2021 saw the sporadic growth of non-fungible tokens (NFTs). One of the NFTs that contributed to this is Doodles NFT. Much like other NFTs, Doodles are a set of limited edition artworks that depict different in-game characters.
To learn all there is to know about Doodles NFTs, read on!
Doodles NFTs, launched in October 2021, are a limited set of 10,000 NFTs. Each Doodle comes with exciting visual traits designed by serial animator Burnt Toast.
Aside from algorithmically-generated Doodles, hand-drawn ones include skellys, cats, aliens, apes, and mascots. The NFT collection also features dozens of rare heads, costumes, and colourways of the artist’s palette.
The Doodles ecosystem is expansive, with a collection of Space Doodles which traverse this universe. Note that each spacecraft used by a Doodle is also designed by Burnt Toast.
All Doodle NFT holders can claim their Space Doodle for free. Each Space Doodle comes with its special appearance and capacities. Special attributes like ‘bladder management’ and ‘piloting ability’ reveal a Doodle’s capabilities in Space.
Doodles in Space
As we pointed out earlier, Doodle holders can also obtain Space Doodle NFTs. Space Doodles NFTs are travellers who readily traverse the Doodle universe to find adventure and fun. It is the team’s initial step towards opening the project to collectors with its fleet of eye-catching spacecraft.
Each Space Doodle traverses its environment and is able to move across the ever-expanding galaxy of the Doodle universe. However, a Space Doodle’s ability to perform largely depends on its unique appearance and competencies within its spacecraft.
How Many Doodles Are Available for Purchase
The first public sale of the Doodles NFT collection was done on October 17, 2021, and each Doodle went for 0.123 ETH (then $400 a pop). At the moment, all Doodle NFTs have been sold on the Doodle website. However, you can easily purchase from secondary NFT marketplaces like OpenSea, Nifty Gateway, and Looksrare.
There are still 10,000 listed Doodle NFTs up for sale but their prices are astronomically higher than when they initially launched. The most valuable Doodle NFT sold for a record sum of $860,000. This shows the growing influence of Doodle NFTs in the crypto space.
Perks of Owning Doodle NFTs
All NFT owners enjoy certain privileges. According to the Doodle NFT’s website, all Doodle NFT holders can claim free Space Doodles. This invariably gives them wings and allows them to better explore the Doodle galaxy.
Also, collectors would be able to gain exclusive access to the latest product offerings, merchandise, and events from the team.
Most importantly, Doodle owners are part of a community and are empowered to vote on community-driven features by just holding a Doodle NFT. This way, they are better able to influence the project’s roadmap and subsequent product launches.
Doodle NFT holders will work in collaboration with the project’s founders in rolling out features through the Doodlebank. Doodlebank, a web3-focused financial institution, is the community’s treasury. The institution is currently worth above $5 million and is used to fund new experiences for community members.
Where to Buy Doodles
Doodle NFTs can only be purchased on NFT marketplaces like OpenSea, Nifty Gateway, and LooksRare. At the moment, the prices are significantly higher than its first public sale. The floor price is presently set at 23.99 ETH, roughly $70,626, based on the current ETH price.
Despite its high value, there are currently 4,900 Doodle NFT owners, pointing to the asset’s growing popularity among NFT enthusiasts. The project’s colour theme and doodled-like innocence easily spring up the fondness of early childhood memories. This fondness has aided its success in a highly competitive landscape.
Conclusion: The Future of Doodles
Doodle NFTs have taken the NFT space by storm, and we believe the project will continue to thrive. Given its limited set of collections and its strong community, Doodle NFTs may become the next big thing in the NFT sub-sector.