Introduction
Doodles, the popular NFT brand, is expanding its ecosystem with the launch of DOOD, a new memecoin on the Solana blockchain. With a total supply of 10 billion tokens, 30% of DOOD will be allocated to the community, reinforcing Doodles' commitment to decentralization. The token will later be bridged to Base Layer 2, Coinbase's Ethereum-scaling solution.
Token Distribution Breakdown
Here’s how DOOD’s 10 billion supply will be distributed:
| Allocation | Percentage | Purpose |
|---|---|---|
| Community | 30% | Rewards and engagement |
| Ecosystem | 25% | Project development fund |
| Team | 17% | Core contributors |
| New Blood | 13% | Incentives for new participants |
| Liquidity | 10% | Market stability |
| Company | 5% | Operational reserves |
The NFT-Tokenization Trend
Doodles follows Pudgy Penguins, which launched its PENGU token in December 2024. Both projects signal a shift among NFT brands toward creating tokenized ecosystems—moving beyond static collectibles to dynamic, utility-driven platforms.
👉 Explore how Solana fuels memecoin innovation
Why Solana?
- Low transaction fees: Ideal for community-driven tokenomics.
- High-speed transactions: Supports seamless bridging to Base L2.
Doodles’ Evolution: Beyond NFTs
Originally an NFT collection, Doodles has diversified into:
- Animation: Collaborations with artists and studios.
- Music: Original soundtracks and virtual concerts.
- IRL Partnerships: McDonald’s campaigns and merch.
Trading Volume: $2.46M (February 2–9, 2024), per The Block data.
FAQs
1. When will DOOD launch?
The exact date is TBA, but Solana’s infrastructure ensures swift deployment.
2. How can I acquire DOOD?
Details will be shared via Doodles’ official channels. Expect airdrops for NFT holders.
3. Why bridge to Base L2?
Base offers Ethereum compatibility and Coinbase’s user base, enhancing accessibility.
👉 Learn why memecoins thrive on Layer 2 networks
Conclusion
Doodles’ DOOD token exemplifies the convergence of NFTs and DeFi, leveraging Solana’s efficiency and Base’s scalability. As NFT brands pivot toward tokenized utility, Doodles positions itself as a pioneer in this new frontier.