Introduction $ dood: Official graffiti
Official token Graffitia thriving world building collaboration is $dood. Known for its engaging cartoons, short films and collaborations with major international brands, Doodles has been a pioneer in the decentralized creative movement. Doodles has created a legacy of billions of views on many platforms, driven by its enthusiastic audience.
$ dood token supply and distribution
The total supply of $do tokens is 10 billion. This distribution focuses on community participation:
- 30% For graffiti nft owners.
- 25% Ecosystem fund allocated to development programs.
- 17% For the project team.
- 13% Reserved to attract new users.
- 10% Reserve liquidity.
- 5% The company supports operations and growth.
Source: Tuya
The tokens of the development team and the company will be locked for one year and then gradually unlocked through three years of ownership.
Doodles announced plans to open the $DOOD bridge after launching Solana’s token. However, the schedule and requirements for Airdrop have not been made public yet. The statement, which had a 24-hour trading volume of 3,099 ETH (approximately $83.4 billion), caused a lot of trading activity in the Doodles NFT collection. Despite this surge, the range’s floor price is only slightly above 2.23%, now at 4.35 ETH.
About graffiti
When Doodles first emerged with 10,000 NFTs in 2021, they were immediately well received in collectors. By September 2022, the project had raised $54 million and was valued at $704 million. Pharrell Williams was appointed chief brand officer, which was a big change for Doodles. Pharrell Williams was named chief brand officer, marking a key turn in graffiti. The project grew from an NFT-focused adventure to a media company with redefining entertainment activities.
Source: Tuya
Over the past two years, Doodles has expanded its scope:
- A commercial campaign was conducted in partnership with McDonald’s.
- Deep in music, content creation and event organization.
- Invest in animation to become the vision of “Disney of Web3”.
To strengthen the ecosystem, NFT brands are increasingly releasing their own tokens, Doodles joins the trend by introducing $DOOD on Solana. Projects that took a similar approach and gained attention in the cryptocurrency market include Magic Eden ($ME), Milady ($CULT), and Pudgy Penguins ($Pengu).
