For the last two years, people had nothing but free time, thanks (or no thanks!) to Covid. It is during this time that the cryptocurrency market saw a boom. But, then came NFTs, or non-fungible tokens, with a blast, and pulled the limelight completely onto themselves. It is fair to say that 2022 has given NFTs an incredible start.
With many new NFT collections entering the market, only very few become a hit among buyers, and Doodles NFT is one among them.
Yes, this feature is all about Doodles NFT, everything you need to know about this NFT collection. Whether you look at this as an investment opportunity, or just to have a cool profile picture, this is all the information you need.
What is a Doodles NFT?
Doodles are a collection of 10,000 non-fungible tokens comprising hundreds of intriguing visual traits. Launched in October 2021, this is one of the very few NFT collections to have gained so much popularity in such a short period.
The Doodles NFT collection will transport you to a world of pastel rainbow characters, all of which are designed to be profile-picture-ready, by illustrator Burnt Toast. The Doodles are hand-drawn and include apes, aliens, cats, mascots, and skellys. In addition, the collection also includes different costumes, rare heads, and colorways.
All these unique illustrations are in cheerful colors, and each Doodle has its own trait. For instance, you will find one with a ‘mad’ sticky note as its face, with blue puffball hair, and yellow colored head.
Search a little further and you will also find a creation with a holographic mohawk, orange head with a mustache, and pearl piercing. You will also find more cool creations like a monkey king, a ‘cool’ pickle, a cigarette smoking popsicle, and a whole lot more.
The Doodles NFT collection is based on the Ethereum blockchain, which means you need to own some Ether (ETH), Ethereum’s cryptocurrency, to get your hands on one or more Doodles.
The collection came to an official public sale on the 17th of October, 2021. Not to mention, all the Doodles that were on sale sold out in record time.
The Team Behind Doodles NFT
The founders of Doodles NFT are Evan Keast, Scott Martin, and Jordan Castro, who use Tulip, Burnt Toast, and Poopie as their aliases in the community.
Burnt Toast (Scott Martin) is the main illustrator in the Doodles NFT team. He is a Canadian-based illustrator, animator, designer, and muralist, who has his works featured in several international campaigns and publications. Some of his prominent clients include Dropbox, Facebook, Google, and Red Bull.
Tulip (Evan Keast), before co-founding Doodles, had a background in marketing and gaming and was also one of the most sought-after NFT consultants. He also played a significant role in the success of various NFT projects at Dapper Labs, including CryptoKitties. Keast worked with other brands like NBA Top Shot, Cheeze Wizards, and Flow as well.
Poopie (Jordan Castro) has been a blockchain builder since 2013 and was also leading the CryptoKitties team at Dapper Labs.
The Doodles ecosystem, as a whole, consists of humans, apes, pickles, aliens, skeletons, popsicles, and more. It is evident that this NFT collection follows the footsteps of its predecessors in the field, like Bored Apes and CryptoPunks.
Similar to most avatar-based NFT collections, Doodles are also available in different levels of rarity based on their traits. For example, the holographic mohawk is a trait that is available in only 0.85% of all Doodle NFTs, which makes it pretty rare. As a result, these tokens can easily resell for higher amounts.
The Roadmap of Doodles NFT
Doodles, right from the start, has had a community-first approach to everything. While many similar projects advertise themselves as community-centric, the Doodles team has been implementing it since the launch of the project.
The official website of Doodles clearly states that owning a Doodle allows the buyer to vote on “community-driven features, products and events”, which makes their roadmap collaborative.
So, what is Doodles’ roadmap?
Well, there is no roadmap as such! The project’s roadmap is collaboratively created by Doodles token owners, who decide its future course of action.
Initially, the Doodle Community Treasury was seeded with 653 ETH (initially promised as 420 ETH) from the proceeds of the project’s successful initial sale.
Doodle holders, by voting on tools like Snapshot, helped with the further developments of the whole project.
One of the initial projects that were approved by Doodles holders was Noodles, a profile picture project (pfp), which generated sales of 48.9 ETH, accounting for more than $158,000.
