Thread by @nfthooks

Is @doodles the biggestblue chip rug?

1/ 🚨 #DoodlesNFT drama unfolds as the project's direction takes an unexpected turn.

I'm diving into the controversy surrounding its $704M valuation, recent statements by the founder, and community reactions. Thread👇

2/ #Doodles has reportedly attracted 250k ETH and $54M in VC funding.

But now, @poopie, the founder, claims that they're "no longer an NFT project."

It's like Ferrari announcing they're switching to construction. What's going on? 🤔

3/ With such a sudden change, it's no surprise that many investors are feeling betrayed.

Questions about the founding team's intentions and credibility are now more relevant than ever.

Are they just a group of greedy kids manipulating the market? 💰

4/ Despite this, @poopie insists on transforming #Doodles into a leading media franchise.

But can we really trust them to achieve that goal?

And what about the silent investors backing the project? 🤐

@alexisohanian any thoughts on this?

5/ Many Doodle holders we chatted seems to agree with the skeptics, expressing their disillusionment with the project.

There are certainly many unanswered questions and shady dealings in this situation. 🔍

6/ Is @poopie cracking under pressure?

Trust us, CT can be brutally painful , nevertheless your community is what made you here, don't dis them and let the VC money get to your head

Many in the community are feeling the sting of this unexpected turn of events. 💔

7/ As we continue to explore this, one thing is clear.

VCs invested in @doodles have to come out and say something, at a minimum Poopie need to apologize to the community.

You don't want to alienate your holders bro. 🤯

8/ We invite you to share your thoughts on the situation.
And don't forget to follow @nfthooks and retweet the first tweet in this thread for more updates.

#NFTdrama #DoodlesNFT