, and community contributors govern websites, branding and campaigns.
It is a separate contract representation mapped to the same market identity. Verify the exact bridge, custody, mint/burn authority and return path; the contract alone is not a Bitcoin Rune output.
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