Author: MagNFT

NFT-based animated film ‘Dullsville and the Doodleverse’ premiered at the Toronto International Film Festival on September 7 – and hopes are abound that its star-studded soundtrack will see an NFT release. Doodles, which started as a 10,000-piece NFT collection in October 2021, has made several big-name acquisitions and hires over the past few years. Pharrell Williams joined as Chief Brand Officer in June 2022, animation studio Golden Wolf was purchased in January 2023, and – importantly for this story – they announced the creation of music label Doodles Records in July 2024. What is ‘Dullsville and the Doodleverse’? ‘Dullsville and…

10,000-piece NFT collection Doodles has announced the launch of music label Doodles Records, in partnership with Sony-owned distribution company, The Orchard. For its debut EP, Doodles Records will be publishing the soundtrack for animated special Dullsville and the Doodleverse, scheduled to premiere at the Toronto International Film Festival later this year. This three-track EP will include “Not in the Store” by Coi Leray, “Can’t Hold Me Down” by Lil Wayne, Lil Yachty, and Kyle Richh, and “Doodleverse (Draw Me Closer)” by Swae Lee, Lil Yachty, and Pharrell Williams – with each track to be released with an animated music video, created…

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Popular metaverse platform The Sandbox has raised an additional $20 million USD through a convertible debt offering, securing a total valuation of $1 billion USD. Co-led by Kingsway Capital and Animoca Brands, the offering allows investors to convert their debt into shares in Bacasable Global Limited, the corporate entity of The Sandbox. These funds will help The Sandbox to further the development of its decentralized virtual world, where users can own & benefit from their user-generated content. What is The Sandbox? The Sandbox is a open-world metaverse title. Players can explore a vast open metropolis, enter various officially-licensed stores and…