With their remarkable NFT collection, Doodles are releasing a companion collection: Space Doodles NFT, on February 28th. Similar to what Bored Ape Yacht Club did with their Mutant Apes, Space Doodles will be available to all Doodles holders free of charge.
About Space Doodles NFT
Releasing to all current Space Doodles holders, of which there are around 6,000, it’s exciting news. The launch of the upcoming NFT collection was announced by a founder of Doodles, @poopie_cat on Twitter
Moreover, according to the founder, the Space Doodles “Upgrade without dilution” plan goes like this:
- The doodle Bot smart contract will wrap your Doodle NFT and generate a spacecraft
- Doodle Bot’s vault will hold your original Doodle NFT. This allows unwrap and re-wrap your NFTs as many times as you’d like.
- Your wallet will receive your wrapped Space Doodle NFT
In detail, an article by Ross Wardrop states, “The tech they’re using is wrapped NFTs, which they claim to have improved. These wrapped NFTs were originally brought in by CryptoKitties during the Doodles’ founder’s time at CK.” Using wrapped NFTs means you can either have a regular Doodle, or Space Doodle in your wallet any time.
Most important, this wrapped Doodle means you can either have a regular Doodle, or Space Doodle in your wallet at any time. This could add some scarcity, therefore potentially increasing the value of both collections.
To summarise, using innovative tech, such as wrapped NFTs, and Doodles’ track record, Space Doodles has great potential.
All investment/financial opinions expressed by NFTevening.com are not recommendations.
This article is educational material.
As always, make your own research prior to making any kind of investment.