The second proposal approved by the Doodles community was Pukenza, which again was finalized on Snapshot. This was a generative art project, which was airdropped for free for all Doodles holders.
all systems go.— doodles (@doodles) February 27, 2022
doodles are headed to space in 24 hours. 🚀 pic.twitter.com/WOU38SvQsy
Fast forward to 2022, Doodles has launched Space Doodles. Falling under the company’s “Upgrade Without Dilution” plan, these Doodles are non-dilutive, which means Doodle holders can either have their original Doodle or its equivalent Space Doodle in their wallet, and not both.
Doodles, LLC continues to focus on offering profit sharing incentives to holders, building cross-media lore, introducing new experiences for Space Doodles, and filing for legal trademarks and copyrights.
What is Different About Doodles?
As of when this feature is written, Doodles ranks among the top 50 NFTs on OpenSea, ranked by weekly volume, floor price, and other statistics.
Now, this isn’t an easy feat to achieve, considering there are hundreds, if not thousands, of NFTs on the market.
So, what is so special about Doodles that it ranks among the top NFTs? What differentiates it from other NFTs? What factors drive its constant growth?
I think we need shoes before takeoff! Created these because I love being a part of the @doodles community. What the founders @evankeast @burnttoast @poopie have built is truly special. It is maybe one of the best communities in the space and soon in space 🚀 pic.twitter.com/pejxqQ6d5b— pragmatiko.eth (she/her) (@pragmatikoo) February 17, 2022
Doodles NFT has always been community-driven. The community members or Doodle holders are allowed and welcomed to take part in the decision-making processes in every stage of the project’s development.
The Doodlebank is the outcome of this community-centered approach. It is a community-owned treasury that also works as a proposal forum, allowing Doodle holders to propose new ideas and upgrades and discuss their opinions.
harness the power of imagination pic.twitter.com/XofaKHzTbV— doodles (@doodles) February 7, 2022
Of course, the likable illustrations are another differentiating factor of the project. Representing a diverse group, with different attributes, in wonderful pastel rainbow colors, the Doodles are playful, likable, and are capable of bringing out the childlike personality in everyone.
The next undeniable factor that differentiates Doodles NFT from its competitors is the team behind it.
With their strong backgrounds in NFTs, years of experience creating unique illustrations, and leading teams in Dapper Labs – the company behind some of the most popular and successful NFT projects, like CryptoKitties, NBA Top Shot, etc., the team knows what it’s doing and how to do things right.
What Other People Are Saying About Doodles NFT?
For an NFT project to be successful, it has to be well-received by people. On that front, people have quite a lot to say about the project:
- The fact that the Doodles NFT team allocated 420 ETH for future development and events, to be decided by the community members, had a lot of positive reviews from both Doodle holders and others.
- The Doodles community is known to be one of the friendliest, as confirmed by NFT investors, people who are a part of different NFT communities. Many individuals came for the art but stayed for the community.
- The success of the project’s initial launch, securing funds for the next developments, made people feel confident about Doodles. People became curious about what the team was planning to do next.
- The style of art – unique, minimalistic, and cool, color palette, and more importantly, the cultural relevance of the illustrations had people captivated.
Space Doodle, the recent offering from Doodles, has left people confused with its ‘upgrade without dilution’ approach. While Doodle holders are showing interest, they are, however, quite confused about how to switch back and forth from their original to Space Doodle.
Also, with the floor price of Doodles now at 10.3 ETH, over $26,000 USD, (as of 11 March), people find the collection pretty expensive.
What is a Doodles NFT?
Doodles NFT is a collection of 10,000 non-fungible tokens, featuring unique illustrations of apes, pickles, humans, apes, aliens, and more. These illustrations showcase hundreds of different traits, some of which are rare.
How much is a Doodles NFT worth?
As of 11 March 2022, the floor price of Doodles NFT is 10.3 ETH (over $26,000 USD). A record-breaking sale of a Doodle NFT took place in January, when a gold ape with a crown was purchased for a whopping 296.69 ETH ($947,000 USD).
Why are Doodles NFTs so expensive?
Doodles is the latest NFT project to reach a double digit ETH floor price. The various factors that have contributed to this growth are – its community-driven approach, playful and inclusive art, and its more-than-capable team.
Who is the artist of Doodles NFT?
The Doodles NFT collection is created by Scott Martin, one of the co-founders of the project, who goes by the alias Burnt Toast.