This week, the major NFT collection Doodles will drop a new free-to-claim NFT, the Dooplicator. Doodles announced in a tweet that all Doodles NFT holders will be able to claim their special new collectible on Thursday, May 12.
Doodles dropping Dooplicator NFTs after weeks of teasing
Doodles tweeted the news of the Dooplicator NFTs last week on May 6th. Indeed it’s been quite the banner couple of weeks for one of the most beloved NFT projects ever.
Back on May 6th, Doodles revealed that it had enlisted former Billboard President Julian Holguin to become its new CEO. Then, Doodles immediately followed up with a reference to the next phase of the project. In particular, it mentioned, “Groundbreaking projects, transformative partnerships and a full reveal of our vision & roadmap” in the tweet.
Could the new NFT drop lead to licensed derivatives?
Clearly, the Dooplicator NFTs are an important part of Doodles’ next phase. To that end, Doodles describe the Dooplicators as “a functional piece of doodle machinery with extraordinary powers”.
While Doodles is yet to give any more specifics on how the NFTs will work, we can make a pretty good guess. Obviously, both the name and the gif attached to the Tweet suggest that these NFTs will facilitate Doodles holders being able to clone their NFTs in some way.
A popular theory on Doodles’ future plans involved Doodles selling licensed derivatives on behalf of holders. Perhaps this will be the role that Dooplicators play in the project ecosystem. Significantly, some holders and spectators commented with concerns that such a move could dilute the original collection. Nevertheless, the reaction to the announcement was highly positive overall.
Doodles is one of a few NFT PFP projects carrying the market
The Dooplicator news is yet another feather in the cap of what is one of the NFT space’s favorite projects. As a matter of fact, Doodles is on a shortlist of NFT PFP collections that have actually gained significant value over time.
While the entire NFT market is going through a major rough patch, Doodles, along with some other “blue-chip” NFT projects, has mostly weathered the storm. To illustrate, data from NFT Price Floor shows that the Doodles floor price has been on a major uptrend since the project launched at the end of last year. In addition, the Doodles floor may have dipped over the past seven days but it still sits at an impressive 19 ETH.
All things considered, it appears that the Dooplicator NFT drop from Doodles is just the tip of the iceberg when it comes to the NFT project’s ambitious 2022 roadmap. For example, we’re likely to see some big news still to come out of Doodles’ partnership with Shopify.
This one-of-a-kind NFT collection continues to push the envelope and experiment. For that reason, the Dooplicator drop will certainly be one to watch.