Doodles NFT Frenzy Ahead of DOOD Token Airdrop
The digital collectible landscape is abuzz with anticipation as Doodles, a popular NFT project, prepares for the launch of its highly-anticipated DOOD token and its associated airdrop. In the 24 hours leading up to the token generation event, Doodles NFT sales saw a dramatic surge, rising by 97% to hit $1.1 million, according to data from CryptoSlam. This surge propelled Doodles to the third spot in daily NFT sales, trailing only DMarket and Courtyard NFTs.
The recent sales surge underscores the immense excitement surrounding the DOOD token launch. The project, known for its vibrant, doodle-inspired artwork, has built a loyal following within the NFT community. The introduction of a native token is expected to further strengthen the project’s ecosystem by providing new avenues for engagement and community interaction.
Token Allocation and Community Focus
Doodles announced its plans to mint 10 billion DOOD tokens on the Solana blockchain in February 2023. Notably, a significant portion of the token supply is earmarked for community members, highlighting the project’s commitment to decentralized governance and community ownership.
- 30% allocated to the Doodles community.
- 13% allocated to the New Blood community.
- 25% designated as an ecosystem fund.
The project has also confirmed its plans to bridge to the Base blockchain, expanding its reach and potential for growth within the broader Ethereum ecosystem.
Anticipated Impact on the NFT Market
The launch of the DOOD token is expected to have a significant impact on the NFT market, potentially attracting new investors and driving further interest in the Doodles collection. The airdrop of DOOD tokens to existing Doodles NFT holders is anticipated to incentivize long-term engagement and bolster the project’s community. The integration of the DOOD token with the Doodles ecosystem opens up new possibilities for utility and governance, potentially paving the way for innovative features and functionalities.
“The DOOD token is a significant milestone for the Doodles project. It will empower our community, drive innovation within the ecosystem, and provide new avenues for growth.” – Doodles team statement
As the launch date approaches, the NFT community is closely watching the developments surrounding Doodles and the DOOD token. The project’s emphasis on community engagement and its innovative approach to tokenomics have generated substantial interest and anticipation. The upcoming token generation event promises to be a pivotal moment for Doodles, potentially shaping the project’s future and influencing the broader NFT landscape.
