Doodles is an NFT manufacturing company founded in 2021, with a full collection of 10,000 NFT colors. The collection was created by digital artist Bern Tost and Web 3 pioneers Evan Kist and Jordan Castro. It consists of charming portraits of heroes found in cartoons. NFTs are minted on the Ethereum (ETH) blockchain. Recently, Doodle raised $54 million in funding.
Funding for development of NFT projects
Since October 2021, the collection of NFT Doodles has managed to trade more than 148,500 ETH on OpenSea. Doodle NFTs have been collected by well-known personalities and stars like Justin Bieber and Future. They are also interested in Snoop Dogg, Kygo, Gary V, Fat Joe, Diplo, Steve Aoki and Pranksy.
Recently, Doodles hosted a fundraising round led by Seven Seven Six. Companies like 10T Holdings, Accrue Capital and FTX Ventures participated in the fundraising. Doodles Company was able to harvest $54 million that he wants to use Strengthen its intellectual property.
Doodles said the funds will allow it to expand its growth strategy They will also be used to monetize its intellectual property globally. The company plans to use them to run projects in the music, culture and entertainment sectors. And these projects will help Doodle achieve its development goals
Doodles hosted a fundraiser that raised $54 million at a cost of $704 million. For Katelyn Holloway, founding partner of Seven Seven Six, this collection of NFTs “Changing the way the world connects and communicates by reimagining storytelling through blockchain. »
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