PANews reported on July 31 that crypto KOL Wang Dayou (@youyou5202) said on Twitter that he is the founder of the meme project ArbDoge AI. ArbDoge.AI officials also tweeted to confirm the identity of crypto KOL Wang Dayou, calling him the founder and leader of the project.

ArbDoge AI said that although the founder is Chinese, its team and community are global. ArbDoge.AI emphasized that the founder is willing to face everyone openly after careful consideration, which is one of the ways for the team to convey trust to the community.