Since the public sale 7 days ago, the Doodles NFT Project has been running up some impressive numbers. In fact, some NFT Influencers are branding it as a strong blue-chip contender in the NFT Space. The Profile Picture Project features 10,000 Doodle NFTs which were swept away within the first hour of the Drop.
Impressively, the project has already pulled in a lifetime volume of 12,200 ETH or almost $50 Million on OpenSea. In addition, the floor price has climbed to 1.889 ETH versus the mint price of 0.123. This represents 15x growth in just one week which is a feat given that the market has been on a slump. The NFTs are also spread across 4,000 owners which represent fair distribution backed by an impressive volume.
How Did the Doodles NFT Project Gain its Momentum?
At its core, Doodles is an Art Project with no crazy utility imputed to the NFTs. The Doodles come in a joyful range of colors, traits and sizes. As one NFT holder puts it, it features lovely art made of simple lines. Moreover, each is made up of over a hundred exciting traits of faces, hair, hats, body and backgrounds. The simplicity and bright backgrounds actually give off a big Cool Cats vibe. No wonder, the Cool Cats Community was one of the first ones to ape into the project.
As of press time, the project has around 47,000 followers on Twitter and 11,000 members on Discord. The main force that gave the project the momentum it needs is the “Super Team” of individuals behind it. The individuals listed as Doodles Founders have been in the NFT space for quite some time and have worked on big-name projects.
Evan Keast aka Tulip in the NFT Community has worked with NFT Market leader Dapper Labs and OG Collectible CryptoKitties. In addition, the artist and creative power behind the project is the Canadian-based artist, illustrator, designer animator and muralist Scott Martin aka Burnt Toast. He has worked with notable companies like Whatsapp, Google and Snapchat. Lastly, completing the list is Jordan Castro aka Poopy Cats. He has been leading CryptoKitties Project at Dapper Labs.
Such an all-star team is giving the project an extra boost because NFT Collectors and enthusiasts believe that they won’t tarnish their names for a so-so project. As days go by, the project is generating more traction and a lot more people are looking into the project so we can safely assume that more volume would flow in.
What’s Next?
The team is working towards creating a DAO. This means that every Doodles NFT holder can vote on what will happen next on the project. For example, they would have a say whether the project should create utility tokens, purchase virtual lands, staking or video games. Whatever it is, the DAO would have to garner the interest of the community and secure the necessary votes before pursuing it.
In addition, holding a Doodle allows you to participate in coordinating the Doodles Community Treasury. This Treasury will be seeded with 420 ETH after the public sale ends! Holders can vote for experiences, activations and campaigns that benefit the Doodles project.
The Discord channel is now open to the public so you can join now to learn more about the project! You can also check out their website and Twitter account.
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This article is educational material.
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