Rapper and entrepreneur Pharrell Williams is diving headlong into web3.
The Doodles NFT project announced that he’s coming on board as its chief brand officer at an event held during the NFT.NYC conference on June 22.
“We’re going to build from the core community outward and bring Doodles to new heights, new levels,” the entertainer said via video at the holders-only event.
The project is planning a foray into music NFTs, with Pharrell slated to produce an album titled “Doodles Records: Volume 1”, which will be sold as NFTs but also made available for streaming on various platforms.
Doodles also unveiled plans for a new NFT collection at the event. CEO Julian Holguin, who joined the project in May after an impressive tenure at Billboard, said that the new collection will be far larger than the original collection of 10,000 avatars. It will be launched on a yet to be specified “more accessible” blockchain.
Doodles 2… coming soon. https://t.co/8gw3OeeQfs pic.twitter.com/c33BB0GLqP
— doodles (@doodles) June 22, 2022
The party didn’t stop there. Holguin went on to disclose that Doodles has secured an undisclosed amount of funding from Reddit co-founder Alexis Ohanian’s VC firm, Seven Seven Six.
Investors cheered the news, bidding the floor price of the collection up to 14.89 ETH ($16,000). That’s a steep rise from a low of 8.58 ETH hit just ten days ago, according to data from CoinGecko.
Pharrell appears to have the Midas touch when it comes to NFTs.
Last month, he launched the GODA project along with a diverse team of artists, NFT collectors and advisors. The project aims to be “the trusted and curated source for leading contemporary artists looking to explore digital as a new medium,” according to its website.
One thousand GODA mint passes were made available for sale at 1 ETH apiece and sold out quickly. Whitelisted minters made up more than 80% of sales, and the remaining few NFTs were snapped up in seconds. Pass holders are guaranteed access to future drops and can expect exclusive access to the project’s artists.
Over the past week, the floor price of the collection has more than doubled from roughly 5 ETH to 11 ETH.
As ETH continues to trade around the $1,000 mark, NFT sales volumes remain tepid at best, with just $220M traded in the week ending June 20.
Major NFT collections saw an uptick in prices this week after last week’s bloodbath.
Bored Ape Yacht Club – Down 4% this week to 88.5 ETH
CryptoPunks – Up 29% to 63 ETH on the back of Christies’ Noah Davis taking up the mantle of Brand Lead.
Otherdeeds – Up 22% to 2.5 ETH
Moonbirds – Up 20% to 19 ETH
Clone X – Up 14% to 10.5 ETH
Azuki – Up 33% to 12 ETH
Read the original post on The Defiant
Related Quotes
Coinciding with the launch of Polygon ID, Bentley Motors announced the September launch of a carbon-neutral NFT drop on Polygon to deliver support.
The Federal Bureau of Investigation (FBI) and multiple cybersecurity companies have started investigating the US$100 million hack on Harmony Protocol’s Horizon cross-chain bridge. See related article: Axie Infinity hack proceeds continue to be laundered despite US sanctions Fast facts Harmony Protocol announced it was attacked on Friday morning Asia time, adding it had alerted exchanges […]
The Indian government has brought in some much-needed clarity—and cheer—in the matter of taxing digital token transactions. The union budget for 2022-23 had declared a 30% tax on income from cryptocurrencies from the new financial year and a 1% TDS on all crypto transactions starting July 1. On June 22, however, the central board of direct taxes (CBDT) clarified (pdf) how firms could comply with the revised tax.
Cryptoys, a platform aiming to "reimagine what a toy actually is," has raised $23 million in funding from Andreessen Horowitz (a16z), Dapper Labs and multinational toy manufacturer Mattel.
The co-founder and CEO of Solana, Anatoly Yakovenko, had a Steve Jobs moment when he stood in front of an auditorium in New York City and announced the launch of Saga, an Android web3-focused smartphone. “This is something that I fundamentally believe the industry needs to do,” Yakovenko said. People will pull out their laptops in the middle of dates so they don’t miss an NFT minting opportunity, Yakovenko joked.
The pair also dropped an animated music video directed by James Larese
If you meet someone who dabbles in non-fungible tokens, chances are good that person trades crypto as well. Both crypto and NFTs are based on the same software and technology, both entered the public…
Gucci is buying into its first decentralized autonomous organization (DAO) via a new partnership with non-fungible token (NFT) marketplace SuperRare. "The Hash" hosts discuss Gucci's continued bets in Web3 and the outlook for luxury brands entering the crypto space.
The impostor, dubbed “Doop Snogg,” was swarmed by fans in New York City.
A downturn in cryptocurrency prices and crash of one stablecoin has led some investors to try to recover their losses in U.S. court. Here is how cryptocurrency litigation has fared so far and the challenges investors may face. Companies that created cryptocurrencies, exchanges that facilitated their sale, and individuals who promoted them have all been sued.
Bitcoin traded at $20,400 in the afternoon, while some altcoins surged on positive news and improved sentiment.
(Bloomberg) — As surging inflation and the end of global easy-money policies send Indian stocks spiraling down from all-time highs, three charts show the pain is unlikely to end anytime soon.Most Read from BloombergSupreme Court Overturns Roe, Transforming Abortion-Rights FightJuul’s Vaping Products Are Ordered Off the Market in the USStocks Surge as Bullard, Data Ease Recession Fears: Markets WrapThese Are the World’s Most Liveable Cities in 2022Elon Musk Says New Tesla Plants Are ‘Money Furna
Bored & Hungry is a magnet for fans of Bored Ape NFTs and other crypto projects. But with prices cratering, the Long Beach burger joint no longer lets customers use crypto as payment.
(Bloomberg) — Hackers looted about $100 million from a so-called cryptocurrency bridge, again exposing a key vulnerability in the digital-asset ecosystem. Most Read from BloombergSupreme Court Overturns Roe, Transforming Abortion-Rights FightStocks Eye Best Week in a Month as Sentiment Calms: Markets WrapJuul’s Vaping Products Are Ordered Off the Market in the USThese Are the World’s Most Liveable Cities in 2022‘Coast to Coast’ Housing Correction Is Coming, Says Moody’s Chief EconomistBlockchai
The Bored Ape-inspired visual was directed by James Larese.
Per usual, the internet has a lot of opinions about Brad Pitt's GQ cover. Pitt sat down with the magazine to promote his new film, "Bullet Train."
The actor and influencer allegedly spoke on phone for 90 minutes
SEAL Team is expanding its ranks, adding Raffi Barsoumian (Legends of Tomorrow) as a new series regular for Season 6 of the Paramount+ drama. The actor will play Omar, “a Senior Chief with 15 years of experience as a SEAL,” our sister site Deadline reports. “The son of Syrian immigrants, Omar has a deep understanding […]
COMMENT: Royal portraits are usually a disaster, but Jamie Coreth’s painting of the Duke and Duchess makes an intriguing statement about the future of the monarchy, writes Jessie Thompson
Burry’s not bullish. But he’s beginning to nibble.


Write A Comment