<p dir="ltr">Doodles has grown into one of the most prominent and well-liked NFT initiatives in just a few months. The bright line-drawn character collection has practically swept the globe and ranks high on the list of top PFP (profile-picture) collections not only in terms of popularity but also sales volume. Let’s clarify its speciality with <a href="https://www.builder.news/" alt="Builder.news. " title="Builder.news. " target="_blank" rel="" class="">Builder.news.</a>&nbsp;</p><h2>Everything about Doodles NFT</h2><h3>What is a Doodles NFT collection?</h3><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11ed397a393e0a86a8e6023f659fee92.jpg" alt="doodles nft collection" title="doodles nft collection" width="600" height="400" class="lykafe0"></p><p dir="ltr">Doodles is a generative NFT collection with a pastel color palette and 10,000 distinct <a href="https://www.builder.news/crypto-insights/why-is-there-such-a-buzz-about-pfp-nfts" alt="Why is there such a buzz about PFP NFTs?" title="Why is there such a buzz about PFP NFTs?" target="_blank" rel="" class="">PFP-ready drawings</a>. The out-of-the-box pictures, displayed in a variety of bright colors, were an instant popularity with NFT aficionados, with a current floor price of 8,89 ETH and market cap of 88,9K ETH. The images are inspired by everyday circumstances, and each one conveys a particular mood.&nbsp;</p><p dir="ltr">Similar to a range of well-known predecessors such as<a href="https://www.builder.news/crypto-insights/cryptopunks-nft" alt="CryptoPunks NFT - Will the glory that started in 2021 last forever?" title="CryptoPunks NFT - Will the glory that started in 2021 last forever?" target="_blank" rel="" class=""> CryptoPunks</a>, Bored Apes, and Cool Cats, Doodles collection is also created by randomly mixing and combining distinct features. The Doodles’s distinct feature is that its ecosystem gathers humans, cats, pickles, apes, sentient flames, skeletons, aliens, and more. Doodles NFTs, like virtually other generative avatar collections, exist in varied degrees of rarity, which is calculated by their features. Although the Doodles team has never officially introduced a list of which features are the rarest and most common, skeletons, cats, aliens, apes, and mascots continue to command the highest prices.</p><h3>What is Doodlebank?</h3><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11ed397a393e1149a8e6023f659fee92.jpg" alt="doodlebank" title="doodlebank" width="600" height="332" class="lykafe1"></p><p dir="ltr">The Doodlebank is the community treasury for the <strong>Doodles NFT collection</strong>. With almost $5 million, the treasury intends to sponsor community-voted items and activities. In essence, the community operates similarly to a DAO, or Decentralized Autonomous Organization. In other words, each Doodle NFT counts as one vote when it comes to DoodleBank choices.</p><p dir="ltr">"Owning a Doodle allows you to vote on community-driven features, goods, and events," according to the project's website. Furthermore, this creates a "collaborative roadmap to be chosen by the project founders and Doodle holders via the Doodlebank."</p><h3>Doodles NFT roadmap</h3><p dir="ltr">Doodles went on sale to the public on October 17, 2021, and all of the NFTs in the collection sold in record time. Doodles has been marketed as a community-driven initiative since its beginnings, and it has shown to be such since its launch. The Doodles team has set up a forum where members of the Doodles community may share their ideas for the project's future plan.</p><p dir="ltr">The community wallet will be financed with 420 ETH from the initial sale as well as a percentage of any secondary sales. These monies will assist authorize community-driven project projects and pay artists, moderators, and marketers in order to grow the Doodles brand. Doodlebank has only released two community-initiated projects since the inception of Doodles.</p><p dir="ltr"><em><strong>Noodles: </strong></em>It is Doodles' single profile picture (PFP) project. Noodles art is a variation on Doodles with community-inspired twists and turns. The artwork depicts how it began as a joke between two NFT collectors and evolved into the current noodle-loving community. The collection includes 5,555 Noodles, with the first revenues going to the Doodlebank Treasury. The roadmap also includes plans for an unique instant ramen noodles brand to launch in the second and third quarters of 2022.