NEWSLETTER
INTRODUCTION OF $ DOOD: The Official Token of Doodles
The official file of ScribbleA prosperous collaboration of the world is $ Dood. Distinguished by his fascinating cartoons, short films and collaborations with the main international brands, Doodles has been a pioneer in the decentralized creative movement. Doodles is creating a legacy with billions of visits on many platforms, driven by its fervent audience.
The supply and distribution of Token of $ Dood
Total tokens supply $ Dood is limited to 10 billion. The distribution is largely focused on community participation:
- 30% For Doodles nft owners.
- 25% assigned to an ecosystems fund for development initiatives.
- 17% For the project team.
- 13% reserved to attract new users.
- 10% Reserve for liquidity.
- 5% so that the company supports operations and growth.
Source: Doodles
Tokens for the development team and the company will be blocked for a year, followed by a gradual unlock through a three -year award schedule.
Doodles announced plans to open a $ Dood bridge at the base of layer 2 after launching the Token in Solana. However, the schedule and the requirements for the Airdrop, however, have not yet been made public. With a 24 -hour negotiation volume of 3,099 eth (around $ 8.34 million), this statement caused a lot of commercial activity in the Doodles nft collection. Despite this increase, the price of the floor of the collection only saw a slight increase of 2.23%, now to 4.35 eth.
About scribbles
When Doodles first appeared in 2021 as a collection of 10,000 nft, they immediately became very dear among the collectors. By September 2022, the project had raised $ 54 million, with an assessment of $ 704 million. Pharrell Williams was appointed brand director, which was a great change for Doodles. The appointment of Pharrell Williams as a brand director marked a fundamental change for Doodles. The project evolved from a company focused on nft in a media company with ambitions to redefine entertainment.
Source: Doodles
In the last two years, Doodles has expanded its reach:
- Associating with McDonald's in an advertising campaign.
- Deepen music, content creation and event organization.
- Invest in animation with the vision of becoming the “Disney of Web3”.
In an effort to strengthen ecosystems, nft brands are increasingly emitting their own tokens, and Doodles are joining the tendency to introduce $ Dood in Solana. Projects that have adopted similar approaches and are gaining traction in the cryptocurrency market include Magic Eden ($ ME), Milady ($ cult) and Pudgy Penguins ($ PENGUM).
