British Virgin Islands, June 4th, 2024—$COOKIE, the governance and utility token introduced by the Cookie Ecosystem, is primed for release on June 13th, 2024, at 10 am UTC. The launch follows a successful funding round of $5.5 million, including a seed investment of $3.3 million from top Web3 VCs like Animoca Brands, Spartan Group, Mapleblock Capital, and Castrum Capital.

The Cookie DAO, an alliance supporting MarketingFi, revealed the upcoming debut of the $COOKIE token set for June 13th, 2024, at 10 am UTC. Noteworthy for being the first MarketingFi token of its kind, $COOKIE offers a multi-airdrops utility across Cookie3 platforms, integrating a demand mechanism linked to AI data credits exclusively redeemable with $COOKIE.

$COOKIE Garners Strong Backing from Investors

The news of $COOKIE’s launch coincides with successful Seed and Strategic rounds with contributions totaling $0.5 million and $2.8 million, respectively. The Seed round attracted investments from prominent VCs such as Spartan Group, Baboon VC, GSR, Hartmann Capital, and Poolside.

Leading the $2.5 million strategic round, Animoca Brands spearheaded a group of strategic investors including Mapleblock Capital, Castrum Capital, Founderheads, Unreal Capital, Oddiyana Ventures, ChainGPT Labs, SkyVision Capital (SVC), New Tribe Capital, Undefined Capital, and Kangaroo Capital.

$COOKIE further secured investments from prestigious Web3 Angel investors like Miko Matsumura of Gumi Cryptos Capital, Delroy Fong of Amber Group, Lavenjer Yeung of SevenX Ventures, Tal Cohen of Kraken, and numerous others.

Insights from Industry Leaders

Vijay Garg, the founding partner at Mapleblock Capital, expressed, "Businesses require efficient marketing within a sustainable budget, while influencers seek an engaged audience for their content. The Cookie Ecosystem offers a comprehensive solution where users, creators, and businesses collaborate and thrive together."

The Cookie DAO, as a fully decentralized entity, declared, "We initiated the Cookie DAO with the belief that marketing budgets should empower users rather than advertising behemoths. By involving users in the project, we leverage the most impactful marketing method—word of mouth. We are delighted to witness the alignment of investors and supporters with our vision, eager to contribute to the growth of a genuine MarketingFi ecosystem."

$COOKIE IDO Events

$COOKIE’s total funding stands at $5.5 million, with an $800,000 round made available to the public through Initial DEX Offerings (IDOs) on Polkastarter and ChainGPT Pad. While the Polkastarter IDO registration phase has ended, registrations for the ChainGPT Pad IDO will commence on June 5th, 2024. The IDO events are scheduled for June 12th and 11th, respectively.

Joao Leite, managing partner at Polkastarter, stated, "The $COOKIE IDO Allowlist on Polkastarter attracted significant interest from a highly engaged community. We are thrilled to witness the project's development alongside its community."

Ilan Rakhmanov, CEO and co-founder of ChainGPT and ChainGPT Pad, remarked, "As the accelerator of the Cookie Ecosystem, we have collaborated closely with both the Cookie3 and Cookie DAO teams in preparation for the listing. The professionalism and innovation behind the $COOKIE token have surpassed our expectations. We eagerly anticipate the $COOKIE IDOs and subsequent listing, especially envisioning Web3 marketing evolving into a collaborative and inclusive MarketingFi ecosystem led by $COOKIE."

Exploring the Cookie Ecosystem

The $COOKIE token offers a range of distinctive utilities within the Cookie Ecosystem. Created independently by the Cookie3 Project developers and the community supporting the Cookie DAO, $COOKIE boasts various functionalities related to the Cookie3 technology and platforms. The Cookie Ecosystem permits endless airdrops of $COOKIE to its stakeholders from projects utilizing Cookie3 platforms, reflecting the partnership between the Cookie DAO and Cookie3. This collaboration enables Cookie3 to allocate a portion of tokens acquired from Cookie3 Airdrop Shield, Cookie3 Affiliate, and Cookie3 Score to the Cookie DAO, which subsequently distributes these tokens to $COOKIE holders participating in specified activities to support these projects.

Additionally, $COOKIE will serve as a native in-platform token exchangeable for AI data credits within the Cookie Ecosystem. With the escalating demand for AI analytics within Web3 data, a natural surge in the demand for $COOKIE is expected.

Filip Wielanier, co-founder and CEO of Cookie3, shared, "We are honored to advance on the journey of listing $COOKIE and enthusiastic about our collaboration with the Cookie DAO. With $COOKIE, the Cookie3 ecosystem achieves fruition, enabling the community to actively contribute to MarketingFi. I anticipate $COOKIE and the Cookie DAO playing pivotal roles in materializing our mission of circulating marketing value in Web3 and beyond among users, businesses, and creators."

The public launch of $COOKIE on June 13th presents an opportunity for individuals to acquire $COOKIE and access governance rights, staking benefits, and a continuous stream of airdrops within the Cookie Ecosystem. Alongside traditional exchanges, users can purchase $COOKIE directly from decentralized exchanges accessible via the cookie.community platform, which will feature the $COOKIE staking interface.

About Cookie DAO

As a collective of MarketingFi enthusiasts, the Cookie DAO aims to promote decentralization through innovative blockchain solutions. It introduced the $COOKIE token into the Cookie3 ecosystem to drive the MarketingFi principles forward via governance and tokenized support. Membership in the Cookie DAO is open to anyone who embraces MarketingFi and desires to contribute to the growth of the MarketingFi economy. Members can hold and stake $COOKIE, granting them potential rewards and voting rights concerning the Cookie DAO's treasury and future endeavors.

About Cookie3

Collaborating with Cookie DAO, Cookie3 forms the core of the Cookie Ecosystem. Spearheading MarketingFi with an AI Data Layer, Cookie3 pioneers 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 leverage the Cookie3 technology. By constructing MarketingFi platforms and Web3 AI marketing solutions, Cookie3 connects projects with their target audience, creating profitable opportunities for all stakeholders. Through a blend of off- and on-chain analytics and a Web3 AI data layer, Cookie3 ensures that only valuable user and project interactions benefit from the MarketingFi ecosystem. In an economy where distinctions between business owners, investors, and consumers blur, collaborative marketing becomes paramount, allowing value to circulate freely among all participants. Equipped with a unique toolkit, Cookie3 is poised to become the go-to platform for Web3 analytics.

For more details, visit cookie3.com.