</p><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11ed397a393e15b5a8e6023f659fee92.jpg" alt="Noodles NFT" title="Noodles NFT" width="600" height="171" class="lykafe2"></p><p dir="ltr"><em><strong>Pukenza: </strong></em>It is the <strong>Doodles community</strong>'s second authorized project, and it is supported by the Doodlebank. Pukenza is a generative art project inspired by Tyler Hobb's Fidenza that uses the color palette of Doodles. According to the approved snapshot proposal, it cost the Doodlebank 4.2 ETH and was distributed as a free airdrop to Doodles holders.</p><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11ed397a393e1a24a8e6023f659fee92.jpg" alt="Pukenza" title="Pukenza" width="600" height="600" class="lykafe3"></p><p dir="ltr"><em><strong>Space Doodles:</strong></em> One of the <strong>Doodles' founders</strong>, @poopie_cat, announced the introduction of Space Doodles on Twitter. It will only be available to existing Doodle users when it launches in February. The wrapped NFT technology initially shown in the CryptoKitties collection will be used in Space Doodles. Wrapped NFTs have the ability to raise the value of any collection by introducing scarcity, as only one version may exist in your wallet at any given moment.</p><h3>Benefits of Doodles holders</h3><p dir="ltr">A Doodles NFT holder gets to help coordinate the Doodles community treasury. Holders have the ability to vote on numerous activities and initiatives that benefit the community. There is no set roadmap, and it evolves in response to community feedback.&nbsp;</p><p dir="ltr">Doodle holders can also attend special gatherings. Doodles already hosted a celebration for the holders, and more are planned in the future. As an investor, this allows them to network with other community investors while attending Doodles exclusive events.</p><h2>Doodles NFT price</h2><p dir="ltr">Following an exclusive pre-sale, Doodles sold out in record time during the public sale, each valued at 0.123 ETH. The attractiveness of the art and the founder's resume drew a lot of attention, forcing the gas price to rise above 1 ETH. The total selling volume reached a stunning $24.1 million as of October 18, 2021, opening the path for potentially higher-priced secondary sales. A day following the public release, the average selling price of one token was about $5.7k. Although the world has witnessed a downtrend in the maret, <strong>Doodles floor price</strong> is also 8,89 ETH as of writing and is in top 10 NFT in Coingecko.</p><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11ed397a393e1e11a8e6023f659fee92.jpg" alt="doodles price" title="doodles price" width="600" height="485" class="lykafe4"><br></p><h2>How to buy Doodles NFT</h2><p dir="ltr">At the time of writing, the lowest Doodle available for purchase costs roughly 8,89 ETH. While this is not a little sum, if you are interested in investing in the project, follow the steps how to buy Doodles:</p><ul><li><p dir="ltr">Step 1 - Acquire ETH: You may simply obtain ETH by creating an account on a trading site such as Coinbase, which you can then fund with bank transfers, credit or debit cards.</p></li><li><p dir="ltr">Step 2 - Prepare wallet: You will need a digital wallet such as MetaMask to purchase your preferred Doodles NFT from NFT marketplaces.</p></li><li><p dir="ltr">Step 3 - Fund wallet: Log in to your wallet account, copy wallet address, and deposit the necessary amount of ETH into it from the exchange.</p></li><li><p dir="ltr">Step 4 - Buy Doodles NFT: Connect your wallet to a marketplace such as <a href="https://www.builder.news/crypto-insights/how-to-use-opensea" alt="An ultimate guide on how to use OpenSea NFT marketplace" title="An ultimate guide on how to use OpenSea NFT marketplace" target="_blank" rel="" class="">Opensea </a>or <a href="https://www.builder.news/crypto-insights/how-to-use-rarible-nft-marketplace-WF9Lx" alt="How to use Rarible NFT marketplace" title="How to use Rarible NFT marketplace" target="_blank" rel="" class="">Rarible</a>. Then buying NFTs are listed in these platforms.