Doodles Goes Solana: DOOD Token Airdrop & DreamNet Unveiled!

Doodles, the beloved NFT project known for its colorful creatives and community-minded approach, is getting ready to level up. It is launching its new DOOD token on the Solana ecosystem! This strategic move includes a 200m $SYN airdrop for existing NFT holders and the public release of DreamNet, a decentralized AI protocol. Token ATH! Token ATH! is here to help unpack what this means for the Doodles brand and the NFT space at large.

Overview of Doodles and the DOOD Token

This section will cover the fundamentals of Doodles and the planned utility of the DOOD token in its ecosystem.

Introduction to Doodles

Doodles, arguably one of the most popular NFT projects is a colorful, whimsical collection of one-of-a-kind characters. Since then, it has cultivated a rich and dynamic community. Because of this, it has become one of the most recognizable NFT brands. Doodles mission is to create a universally inclusive and creatively expressive metaverse. It’s grown from the digital art space into music, experiences and now, decentralized AI. With this move to Solana, the project is entering a new chapter. By introducing the DOOD token, the new leadership is leaning into the wind with both feet.

Purpose of the DOOD Token

The DOOD token is meant to be the lifeblood of the Doodles ecosystem, especially inside the recently announced DreamNet. DreamNet is a decentralized AI protocol used to shape co-creative storytelling. The DOOD token fuels various activities within DreamNet, including:

Creating and interacting with AI agents
Building and populating persistent story environments called "Places"
Incentivizing creative contributions through contests and rewards

The DOOD token gives power back to the Doodles community. It asks its members to play a direct role in creating the Doodles universe, building a deep level of stakeholdership and cooperation.

Tokenomics of DOOD

Here’s why understanding DOOD’s tokenomics is key to understanding its potential impact on the Doodles ecosystem. This section takes a closer look at the supply and distribution of the token, and how it will be used in many different ways within DreamNet.

Supply and Distribution

The total supply of DOOD is limited to 10 billion tokens. Whether by design or not, this distribution strategy prioritizes community empowerment. Specifically, 68% of the tokens are given to the community via direct airdrops, incentive programs and ecosystem funding.

The airdrop launched on May 9th and will be distributed over a period of 77 days. It has been a fundamental part of our distribution plan. Most importantly, it directly rewards existing Doodles NFT holders. It hopes to bring in new users from the Solana ecosystem through its “New Blood” allocation.

Airdrop to Doodles NFT Holders: 30%
New Blood Community: 13%
Ecosystem Fund: Approximately 25%
Team, Advisors, Future Reserves, and Liquidity Provisioning: 32%

The DOOD token has a few main utilities within the DreamNet ecosystem. It serves as the primary currency for various activities, including:

Utility and Use Cases

Doodles weaves the DOOD token deep into its operating fabric. This model creates a self-perpetuating environment that motivates creators to add to, and further develop, user-created Doodles universe.

Agent Token Creation: Users must lock DOOD to create Agent Tokens, which represent characters in the Doodles universe.
Place Creation: Creating a "Place," or story environment, requires locking DOOD.
Interactions with AI: DOOD is used to pay for updates, training, and interactions with AI agents using DreamNet's tools.
Incentivizing Creativity: DOOD will be used to reward users for participating in "Swarm Events," contests, and other creative activities.

In this context, DreamNet propels Doodles’ long-term pivot. It bravely treads in the waters of decentralized AI and collaborative storytelling. Join us as we dive into the key highlights of this protocol and how it can help improve and expand the Doodles ecosystem.

Decentralized AI Protocol

DreamNet’s central mission is to formalize this decentralized, AI-augmented process of storytelling. More broadly, it aims to create a central repository for plotlines, characters, and settings, allowing for collaborative worldbuilding. Key features of DreamNet include:

Features of the AI Protocol

DreamNet leverages the power of AI to enhance human creativity. It allows them to build on the others’ concepts, creating deep and layered stories—and even poetically braided stories—together.

Agent Tokens: These represent AI-powered characters that can interact with the Doodles universe.
Places: These are persistent, on-chain story environments where agents can interact and stories can unfold.
AI Tooling: DreamNet provides tools for training, updating, and interacting with AI agents.
Economic Incentives: The DOOD token is used to incentivize creative contributions and reward active participation in the ecosystem.

The integration of DreamNet offers several potential benefits for the Doodles ecosystem:

Benefits for the Doodles Ecosystem

Doodles furthers decentralized AI and collaborative storytelling. This further positions the company as a leader of innovation and evolution within the NFT space.

Enhanced Community Engagement: DreamNet provides new avenues for community members to participate in the Doodles universe.
Increased Creativity: The AI-powered tools can help users generate new ideas and explore different creative possibilities.
New Revenue Streams: The DOOD token can create new economic opportunities for users who contribute to the ecosystem.
Scalability: DreamNet's decentralized structure can help Doodles scale its intellectual property and expand its reach.

The launch of DOOD and DreamNet is poised to significantly impact the Doodles community, offering both new opportunities and potential challenges. Here’s a look at some of the improvements made for users and the upcoming advancements in the ecosystem.

Impact on the Doodles Community

The DOOD token and DreamNet offer several enhancements for Doodles users:

Enhancements for Users

In doing so, the project gives users the agency to become active participants in building the Doodles universe. This method not only fortifies the community, but it creates a more dynamic and exciting innovation ecosystem.

Increased Ownership: The DOOD token gives users a greater sense of ownership over the Doodles universe.
New Creative Outlets: DreamNet provides tools and platforms for users to express their creativity and contribute to the Doodles narrative.
Economic Incentives: Users can earn DOOD tokens by participating in creative activities and contributing to the ecosystem.
Community Building: DreamNet fosters collaboration and community building through shared storytelling experiences.

Doodles has very lofty plans for ongoing development of DreamNet as well as the DOOD token. Some potential future developments include:

Future Developments and Roadmap

With its focus on community ownership, decentralized AI, and creative collaboration, Doodles is positioning itself for continued growth and innovation in the ever-evolving NFT landscape.

Expanding AI Capabilities: Enhancing the AI tooling within DreamNet to provide users with more sophisticated creative tools.
Integrating with Other Platforms: Exploring partnerships with other platforms to expand the reach of the Doodles universe.
Developing New Use Cases for DOOD: Exploring new ways to integrate the DOOD token into the Doodles ecosystem.
Community Governance: Implementing a community governance system to allow DOOD holders to participate in decision-making processes.

This strategic change aside, Doodles’ decision to launch DOOD on Solana is a tremendously aggressive move that seeks to redefine the speculative project’s future. Beyond the hype, as with any successful project, it all comes down to how well the community receives DreamNet, and how useful the DOOD token will be. Only time will tell if this gamble pays off, but one thing is certain: Doodles is not afraid to push boundaries and explore new frontiers.

The strategic shift of Doodles launching DOOD on Solana is a bold move that could reshape the project's future. The success hinges on how well the community embraces DreamNet and the utility of the DOOD token. Only time will tell if this gamble pays off, but one thing is certain: Doodles is not afraid to push boundaries and explore new frontiers.