Doodles

Ethereum · 2021 capital formation cohort · Explicit product focus shift (2023)

Launch window


Strong early secondary demand

Funding note

Later institutional funding reported near $50 million

Peak floor context

High teens ETH (comparative summary)

Later floor

Severely reduced · Severe decline

Structural profile

In March 2023, leadership stated the company was “no longer an NFT project.” Alongside CloneX, Doodles is a major documented product-focus exit here.

Launch date + mint details

October 2021 launch window with strong early secondary demand. Later institutional funding reported near $50 million.

Peak floor + later floor

Comparative summary: peak floor in high teens ETH; later floor severely reduced; approximate decline classified as severe. Floor prices and community activity declined sharply after the March 2023 product focus statement.

Capital raised

Institutional funding reported near $50 million (post-launch). Specific primary mint capital figures are not broken out beyond the funding note and secondary demand description.

Key events timeline

  • - Launch; strong early secondary demand.
  • Post-launch - Institutional funding reported near $50 million.
  • - Leadership stated the company was “no longer an NFT project.” Floor prices and community activity declined sharply.
  • - Independent

Continuity / delivery notes

Key note: explicit product focus shift. The March 2023 statement that the company was “no longer an NFT project” is a primary continuity marker. Doodles NFT abandoned-as-core-product framing in public leadership language coincides with severe floor reduction.

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