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$COOKIE sets to launch on June 13th after securing $5.5M from VCs such as Animoca Brands, Spartan Group, and Mapleblock Capital

$COOKIE, the governance and utility token from the Cookie Ecosystem, is set to launch on June 13th, 2024, at 10 am UTC. The $COOKIE listing comes after the token has secured $5.5M funding, including a $3.3M seed and strategic rounds, which saw investments from top Web3 VCs such as Animoca Brands, Spartan Group, Mapleblock Capital, and Castrum Capital.

The Cookie DAO, a collective of individuals supporting MarketingFi, announced that the $COOKIE token will launch on June 13th, 2024, at 10 am UTC. $COOKIE is the first MarketingFi token with a multi-airdrops utility across Cookie3 platforms and an increasing demand mechanism linked to AI data credits redeemable with $COOKIE only.

$COOKIE Launches with a Strong List of Seed, Strategic, and Angel Investors

The $COOKIE launch news comes together with an announcement of successful Seed and Strategic rounds $COOKIE has conducted, collecting $0.5 and $2.8M, respectively. The Seed round $COOKIE investors comprised Web3’s top VCs, including Spartan Group, Baboon VC, GSR, Hartmann Capital, and Poolside.

Animoca Brands led the $2.5M strategic round, which included other strategic investors such as Mapleblock Capital, Castrum Capital, Founderheads, Unreal Capital, Oddiyana Ventures, ChainGPT Labs, SkyVision Capital (SVC), New Tribe Capital, Undefined Capital, and Kangaroo Capital.

$COOKIEs: ChainGPT Pad and Polkastarter IDOs

$COOKIE has raised $5.5M in total, with a $800K round open to the public through IDOs conducted on Polkastarter and ChainGPT Pad. The Polkastarter IDO registration is now closed, and ChainGPT Pad IDO registrations will open on June 5th, 2024. The IDOs will take place on June 12th and 11th, respectively.

The $COOKIE token has several unique utilities within the Cookie Ecosystem – an ecosystem independently developed by both (i) Cookie3 Project creators and (ii) the community gathered around the solution – Cookie DAO. In addition to governance and staking utilities, $COOKIE garners several unique utilities related to the Cookie3 technology and platforms. The Cookie Ecosystem has allowed the $COOKIE token to issue endless airdrops to its stakes from projects using the Cookie3 platforms. This utility stems directly from the agreement between the Cookie DAO and Cookie3, which allows Cookie3 to give a proportion of tokens gathered from Cookie3 Airdrop Shield, Cookie3 Affiliate, and Cookie3 Score to the Cookie DAO, which then airdrops the tokens to $COOKIE stakers who express interest and conduct specific activities to support in these projects. Furthermore, $COOKIE will become a native in-platform token exchangeable for AI data credits within the Cookie Ecosystem, which, with the rising need for AI analytics on Web3 data, coils create a naturally growing demand for $COOKIE.

About Cookie DAO

The Cookie DAO is a collective of MarketingFi enthusiasts aiming to bolster decentralization through innovative blockchain solutions. It created the $COOKIE token and injected it into the Cookie3 ecosystem to drive the MarketingFi ethos forward through governance and tokenized support. Anyone can become a member of the Cookie DAO. The sole requirement is to believe in MarketingFi and want to drive the MarketingFi economy forward. Cookie DAO members are can hold and stake $COOKIE for access to potential additional rewards and voting rights on matters relating to the Cookie DAO’s treasury and future.

For more information, users can visit cookie.community

About Cookie3

Together with Cookie DAO, Cookie3 constitutes the Cookie Ecosystem. Cookie3 pioneers MarketingFi with an AI Data Layer— a transparent marketing economy unlocking value for Web3 users, creators, and businesses, with over 300 dapps such as Kyber Swap, Mantle, Polkastarter, Linea, GameSwift, eesee, and Insomnia Labs already using Cookie3 technology. To realize its mission, Cookie3 is building a set of MarketingFi platforms and Web3 AI marketing solutions that connect projects with the right audiences, creating profitable opportunities for both. Cookie3 uses off- and on-chain analytics alongside a Web3 AI data layer to ensure only valuable user and project interactions benefit from the MarketingFi ecosystem. In an economy where lines between business owners, investors, and consumers are blurred, effective marketing becomes collaborative, and value flows freely between all stakeholders. With its unique set of tools, Cookie3 is positioned to become the Google (NASDAQ:GOOGL) Analytics of Web3.

For more information, users can visit cookie3.com

ContactCookie DAOcontact@cookie.community

This article was originally published on Chainwire


Source: Cryptocurrency - investing.com

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