The Doodles NFT project attracted $ 54 million from the co-founder Reddit

The Doodles NFT project attracted $ 54 million from the co-founder Reddit

The NFT-collection of the same name by the Doodles startup closed the first round of funding in the amount of $ 54 million when estimated at $ 704 million.

It was headed by the venture company Seven Seven Six Co -founder Reddit Aleksis Oganyan. Among the participants: Acrew Capital, FTX Ventures and 10T Holdings.

According to the statement, the funds raised will help the company "scaling the growth strategy and monetize intellectual property".

“We use capital to quickly recruit a team of engineers, creators, marketers and world -class managers. As well as to finance the development of products, acquisitions of technologies, the media and services of collectors, ”commented on Twitter.

“With this capital, we will continue to develop a new generation of exciting impressions and content using blockchain technology, including NFT,” said CEO of Julian Olgin CEO.

Doodles founded ex-employees of Dapper Labs Evan Kirst and Jordan Castro, together with the digital artist Scott Toast in 2021.

The NFT collection is released on Ethereum and consists of 10,000 tokens. On the Opensea marketplace, it takes ninth place in terms of sales for all time – 149,000 ETH (~ $ 266.8 million).

Over the past 24 hours, Doodles sales volume has increased by 1025% – up to 883 ETH. According to the daily indicator, the collection entered the lead on the trading platform.

Recall that in early September, the DUST Labs NFT startup related to the Y00TS and DeGODS collections based on SOLANA, attracted strategic investments of $ 7 million.

Analysts noted that despite the general cooling of the market, the number of non -replaced tokens issued on this blockchain has increased sharply and exceeded 300,000.

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