South by Southwest proved to be a defining moment for the ‘Doodles’ NFT collection. Indeed, the attractive Doodles brand was on full display at the festival in Austin, Texas.
SXSW, an annual conference and festival for creators, was dominated by Web3 and NFTs this year. Doodles showcased the immersive potential of NFT art during their interactive exhibit. Furthermore, a burgeoning community of passionate Doodles holders was out in full force as the co-founders of the project revealed their intentions.
At this NFT party, the Doodles team showed why they’re one of the most exciting prospects in the NFT space.
So, as the stars align for the Doodles team, let’s take a closer look at this promising project.
What are Doodles NFTs?
Doodles NFT is a collection of 10,000 NFTs, with hundreds of visual traits, designed by Canadian artist ‘Burnt Toast’, whose real name is Scott Martin. Moreover, Doodles is a generative PFP (profile picture) collection, much like Bored Ape Yacht Club and Cryptopunks – though not yet on the same level of popularity.
Scott Martin, alongside Doodles co-founders Evan Keast and Jordan Castro, are experienced players in the NFT game. Indeed, Martin had long since established his NFT brand, while Keast and Castro were behind the NFT collection ‘Cryptokitties’, before launching Doodles in October 2021. Hence, these three, well-respected men comprise the Doodles founding team.
As for the art, the Doodles collection features eye-catching pastel designs with aliens, humans, cats, pickles, lollipops, rainbow puke, and much more. Therefore, this collection offers the NFT community a wide spectrum of diversity and the playful designs are resonating.
The numbers also speak volumes for the Doodles collection. The current trading volume on Ethereum sits at 95.9k ETH, which is just shy of $300 million.
Why buy a Doodles NFT?
First of all, the floor price for a Doodles NFT has sky-rocketed from its mint price of 0.123 ETH to 14.82 ETH at the time of writing. This price may be off-putting for would-be investors. However, this NFT project offers much value to its community.
For instance, one Doodles NFT comprises one vote in what is essentially a community-run DAO (Decentralized Autonomous Organization). With your vote, you can influence a great deal in how the Doodles project develops and spends its ‘Doodlebank’ – the Doodles Community Treasury (over $5 million).
That’s right, Doodles community votes will influence the roadmap for this exciting NFT project. In fact, they already have, with two collections having been born out of a community vote on their ‘Doodlebank-blessed Derivatives’ initiative.
Moreover, their most recent Space Doodles NFT collection showcases their thirst for innovation and NFT utility. They offered all Doodle holders the opportunity to ‘wrap’ their current NFT for a Space Doodle from the new collection. Essentially, you swap your Doodles NFT for a Space Doodles NFT made from a collection of over 30 different designs by Burnt Toast. This is just one of many community initiatives we can expect from the Doodles NFT project creators.
A good indicator of potential is when celebrities start endorsing an NFT project. Indeed, Doodles has already garnered the attention of some massive names. DJ Steve Aoki, one of the most famous DJs on the planet, halted a live performance to showcase one of his new Doodles NFTs. If that wasn’t enough, Australian DJ Timmy Trumpet recently revealed a Doodles NFT in his NFT portfolio, alongside Bore Ape Yacht Club, Mutant Ape Yacht Club, and Deadfellaz NFTs. Hence, it’s safe to say that Doodles are highly-regarded and riding a wave of momentum.
A bright future for Doodles
Doodles are an exciting, community-driven NFT project with a very promising future. The SXSW 2022 festival allowed them to exhibit their flair for immersive, live events and that was just a taste of what’s to come. Furthermore, they command a following of almost 300k on Twitter and their fans are passionate about the brand.
When you parlay their ability to create impressive live experiences with their innovative animations and digital art, it’s easy to see why the Doodles community is growing stronger by the day.