Holguin believes music NFTs present an opportunity to lure more people into Web3, which has seen massive inflows of venture capital (VC) funding this year. The project’s all-time sales volume stands at 148 ETH ($258,000), ranking it at 9th place in the NFT marketplace OpenSea, which dominates the sector in terms of market share.ĭoodles also welcomed the singer and songwriter Pharell Williams as its chief brand officer in June, underscoring the project’s interest in expanding further into music-themed NFTs. The Round Top Collection Americana Cat 4th of July Firework Stake Set of 3 4th of July Firework Celebrate Poppy Magnet Daisy Magnet Merry Christmas Gift. Weve been telling our story with our products since 1985. The project has minted around 10,000 NFTs so far, which are currently worth about $121 million, according to NFTPriceFloor. The Round Top Collection Gallery is a destination for seasonal home dcor, design inspiration, custom floral designs, and much more. Still, Doodles remains one of the largest profile picture NFT collections in the world. Interest in NFT bottomed earlier this year, while NFT trading volume plunged to just $191 million in August, from $3.5 billion in May. With a combined 40+ years of experience in the industry, we have a deep passion for decorating and event planning. – Julian Hoguin, CEO of Doodles Doodles Ramps Up Expansion Efforts Amid NFT Crunchĭoodles’ new funding round comes after a difficult eight months for the NFT and the broader web3 market. “We want to create products for our core collector base, but at the same time utilize these great forms of marketing like music, to introduce new people to Web3 and onboard them into the Doodles ecosystem.” ?Having Holloway “as a sounding board and as a true partner is going to be invaluable because we want to be built on culture, we want to elicit joy and creativity,” said Hoguin. Fluffy enough to rest comfortably on or just as a throw pillow to be moved before sitting, The Round Top Collection Wild Rose finial, Buy BlountDecor. Doodles CEO Julian Hoguin said the project’s expansion efforts will be helped by a new board member, Katelin Holloway, a founding partner of 776 who was introduced to Doodles by Ohanian last year. The financing, backed by FTX Ventures and Acrew Capital, among others, brings the project’s valuation to $704 million.ĭoodles intends to use the fresh funding to fuel its expansion into music, gaming, and NFT sectors that are seeing strong interest. Existing Loyalty Members will need to create an. #ROUND TOP COLLECTION SERIES#Doodles Valued at $704M After Fresh Fundingĭoodles, a popular non-fungible token (NFT) collection spearheaded by Reddit co-founder Alexis Ohanian, announced Tuesday it raised $54 million in a Series A funding round. Simply create an account by clicking My Account on the top right of the page. Several prominent investors including FTX Ventures, Acrew Capital, and 10T Holdings took part in the funding round. Doodles secured $54 million in a funding round Tuesday, taking its valuation to $704 million.
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