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Cryptocurrency News Articles
The highly-anticipated Doodles token is nearly here.
May 07, 2025 at 11:28 pm
$DOOD is a new token launching on Solana on May 9 that serves as the foundation for both the evolving Doodles universe and a broader protocol called DreamNet.
The highly-anticipated Doodles token is nearly here.
$DOOD is a new token launching on Solana on May 9 that serves as the foundation for both the evolving Doodles universe and a broader protocol called DreamNet.
Unlike many NFT-related tokens, $DOOD isn’t just a rewards mechanism or governance tool — it’s a core part of a larger infrastructure play: structuring community-created stories as composable, AI-readable data.
The launch combines two goals. First, to activate the Doodles community with meaningful incentives tied to participation and creation. Second, to field-test DreamNet, a new framework for collaborative worldbuilding that uses tokens to track narrative contributions, organize canon, and link creative ideas together through economic systems.
Here’s how the airdrop works, what $DOOD enables, and why it matters beyond the Doodles brand.
Background
To grasp what $DOOD is ultimately designed to do, it helps to understand DreamNet — a protocol that aims to structure decentralized, AI-augmented storytelling.
DreamNet is built around the idea that while anyone can create content online, coherence and cultural impact require shared context. Today, large media companies dominate because they own both the intellectual property and the datasets to train generative systems. Their universes — Marvel, Star Wars, Harry Potter — are deeply interlinked, and their success depends on having infrastructure to unify plotlines, characters, and settings.
DreamNet proposes an alternative: a protocol that gives communities the same tools. It introduces a system where each fictional universe has its own token (called a Universe Token), and where ideas, such as characters, places, or concepts, are tokenized, tracked, and composable within a shared framework. These tokens represent contributions to a living canon that can be used by AI agents, fans, and developers to generate experiences, remix narratives, and create derivative works.
In this context, $DOOD is the first Universe Token on DreamNet. It powers every interaction inside the Doodles storyworld, from character creation to AI-generated media.
How to Claim
$DOOD will debut via an airdrop across two primary categories: existing Doodles NFT holders and members of what the team calls the “New Blood” community. The Token Generation Event (TGE) will take place on May 9.
For current Doodles collectors, the process requires pre-registration. Holders of OG Doodles and other collectibles in the ecosystem (including Doodles 2 and associated assets) can visit dood.doodles.app and connect both their Ethereum and Solana wallets. The airdrop will take place on Solana, so linking a Solana address is required to receive tokens. Pre-registration is only open for a limited time and must be completed before the token generation event (TGE).
The second group, New Blood, refers to Solana-native communities who have recently begun engaging with the Doodles ecosystem. They do not need to pre-register. Instead, they will receive $DOOD automatically when the token goes live. An eligibility checker for these Solana wallets is forthcoming, with the full list of supported collections expected before launch.
Altogether, these two cohorts will receive 43% of the total $DOOD supply — 30% allocated to Doodles holders and 13% reserved for New Blood and related onboarding efforts.
Why Solana?
The Doodles team has explained their decision to launch on Solana as one of pragmatism. Solana offers the kind of fast, low-cost transactions that make experimentation feasible, particularly when tokens are designed to support creative tooling and micro-interactions. As part of its roadmap, $DOOD will later be bridged to Base, an Ethereum Layer 2 network, enabling broader integration with existing NFT infrastructure and the Ethereum-based DreamNet protocol as it matures.
In practical terms, the Solana launch lowers friction for new users while establishing cross-chain interoperability for future development.
Distribution and Supply
The total supply of $DOOD is 10 billion tokens. Of that, 68% is earmarked for the community through a combination of direct airdrops, incentive programs, and ecosystem funding.
The breakdown is as follows:
The Ecosystem Fund is a flexible pool meant to support early activity and co-creation. That includes contests, grants, and rewards for users participating in “Swarm Events”— coordinated campaigns where agents and fans generate stories, artwork, or memes around shared prompts. This allocation is designed to ensure there’s a constant flow of experimentation and incentive for participation during the protocol’s early phase.
The remaining 32% is set aside for the team, advisors, future reserves, and liquidity provisioning, though specific vesting schedules were not included in the initial documentation.
At the time of publication, pre-market estimates placed $DOOD around a $329 million market cap ($0.0329 per token).
It’s worth noting that airdrop values can fluctuate significantly based on
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