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Cryptocurrency News Articles
$COOKIE Sets to Launch on June 13th After Securing $5.5M from VCs Such as Animoca Brands, Spartan Group, and Mapleblock Capital
Jun 04, 2024 at 09:09 pm
$COOKIE, the governance and utility token from the Cookie Ecosystem, is set to launch on June 13th, 2024, at 10 am UTC.
British Virgin Islands, British Virgin Islands, 4th June, Chainwire
British Virgin Islands, British Virgin Islands, 4th June, Chainwire
The governance and utility token from the Cookie Ecosystem, $COOKIE, is set to launch on 13th June, 2024 at 10 am UTC. This follows $COOKIE securing $5.5M funding, including a $3.3M seed and strategic rounds, which saw investments from top Web3 VCs.
The Cookie DAO, a collective of individuals supporting MarketingFi, announced that the $COOKIE token will launch on 13th June, 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.
“Businesses need efficient marketing at a sustainable budget, and influencers need an audience to interact with their posts and content. The Cookie Ecosystem provides a one-stop solution to address these issues through a platform where users, creators, and businesses share synergies and grow together,” commented Vijay Garg, the founding partner at Mapleblock Capital.
$COOKIE has also received investment from top Web3 Angel investors, including, but not limited to Miko Matsumura of Gumi Cryptos Capital, Delroy Fong of Amber Group, Lavenjer Yeung of SevenX Ventures, Tal Cohen of Kraken, Denys Zhadanov, Tomer Nuni, Tasso Lago, Elliot Hagemeijer, Diego Borgo, Ivan on Tech, Michael Wrubel, Bycoinhunter, CryptoBirb, and S4ammy.eth.
The Cookie DAO, which is a fully decentralized organization, gave the following official statement: “We started the Cookie DAO believing that marketing budgets can be given to users instead of advertising giants. By gaining a stake in the project, users help promote it through the most effective marketing method – word of mouth. We are honored to see so many investors and backers share our vision and be eager to jump on board to help us build a true MarketingFi ecosystem.”
$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 5th June, 2024. The IDOs will take place on 12th and 11th June, respectively.
“The $COOKIE IDO Allowlist on Polkastarter saw immense interest from a highly engaged community. We’re excited to have witnessed the growth of this project and its community!” said Joao Leite, the managing partner at Polkastarter. “We’re strong believers in their token capturing and redistributing marketing value between many stakeholders. Feels great to be part of this journey with $COOKIE and the Cookie DAO.”
“As the Cookie Ecosystem accelerator, we have been working closely with both the Cookie3 and the Cookie DAO teams in the run-up to the listing. The professionalism and ideas behind the $COOKIE token have exceeded our expectations,” said Ilan Rakhmanov, CEO and co-founder of ChainGPT and ChainGPT Pad. “We are looking forward to the $COOKIE IDOs and its listing, but even more, I am personally excited to see how Web3 marketing will truly become the collaborative and inclusive MarketingFi ecosystem with $COOKIE paving the way.”
The Cookie Ecosystem: $COOKIE, Cookie DAO, and Cookie3
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, Cookie
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