Doodles NFT Lastly Break Their Silence With A Large Announcement!


In style NFT undertaking Doodles is again and greater than ever. In truth, Doodles has simply acquired $54 million of fairness funding, courtesy of Reddit co-founder Alexis Ohanian’s Seven Seven Six. Along with Seven Seven Six, Acrew Capital, FTX Ventures and 10T Holdings additionally contributed to this determine.

image showing a doodles nft
The NFT undertaking Doodles is flourishing with a $54 million funding.

How will this funding assist the Doodles NFT undertaking’s future plans?

Doodles plans to make use of this funding to broaden within the music and gaming spheres. Moreover, this funding brings its valuation to $704 million. The Seven Seven Six founding associate and Doodles board member Katelin Holloway will even assist broaden the undertaking each internally in addition to externally.

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Katelin Hollway commented: “Reimagining storytelling by the blockchain, Doodles is altering the best way the world connects and interacts. We’re so excited to associate with Doodles and the group as they proceed reworking what the subsequent technology of leisure and media appears like.”

As well as, the NFT undertaking’s group is working with its collectors and has determined to permit them to commercialise their NFTs for as much as $100,000 earlier than licensing agreements are required. Additionally they employed holders as illustrators to make the neighborhood really feel concerned.

“With this capital, we purpose to proceed creating a brand new technology of participating experiences and content material utilizing blockchain know-how, together with NFTs,” mentioned Doodles Chief Government Officer Julian Holguin.

“We’re thrilled to have Seven Seven Six imagine in our imaginative and prescient to construct the biggest and most coveted web3 media model worldwide, bridging shopper, tradition, and leisure. Our mission is to redefine what it means to be a world-class mental property.”

doodles project graphic
Undoubtedly, the colorful NFT undertaking is taking its ambitions to new heights!

About Doodles

Doodles is a joyful assortment of 10,000 NFTs co-founded by Jordan Castro, Evan Keast and digital artist Burnt Toast. Since its launch nearly a 12 months in the past, it has turn out to be one of many high NFT tasks. Its vibrant, inclusive characters, together with its passionate neighborhood and roadmap have all contributed to its success.

Doodles has attracted the eye of high-profile NFT collectors, reminiscent of Gary Vee, Snoop Dogg, Justin Bieber, Diplo and Kygo, to call however just a few. In June, the group introduced that Pharrell Williams is the model new Chief Model Officer. Within the subsequent six months, Doodles will even launch a number of merchandise. This contains their mainstream NFT expertise meant for mass adoption.


All funding/monetary opinions expressed by are usually not suggestions.

This text is academic materials.

As all the time, make your personal analysis prior to creating any type of funding.


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