Doodles, the NFT project best known for its colorful art and blue-chip partnerships, has launched a crypto token, DOOD. The token, with a total supply of 10 billion, operates on the Solana blockchain and is set to expand to Base later on.
Doodles, with over $702 million in total transactions, has built a strong community of more than 5,500 holders, and still it aims to make a bigger impact in the world of digital culture through blockchain technology.
Most of the DOOD supply is set aside for the community. The distribution includes 30% for Doodles NFT holders, 25% for an ecosystem fund, and 13% to bring in new members. The team will receive 17%, but it will be locked for a year before being gradually released over three years.
Additionally, 10% of the tokens will be allocated for liquidity, and 5% will remain with the firm. So in total, 68% of all supply is allocated to the community, which strengthens its decentralization and drive to thrive over the long term.
Doodles has also grown beyond NFTs into animation, short films, and collaborations with major brands such as Pharrell Williams, Adidas, and McDonald’s. The introduction of DOOD is another step toward making Doodles a major player in Web3.
The Doodles team said, “With our global community by our side, we’re building a movement that will stand the test of time.”
As the NFT market changes, Doodles is staying ahead by continuing to innovate. By introducing its own token, the project is going beyond traditional NFTs and creating a more immersive digital experience. With a clear plan and a passionate community, Doodles is shaping the future of Web3.
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