</p></li></ul><h2>The future of Doodles NFT</h2><p dir="ltr">Although the <strong>Doodles project</strong> is pretty young, we cannot deny that the project has achieved a lot of success. Currently, the collection contains around 141,000 ETH in secondary assets. Therefore, Doodles has a long way to go before being considered a real competitor for the PFP NFT title now held by the<a href="https://www.builder.news/crypto-insights/legendary-nft-collection-bored-ape-yacht-club" alt="Bored Ape Yacht Club - The legendary NFT collection of all time " title="Bored Ape Yacht Club - The legendary NFT collection of all time " target="_blank" rel="" class=""> Bored Ape Yacht Club</a>. And the Doodles Web3 entertainment, which is known as an impressive creative firm, promises to create some of the upcoming events for the Doodles community.</p><h3>Doodles NFT fundraise</h3><p dir="ltr">It was revealed in the summer of 2022 that 776 Management, a venture capital firm founded by Reddit co-founder Alexis Ohanian, will lead the first round of investment for Doodles. Although the amount of funding was not disclosed, the agreement appeared to be solid given that 776 Co-Founder Katelin Holloway would be joining the Doodles board of directors. And it was true. Doodles' initial investment round was a smashing success, according to a September 2022 statement. Aside from 776, Doodles received $54 million in capital from 10T Holdings, Acrew Capital, and FTX Ventures. According to the September release, Holloway believes that Doodles now has the capabilities to build the next digital frontier of how we consume and create content, unlocking the true potential of NFTs.</p><h3>Doodles 2</h3><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11ed397a393e2221a8e6023f659fee92.jpg" alt="Doodles 2" title="Doodles 2" width="600" height="363" class="lykafe5"></p><p>Doodles released insights about their plans to expand the Doodles ecosystem at this year's NFT.NYC conference. To begin, Pharrell Williams has joined the initiative as its new Chief Brand Officer. Second, it will release a whole new NFT collection called Doodles 2.</p><p dir="ltr">Doodles 2 is the project's attempt to broaden the appeal of Doodles. True, the team has suggested that the upcoming collection may contain millions of NFTs. Furthermore, holders will be able to personalize their NFTs. To put it another way, consumers may get a basic Doodles 2 NFT and some basic qualities, then customize their NFT with new garments and accessories.</p><p dir="ltr">Furthermore, the Doodles 2 collection will not be on the Ethereum blockchain in order to make it more accessible and gas-free. The team has said that the new NFTs will most likely be on Layer 1 blockchains or Ethereum Layer 2 scaling solutions for the time being.</p><h3>Doodles records</h3><p dir="ltr">Doodles Records is another new area of the Doodles brand that Doodles fans can look forward to. While nothing is known about the rumored record label, Doodles Records: Volume 1 has been revealed to contain original music produced by Pharrell, hand-drawn album art by main Doodles artist Scott Martin, and limited edition Doodles 2 wearables. The first volume is a collaboration with Columbia Records and will include music that Doodles 2 owners may overlay into their new animated NFTs.</p><h3>Dooplicator</h3><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11ed397a393e2670a8e6023f659fee92.jpg" alt="Dooplicator" title="Dooplicator" width="600" height="262" class="lykafe6"></p><p dir="ltr">The Dooplicator, one of the most intriguing aspects of the Doodles ecology, is said to have "perpetual value beyond Doodles 2." Doodles Co-Founder Keast describes these NFTs as a "super-powered gadget" that will allow collectors to transfer the rarest original Doodles qualities into Doodles 2. He describes them as a "dealer's choice" when it comes to dealing with the larger Doodles ecosystem.</p><div class="pr-block-special"><strong>Disclaimer:</strong><br>This article is intended for and only to be used for reference purposes only. No such information provided constitutes advice or a recommendation that any investment or trading strategy is suitable for any specific name.</div>

How did Doodles NFT collection steal everyone's hearts? Find answer in this article!

Doodles NFT - The pastel collection stole everyone’s hearts