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Doodles NFT Reveals New Funding, CBO, and Collection Coming Soon

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Doodles NFT Reveals New Funding, CBO, and Collection Coming Soon

  • Doodles leapfrogged to the top 3 must-own blue chips after the first round of fundraising.
  • Musician and producer Pharell Williams will join Doodles as Chief Brand Officer.
  • Doodles announces plans for Doodles 2 avatars to launch soon.

Ethereum-based NFT project Doodles made a pair of noteworthy announcements on June 21. The co-founders of Doodles revealed that Reddit co-founder Alexis Ohanian’s venture capital firm, Seven Seven Six, led their first round of funding, besides welcoming musician and producer Pharell Williams to the team as Chief Brand Officer (CBO).

Doodles further revealed that Doodles 2 avatars were to launch soon. This new NFT collection will span millions of avatars, feature a vast array of traits, and contain over 10,000 original NFTs along with wearable items. However, these avatars won’t be released on the Ethereum blockchain, and the team withheld from disclosing which blockchain it will release on.

At the event, Williams expressed his excitement to collaborate with Doodles through a pre-recorded video message where he stated, “I’m a big fan of the brand… We’re going to build from the core community outward and bring Doodles to new heights, new levels.”

Although Williams launched his own NFT project named Gallery of Digital Assets (GODA) last month, it would be intriguing to see this 13-time Grammy Award-winning musician in his new role where he is anticipated to reshape Doodles’ approach to music, artwork, animation, events, and consumer products.

Additionally, an album will be released in collaboration with Columbia Records. The album, titled Doodles Records: Vol 1, will include Doodles-inspired music and feature artwork from Doodles co-founder and artist Scott Martin, AKA ‘Burnt Toast’. Williams will be the executive producer of this album and he will engage other major recording artists to collaborate for the same.

According to Doodles representatives, the album will be coupled with as-yet-unspecified NFT collectibles, and though the album will be available to stream via various platforms, it will only be sold through NFTs.

Alongside William joining as the CBO, Doodles also declared that the Seven Seven Six co-founder, Katelin Holloway, onboarded the Doodles team. Speaking of the Seven Seven Six-led fundraiser, the team mentioned this to be Doodles’ first capital raise, without disclosing the funding amount.

In a pre-recorded video message, Reddit and Seven Seven Six co-founder Ohanian conveyed his plans to work with the Doodles team to “take all the work they’ve done so far and bring it to another level, scale it even further.”

Doodles has become one of the most valuable NFT collections in the market since its launch in October last year and to date has generated above $500 million in secondary trading volume, as per data from Cryptoslam. Notably, after these announcements, Doodle NFTs saw a surge in sales leading to nearly $3 million in the last 24 hours.

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Cryptocurrency

SEC Chair Gary Gensler calls Bitcoin a commodity

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© Reuters SEC Chair Gary Gensler calls Bitcoin a commodity

In an appearance on CNBC’s Squawk Box on Monday, SEC Chairman Gary Gensler said that Bitcoin was the only cryptocurrency he was ready to publicly call a commodity.

Gensler aired his views while examining the implications of classifying certain cryptocurrencies as commodities rather than securities. He also addressed previous calls to ramp up the commission’s regulatory oversight of the crypto market.

According to Gensler, all the main market regulators in the US agree that cryptocurrencies are highly speculative. “This is a highly speculative asset class. We’ve known this for a long time the ups and downs of this speculative asset class — Bitcoin and hundreds of other tokens,” he said.

He goes on to note that the investing public expects a return from most of these digital assets like they would when they invest in securities. As a result, Gensler concludes that most tokens in the crypto market have the “key attributes” of securities, thereby putting them under the purview of the Securities and Exchange Commission.

Interestingly, Gensler opined that Bitcoin and a few other cryptocurrencies could be considered commodities.

Some, like Bitcoin, and that’s the only one, Jim, I’m gonna say because I’m not going to talk about any one of these tokens but my predecessors and others have said they’re a commodity.

