McDonalds will soon feature cartoon animation-style characters on its McCafe coffee cups for a limited time.
Thats not particularly odd.
But in this case, the animated characters are from Doodles, the web3 project.
Promotional art for new limited edition McDonald’s cups featuring Doodles NFT art.© McDonald’s / Doodles
When NFTs went mainstream in the winter of 2021-22, everyone wanted to get in on the hype.
But it didnt last long.
Fallons Bored Apes promotion in Jan. 2022 was the beginning of the end.
By Sept. 2022, trading volume for NFTs hadfallen 97%.
Why would Doodles need to do that?
Because the crypto and NFT communities are absolutely swamped with scammers who pose as legitimate operations.
Will McDonalds and Doodles actually be able to give NFTs a serious revival?
Nobody can say for sure.
News from the future, delivered to your present.
Justice Department Says It Will Pull Back on Prosecuting Crypto Fraud
What could go wrong?