9 months ago
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Casio and Doodles to release NFT
NFT (non-fungible token) maker “Doodles” announced on the 1st that it will collaborate with Casio Computer’s shock-resistant watch “G-SHOCK.”
something is coming 
doodles x @gshock_us collab
dropping soon 
pic.twitter.com/qcDz328OQ7
— doodles (@doodles) January 31, 2024
Doodles and G-SHOCK are reportedly planning to release an NFT collection in both physical and digital formats next week, although details are sparse at this time.
Doodles is an NFT-related startup launched in 2021 by Jordan Castro, who led the original NFT collection “CryptoKitties.” He offers his Ethereum (ETH)-based collection of 10,000 pieces.
NFTs include cat, alien, and monkey characters, as well as “rare heads, costumes, and color patterns.” In addition to these original collections, they have also released a collection called “Space Doodles” that depicts spaceships.
Space Doodle #2382 bought for 2.50 ETH (5,756.93 USD) on Opensea #SpaceDoodles #Doodles https://t.co/SYwCFmgRP5 pic.twitter.com/Zpw2rCOwAa
— Doodles Sales Bot 
(@DoodlesSalesBot) January 30, 2024
On the major NFT market OpenSea, the lowest price for the original Doodles collection is currently 2.198 ETH (approximately 760,000 yen at the time of writing), and the highest price is 888 ETH (approximately 300 million yen).
In 2022, Doodles raised 7.8 billion yen in a round led by 776 Management, a venture capital company run by Alexis Ohanian, co-founder of message board giant Reddit.
connection: NFT company “Doodles” raises 7.8 billion yen from 776 and FTX
In addition, in December last year, Casio Computer released an NFT that represents the future shock-resistant structure of “G-SHOCK” in virtual space. A limited number of 2,000 pieces were offered at a price of 0.1 ETH in Ethereum.
connection: Casio will sell a limited number of 2000 NFT “VIRTUAL G-SHOCK” from December 16th
What is NFT?
Abbreviation for “Non-Fungible Token”, a digital token that is non-fungible and has unique value. It is not only used for exchanging “digital items” in blockchain games, but also for proof of ownership of expensive works of art, and is an innovative tool for rights holders (creators) in the “secondary distribution market,” which was difficult to achieve through second-hand sales. It is also attracting attention as a means of giving back.
Virtual currency glossary
Participatory platform “Inkubator”
In July 2023, Doodles launched Inkubator, a platform that allows owners of Doodles NFTs to participate in various real-world and virtual world events.
It also offers an artist-in-residence program to create GIFs and limited edition art, as well as a grant program for business ideas, events, and more.
In January, Austin Hurwitz, who is in charge of strategy and business development at Doodles, explained the significance of Inkubator as follows:explanationdid.
Inkubator is a platform for Doodles NFT holders to launch their own brands, products, services, and events, contributing significantly to the Doodles community and Web3 as a whole.
It’s a model that promises to democratize content creation and brand building.
“Our success depends on our ability to develop, empower and reward brand evangelists.”
connection: Major NFT electronic market OpenSea may be acquired
The post “Physical x Digital” G-SHOCK and Doodles collaboration appeared first on Our Bitcoin News.
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