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Doodles NFT collection has become a popular collection since its launch in October 2021. The virtual collectibles were created by the same brains behind CryptoKitties project. Doodles include 10,000 algorithmically generated colorful images of animated characters with distinct traits. The team recently posted a Tweet to celebrate the collection’s 1 year anniversary.
What an adventure this has been. We’ve built together. We’ve made lifelong friendships. And we've even gone to space together. Doodles, every day you show the world what true community looks like.
This is only the beginning. pic.twitter.com/eFPFY6Szjr
Creators of Doodles NFT closed the discord server after reaching 1,000 owners to increase its exclusivity prominently. But reopened it due to mixed reaction of the community. The collection has garnered a lot of attention from celebrities and influencers like Steve Aoki, Gary Vee, and more.
Had to stop my show to celebrate my excitement on my doodle! Nfts make me feel like a kid again 🎁 @doodles pic.twitter.com/hJU0rE3EpT
The collection offers more than the majority collections in the sector which serves as images representing ownership to the users. Doodles is a community that allows their holders to take part in their governance of the ecosystem including DoodleDAO, DoodleBank and more. 1 Doodle NFT represents 1 vote for the user.
Owners can use the tokens to sell and generate revenue streams through marketplaces. Apart from this, they can merchandise their respective Doodles upto 100K USD but needs to collaborate with the creators for official licensing if the amount exceeds. Recently, they announced their mini-golf event on Twitter. It opens up the chance for the holders to meet each other in real life.
Save the date: DoodlePutt, a brand-new live experience, is coming to Miami on December 2 & 3. pic.twitter.com/EYMTgEabY1
The tokens are currently held by 5,359 owners according to OpenSea out of which 5% are listed for sale on the marketplace. The NFT market generated 4.3 Billion USD in 2021, but has lost the majority of their trade volume following the recent market downturn. Crypto winter is expected to stay for a while which will affect the NFT space in the long run too.
Despite the plunge, a study shows that the sector is anticipated to grow at a CAGR of over 20% and may become a 19.57 Billion USD industry by 2028. With the continuous development in the metaverse sector and potential integration of NFTs in digital space might be a plus point for non-fungible tokens in future.
NFTs emerged as a digital art persisting on a blockchain but have evolved to become much more than artistic images. The tokens have come up with a variety of use cases in recent times including supply chains, music, logistics and more. Non-fungible tokens are most often used in the gaming sector, rendering the games as play to earn.
According to a research, one out of three people on the globe are willing to quit their jobs to enter the play to earn space.
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