Doodles announces $DOOD and sets 68% aside for community members. The token will be deployed on Solana with a Base bridge in the works.
Over the last few years, Doodles has become a familiar name in the NFT world, with its 10,000-piece digital art collection and partnerships with major brands like McDonald's and Adidas.
Now, Doodles is set to launch its Doodles Token ($DOOD) on Solana, with a plan to bridge over to Base, Coinbase's Layer-2 network. This step aims to expand the project's creative ecosystem and invite a broader audience into the Doodles community.
Doodles debuted on the Ethereum blockchain under the guidance of artist Burnt Toast. The collection of 10,000 NFTs has generated over 700 million dollars in total sales across 50,000 transactions, attracting 5,560 unique owners, according to Cryptoslam. Each NFT grants voting rights for events and activations, so every holder becomes part of Doodles' evolving story.
Over time, it evolved into a powerhouse NFT brand, supported by figures like Pharrell Williams and guided through the crypto bear market by Julian Holguin, a former Billboard executive.
In July 2024, Doodles also launched DoodlesTV, a direct-to-community media platform offering early access to exclusive content, premieres, and viewing events.
Over the past 24 hours, Doodles has shown a major upswing in trading activity. The top bid currently sits at 4.47 ETH, while total volume jumped to 3,747 ETH—a 373.92% increase.
According to the Doodles team, it has been on a "white-hot trajectory, igniting a cultural firestorm through the power of decentralization." This sentiment highlights the role of community support in building momentum. By adopting decentralized principles, Doodles offers holders a stake in the project's evolution.
When it comes to $ DOOD's tokenomics, the plan starts with 10 billion tokens on Solana, soon to be bridged to Base, Coinbase's Layer-2 network. This bridging strategy will let holders move their tokens across different blockchains.
In total, 68% of $DOOD goes to the community—30% directly to Doodles holders, 25% to a broader ecosystem fund, and 13% to "New Blood". Another 17% is dedicated to core contributors, 5% is allocated to corporate reserves, and 10% for Liquidity.
Doodles is heading down a similar path as other leading NFT projects—like Pudgy Penguins—by launching $DOOD to boost community engagement and broaden its overall ecosystem. People often call these kinds of tokens "culture coins," because they let fans and investors become active participants in the project, not just passive observers.
Doodles lives by a simple but powerful mantra: "make art. make history. make something." With the launch of $DOOD, Doodles hopes to inspire fresh collaborations among artists, musicians, and collectors.
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