Meanwhile, he called for fair disclosures in the crypto market, noting that the US was open to having hundreds of tokens legally operating in its market if they complied with SEC laws.

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Ethereum liquidity provider XCarnival negotiates return of 50% stolen ETH

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Ethereum liquidity provider XCarnival negotiates return of 50% stolen ETH

XCarnival, a liquidity provider for the Ethereum ecosystem, recovered 1,467 Ether (ETH) just a day after suffering an exploit that drained 3,087 ETH, worth roughly $3.8 million, from the protocol.

Blockchain investigator Peckshield noticed the XCarnival hack as it came across a stream of transactions that eventually bled 3,087 ETH from the protocol. Explaining the nature of the exploit, Peckshield stated:

Flowchart showing the transfer of the stolen XCarnival funds. Source: Peckshield
ETH wallet balance of the XCarnival hacker. Source: etherscan.io

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Holonus to announce its listing on LBank

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© Reuters Holonus to announce its listing on LBank

Holonus – Blockchain-based Best Ecosystem Platform for Next Generation

Humanity in the coming future will need the economic sphere on the Internet more than ever, like the water, air and food – the most necessary things to live on earth.

In the context of people’s economic activities changing dramatically, such as earning money by playing games and gaining approval, it is essential for a solid base system to be created for people to engage in economic activities in this economic sphere with peace of mind.

Holonus is blockchain-based best ecosystem platform for the next generation with a view to creating an economic zone based on the decentralized autonomous organisation (DAO).

In economic design on the Holonus platform, participants are rewarded when they provide value.

The concept of Decentralized Autonomous Organization is to make sure that all participants receive a fair reward for the value creation they have done. Holonus frees people from a hierarchical structure that is a real-world organizational structure and realizes a true DAO economic zone.

Holonus will list on LBank exchange

On June 27, the project Holonus is going to announce its listing on Lbank with the trading pair HLN/USDT. LBank Cryptocurrency Exchange – is the world’s leading crypto trading platform providing safe and professional services for global crypto users.

Announcement time : June 27th – 4pm UTC+8

Deposit time: June 29th – 4pm UTC+8

Trading start: June 30th – 6pm UTC+8

Withdrawal time: July 1st – 4pm UTC+8

Unique features: The basis for realization of Holonus economic zone

  • Dapps are linked to the Honolus blockchain and users can continuously create the wallet system.
  • Holonus Dapps builder allows all users to easily create blockchain applications with no code. It also enables them to build DApps such as original SNS and games dealing with Holon based on the Holonus blockchain and the wallet
  • Holonus ID allows users to send Holon and NFT in one transaction. Holonus DApps coin, a utility coin used in the Holonus DApps market, can also be sent at the same time.
  • Encryption, division, and decentralized systems provide high-quality functions and enhance better compliance and security beyond traditional databases.

What can we expect from the Holonus project in the upcoming time?

  • Airdrop to win HLN on Twitter (NYSE:TWTR): Holonus: https://twitter.com/holonusOfficial/status/1540671470900494336?s=20&t=3cRnE7B8ErULGkGWQibH2wLBank:https://twitter.com/LBank_Exchange/status/1540243364200808448?s=20&t=JbBLSNHlT7YE9NLttWaZFw
  • AMA on Holonus Official Telegram: June 28, 2022 – 4pm UTC+8https://twitter.com/holonusOfficial/status/1541020549811281920?s=20&t=3cRnE7B8ErULGkGWQibH2w
  • AMA in the official LBank Telegram group: June 30, 2022 – 4pm UTC+8https://twitter.com/LBank_Exchange/status/1541336840971640834?s=20&t=3cRnE7B8ErULGkGWQibH2w

For further information, contact via

  • Website: https://holonus.io/
  • Twitter: https://twitter.com/holonusOfficial
  • Telegram: https://t.me/HolonusBlockchain
  • Linktree: https://linktr.ee/holonus

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