Doodles Defy the Market with $54 Million Funding Round

In the midst of the greatest upheaval the Ethereum network has ever experienced, many facets of the industry have continued to innovate. As a result, the Mind Bending Psychedelic NFT Collection, doodlehas raised a whopping $54 million in funding and has reached a staggering $704 million valuation for the entire company.

Doodles raised most of its funding through a forward-thinking venture capital firm. Seven Seven Six, 10T Holdings, Acrew Capital, FTX Ventures and others provide additional support. All the while, it shows the investment potential that pervades the NFT industry.

We are pleased to announce that Doodles has raised $54 million at a $704 million valuation.https://t.co/XCTphrxpR9@sevensevensix @10TFund @AcrewCapital @FTX_Official

Doodles (@doodles) September 13, 2022

Going forward, the mighty Doodles will accomplish this by using the funds to expand its business in all directions and explore potential opportunities in the fields of music, culture and entertainment. In addition, we will hire 19 additional staff to advance our dream. So, those who love all things pastel can keep an eye out for the upcoming ‘Jobs’ section of the Doodles website.

In response to the announcement, sales activities in Japan doodle collection It jumped 700% and the lowest price followed, currently sitting at a healthy 7.15 ETH. All in all, it marks an important turning point in the development of Doodles, one of the top collections in the NFT space.

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*All investment/financial opinions expressed by NFT Plaza are based on the personal research and experience of the site moderators and are intended for educational material only. , the product should be thoroughly investigated.

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