Doodles Transitions to a Media Franchise, Now No Longer Identifying as an NFT Project
In Brief
The Doodles brand has declared that it is no longer classifying itself as just an “NFT project.”
The organization is striving to morph into a leading media franchise, distancing itself from those non-fungible tokens.
The Doodles team, a highly regarded blue-chip NFT venture, is eyeing the transformation into a prominent media franchise, clearly stating that they have transitioned past merely being an “NFT project.” This update was communicated by Doodles' co-founder Poopie in response to a query from a user on their Discord channel who was contemplating selling off all his Doodle NFTs.
It’s crucial to observe that Doodles hinted earlier this month stated about its intentions to branch out into a media franchise:
“We’re dedicated to creating an unparalleled entertainment and lifestyle journey globally, connecting our community and their collectibles to it all.”
Nonetheless, the organization hasn’t issued any further declarations categorically stating “we are not an NFT project” on their Twitter account. In fact, for the past three days, they've been marketing the release of their new NFT series named “Gold Socks.”
Originally, Doodles is recognized as an NFT collection comprising 10,000 vibrant generative artworks. It debuted in October 2021, founded by Evan Keast, Scott Martin, and Jordan Castro.
Building on the initial success of the collection, the team has introduced additional projects. Earlier this month, they unveiled a “Doodleverse” map that encapsulates all aspects and products: Doodles 2, Genesis Box, Dooplicator, Space Doodles, Doodlebank, and the upcoming Doodles Records and The Stoodio.
It's significant to point out that in June 2022, Doodles secured a whopping received $54 million from Alexis Ohanian’s VC firm, Seven Seven Six. This investment aimed to foster the creation of a global web3 entertainment venture. Thus, Poopie’s remarks on Discord emphasize Doodles’ intention to evolve into a widely recognized media franchise.
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