Doodles has just closed a funding round of $54.5M, for a $700M valuation, led by Ohanian (Co-Founder of Reddit)!!⁠ ⁠ Doodles is one of the most popular NFT collections. Recently known for adding Pharrell Williams as chief brand officer, the Doodles team has been working on growing during the bear market. ⁠ ⁠ The raise comes as Doodles announces its move towards becoming a global entertainment brand. They hope to set the standards for what blockchain technology can do in the entertainment space. ⁠ ⁠ In preparation, the CEO Julian Holguin, the former president of Billboard, will help the team build out their IP.⁠ ⁠ Doodles launched in October 2021 with 10,000 generative NFT. It is the brainchild of co-founders Evan Keast, Jordan Castro, and Scott Martin. Both Keast and Castro were also key players in developing Cryptokitties (Dapper Labs). ⁠ ⁠ ➡️ What are your thoughts about this valuation?⁠ ⁠ #Koll3ctiff #Kollectiff #metaverse #web3 #nfts #nftsstories #nftart #nftcommunity #nftcollector