Doodles ‘not an NFT mission,’ Playboy bares all on NFT earnings and extra

Doodles ‘not an NFT mission,’ Playboy bares all on NFT earnings and extra

Time Stamp: March 17, 2023 2:15 AM

Identification disaster: Cofounder of doodles says it’s not an NFT mission

One of many co-founders of nonfungible token (NFT) mission doodles says it will pivot away from being an “NFT project” to changing into a “leading media franchise.”

In a March 18 submit on the mission’s Discord, one of many doodle’s founders, Jordan Castro — who goes by the pseudonym “poopie” on-line — stated it wished to maneuver away from monetary speculators.

“We’re trying to go from a startup to a leading media franchise. We are no longer an ‘NFT project,’” stated Castro.

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D473237C 2Db2 40F5 9D08 F5414D85F608Castro’s Discord submit explaining doodles transfer to be a media franchise. Supply: Discord

Doodles was launched in October 2021 and has grown to succeed in a $704 million valuation in keeping with a September 2022 funding spherical. The gathering also boasts iconic musician Pharrell Williams as its chief model officer.

Going ahead, Castro stated doodles will give attention to its “most loyal collectors” and it received’t spend assets “appeasing those with financial motivations.”

Many on Twitter took situation with the obvious shift in focus and pointed to different perceived issues with the mission equivalent to its recent lack of communication and a March 16 NFT sock drop.

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