PRESS RELEASE
British Virgin Islands, June 5th, 2024, Chainwire - Cookie Ecosystem's governance and utility token, $COOKIE, is scheduled to launch on June 13th, 2024, at 10 am UTC. The launch follows $COOKIE's successful funding of $5.5M, which includes a $3.3M seed round and strategic investments from top Web3 VCs like Animoca Brands, Spartan Group, Mapleblock Capital, and Castrum Capital.
The Cookie DAO, a collective supporting MarketingFi, announced that the $COOKIE token will be launched 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 only with $COOKIE.
$COOKIE Launches with Strong Investor Support
The launch of $COOKIE coincides with the successful completion of its Seed and Strategic rounds, raising $0.5M and $2.8M, respectively. The Seed round attracted investments from top Web3 VCs such as Spartan Group, Baboon VC, GSR, Hartmann Capital, and Poolside. Leading the $2.5M strategic round was Animoca Brands, joined by strategic investors like Mapleblock Capital, Castrum Capital, Founderheads, and others.
Vijay Garg, the founding partner at Mapleblock Capital, commented, "The Cookie Ecosystem provides a one-stop solution for efficient marketing at a sustainable budget, benefiting both businesses and influencers. We are delighted to have investors and backers who share our vision and want to contribute to building a true MarketingFi ecosystem."
$COOKIE has also received investments from renowned Web3 Angel investors, including Miko Matsumura of Gumi Cryptos Capital, Delroy Fong of Amber Group, Lavenjer Yeung of SevenX Ventures, Tal Cohen of Kraken, and others.
The fully decentralized organization, Cookie DAO, issued an official statement, saying, "We believe that marketing budgets should be given to users rather than advertising giants. By involving users in the project, we harness the power of word-of-mouth marketing. We are honored to see so many investors share our vision and join us in building a true MarketingFi ecosystem."
$COOKIE's ChainGPT Pad and Polkastarter IDOs
$COOKIE has raised a total of $5.5M, with a $800K round open to the public through IDOs on Polkastarter and ChainGPT Pad. The Polkastarter IDO registration is now closed, while ChainGPT Pad IDO registrations will open on June 5th, 2024. The IDOs are scheduled for June 12th and 11th, respectively.
Joao Leite, the managing partner at Polkastarter, said, "The $COOKIE IDO Allowlist on Polkastarter received immense interest from a highly engaged community. We're excited to witness the growth of this project and its community."
Ilan Rakhmanov, CEO and co-founder of ChainGPT and ChainGPT Pad, said, "As the Cookie Ecosystem accelerator, we have been working closely with both the Cookie3 and the Cookie DAO teams. The professionalism and ideas behind the $COOKIE token have exceeded our expectations. We are looking forward to the $COOKIE IDOs and its listing, as well as the collaborative and inclusive MarketingFi ecosystem that $COOKIE will pave the way for."
The Cookie Ecosystem: $COOKIE, Cookie DAO, and Cookie3
The $COOKIE token offers unique utilities within the Cookie Ecosystem, which was independently developed by the Cookie3 Project creators and the Cookie DAO community. In addition to governance and staking utilities, $COOKIE provides several unique utilities related to the Cookie3 technology and platforms. The Cookie Ecosystem allows $COOKIE to issue endless airdrops to its stakeholders from projects using the Cookie3 platforms. This utility is made possible through the agreement between the Cookie DAO and Cookie3, enabling Cookie3 to allocate a proportion of tokens from Cookie3 Airdrop Shield, Cookie3 Affiliate, and Cookie3 Score to the Cookie DAO, which then airdrops them to $COOKIE stakers who actively support these projects. Furthermore, $COOKIE will become a native in-platform token exchangeable for AI data credits within the Cookie Ecosystem, creating a growing demand for $COOKIE as the need for AI analytics on Web3 data increases.
Filip Wielanier, co-founder and CEO of Cookie3, said, "With $COOKIE, the Cookie3 ecosystem becomes complete, allowing the community to be an equal part of MarketingFi. I am excited about $COOKIE and the Cookie DAO helping us realize our mission of redistributing marketing value in Web3 and beyond among users, businesses, and creators."
The $COOKIE listing on June 13th will be the first opportunity for the general public to purchase $COOKIE and gain access to governance, staking, and endless airdrops within the Cookie Ecosystem. Apart from centralized exchanges, users will be able to buy $COOKIE directly from DEXs embedded in the cookie.community platform, which will also host the $COOKIE staking portal.
About Cookie DAO
Cookie DAO is a collective of MarketingFi enthusiasts aiming to promote decentralization through innovative blockchain solutions. It created the $COOKIE token and injected it into the Cookie3 ecosystem to advance the MarketingFi ethos through governance and tokenized support. Anyone who believes in MarketingFi and wants to contribute to the MarketingFi economy can become a member of the Cookie DAO. Cookie DAO members can hold and stake $COOKIE to access potential additional rewards and voting rights concerning the Cookie DAO's treasury and future.
For more information, visit cookie.community
About Cookie3
Cookie3, together with Cookie DAO, forms the Cookie Ecosystem. Cookie3 pioneers MarketingFi with an AI Data Layer - a transparent marketing economy that unlocks value for Web3 users, creators, and businesses. Over 300 dapps, including Kyber Swap, Mantle, Polkastarter, Linea, GameSwift, eesee, and Insomnia Labs, already utilize Cookie3 technology. Cookie3 is building a set of MarketingFi platforms and Web3 AI marketing solutions that connect projects with the right audiences, creating profitable opportunities for all stakeholders. By leveraging off- and on-chain analytics alongside a Web3 AI data layer, Cookie3 ensures that only valuable user and project interactions benefit from the MarketingFi ecosystem. With its unique set of tools, Cookie3 is poised to become the Google Analytics of Web3.
For more information, visit cookie3.com
Contact
Cookie DAO
[email protected]
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