Business News Report

Doodles, the innovative NFT brand, has acquired Golden Wolf, the animation powerhouse known for its work on Rick and Morty.

In Brief

Doodles has acquired Golden Wolf, the acclaimed Emmy-nominated studio behind the hit animated series 'Rick & Morty.'

The partnership aims to elevate Doodles' narrative storytelling, invent engaging characters, and create vibrant new worlds.

Doodles, a pioneering Web3 brand, has formally announced its acquisition of the Emmy-nominated Golden Wolf studio, famous for its work on Adult Swim's 'Rick & Morty.' With its presence in both London and New York, Golden Wolf has collaborated with major names like Facebook, Nike, Disney, Adult Swim, and Gatorade.

This acquisition marks a pivotal step for Doodles, as they strive to establish themselves as the premier creative studio in the Web3 arena. With Golden Wolf on board, they plan to solidify their reputation and delve into creating memorable characters, imaginative worlds, and compelling narratives. Initially, the two entities will join forces to produce content, and subsequently, there may be opportunities for original series, marketing materials, and video games.

As part of this exciting acquisition, Doodles will team up with Golden Wolf's strategic ally, Psyop, to launch a joint venture named Active Ingredient. Together, they intend to leverage artificial intelligence and blockchain technology to innovate new tools and methodologies.

Doodles stands as a blue-chip NFT initiative that boasts a collection of 10,000 vibrant, generative artworks. This collection was initiated by Evan Keast, Scott Martin, and Jordan Castro in October 2021, and since then, it has rolled out numerous collaborations and exhilarating offerings for its community.

In June 2022, Doodles received Having raised $54 million from Alexis Ohanian's venture capital firm, Seven Seven Six, the project currently holds a valuation of about $704 million. Since its inception, the NFT collection has managed to generate a total trading volume of 155,584 ETH, and its present floor price is around 7.988 ETH, which is approximately $12,972 at this moment.

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