The creator of NFT project ‘Meebits’ [Acquired by YugaLabs] kaigani, has been hired by Doodles as a new advisor for its community bank project, ‘The DoodleBank’. Kai was one of the two executive producers of the first NFT documentary, “New Here.” The other was Dan Sickles.
DoodleBank is the name of the community bank for Doodles. At the moment, it has 2,940 ETH, which is about $4.7M. The fund’s first money came from the sale of 420 ETH at the start of the project. Also, half of the project’s secondary royalties go to the DoodleBank treasury.
Doodle owners can use the DoodleBank to vote on ideas that are being hotly debated. These ideas come from a champion, and the core team then makes them better.
The plans then move on to the last step. Here are the 15 final proposals you can look at right now. The subsidiary NFT project is something else that the Treasury came up with. Also, the DoodleBank made it possible for Noodles to get the minigame Chase the Rainbow.
Kai is excited to come up with new ideas for the hugely popular Doodles NFT brand. He has already worked on several successful NFT businesses. He has worked in many different fields for more than 25 years, including media and entertainment (Sony, Netflix), different DAOs, and making products. Kai has been a well-known thought leader in the NFT business since 2017. He is also making Media3, which will be the center of Web3 and Media and Entertainment. Sotheby’s was the place where his first Art Block piece was sold. He is also a generative artist who has made a lot of drops and worked with other people on Art Blocks.
He wants to help the team update the DoodleBank plan to give the Doodles ecosystem “a clearer vision, strategic direction, and roadmap.” Kai and the Doodle team have become close since 2017. In his collection, he also has 10 Doodles. In the Twitter thread where he announced that he would be an adviser to the Doodles project, he wrote,
I’ve always believed in their potential to become one of the leading entertainment franchises, appealing to kids and family, to emerge from web3, media3.” Kai also says that to get the most out of the DoodleBank money, he will ask the Doodles community for feedback in the coming weeks.
According to multiple sources, Amazon has been pitching its digital collectibles concept to some of the industry’s biggest names. These are said to include layer-1 blockchains, blockchain-based game startups and developers, and digital asset exchanges. According to two sources, blockchain-based games and other NFT applications that work with games are a major focus.
One example in the works is getting Amazon customers to play crypto games in exchange for free NFTs. The plan is still in the works. The e-commerce behemoth appears to have set April as the date for revealing its massive crypto plans to the world. Amazon’s “entry into the space” is “a big one” for crypto for a variety of reasons.
“We knew it was possible,” the source declared. “But now it seems like it’s really happening. That’s going to affect the existing players in the space — if they execute and do this right and are smart about it.”
Based one of the sources, the push is being led by Amazon executives who have spoken with at least one family office in the last few months. The same source said that the plan at the time was to do at least one NFT drop with an artist. Amazon’s Web3 strategy appears to have changed significantly since then.
In terms of personnel, it was not immediately clear who is in charge of Amazon’s NFT initiative. The platform’s details, which would include some NFT gaming projects, are still being worked out, but two sources say it will be run by Amazon itself, rather than Amazon Web Services, the company’s popular web-hosting service (AWS).
A fifth source also stated that Amazon has recently investigated a number of other Web3 projects. According to one source, Amazon would most likely need to hire a number of employees from within the company to work on both the platform and its other crypto projects.
Paul Ugbede Godwin is a Crypto Writer & Analyst at EmageNewsDao and MEXC Global, He holds a B.A degree in History and International Relations from Benue State University. [email protected]
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