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Doodles NFT Finally Break Their Silence With A LARGE Announcement!

Popular NFT project Doodles is back and larger than ever. Actually, Doodles has just received $54 million of equity funding, thanks to Reddit co-founder Alexis Ohanians Seven Seven Six. Along with Seven Seven Six, Acrew Capital, FTX Ventures and 10T Holdings also contributed to the figure.

image showing a doodles nft
The NFT project Doodles is thriving with a $54 million investment.

How will this investment help the Doodles NFT projects future plans?

Doodles plans to utilize this investment to expand in the music and gaming spheres. Furthermore, this investment brings its valuation to $704 million. The Seven Seven Six founding partner and Doodles board member Katelin Holloway may also help expand the project both internally and also externally.

Katelin Hollway commented: Reimagining storytelling through the blockchain, Doodles is changing what sort of world connects and interacts. Were so excited to partner with Doodles and the team because they continue transforming what another generation of entertainment and media appears like.

Furthermore, the NFT projects team is dealing with its collectors and contains decided to permit them to commercialise their NFTs for $100,000 before licensing agreements are needed. In addition they hired holders as illustrators to help make the community feel involved.

With this particular capital, we try to continue creating a new generation of engaging experiences and content using blockchain technology, including NFTs, said Doodles CEO Julian Holguin.

Were thrilled to possess Seven Seven Six have confidence in our vision to create the largest & most coveted web3 media brand worldwide, bridging consumer, culture, and entertainment. Our mission would be to redefine what this means to become a world-class intellectual property.

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

About Doodles

Doodles is really a joyful assortment of 10,000 NFTs co-founded by Jordan Castro, Evan Keast and digital artist Burnt Toast. Since its launch almost this past year, it is becoming among the top NFT projects. Its colourful, inclusive characters, alongside its passionate community and roadmap have all contributed to its success.

Doodles has attracted the eye of high-profile NFT collectors, such as for example Gary Vee, Snoop Dogg, Justin Bieber, Diplo and Kygo, to mention but several. In June, the team announced that Pharrell Williams may be the completely new Chief Brand Officer. Within the next half a year, Doodles may also launch several products. This consists of their mainstream NFT experience designed for mass adoption.

All investment/financial opinions expressed by aren’t recommendations.

This short article is educational material.

As always, make your personal research before making any type of investment.

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