Finally, the big picture of the long-awaited Doodles 2 NFT collection is becoming clearer. The Doodles team went into more detail about the extended collection at NFTNYC. Not only that, Doodles has successfully auctioned Genesis Box NFT, which plays a major role in the Doodles 2 ecosystem.
But what is the Doodles 2 collection? How big is it and when can I get it? Read all the answers.
All of the upcoming Doodles 2 NFT collections
The latest news from Doodle’s new NFT collection came directly from the Doodles NFT NYC event team. especially, web3 brand announces Pharrell Williams as new chief brand officer It was widely celebrated in the NFT space. Similarly, there was a major investment announcement from Alexis Ohanian’s VC company Seven Seven Six.
Of course, just as exciting was the update to the Doodles 2 collection. To explain, the original Doodle collection is limited to 10,000 NFTs. In contrast, Doodles 2 is a brand effort to bring Doodles to a large audience. In fact, the team suggests that millions of these new NFTs can exist.
Overall, the goal of the Doodles 2 collection is to be customizable and accessible. Basically, people can buy a basic Doodles NFT, choose some basic characteristics and further customize the NFT with various wearables and accessories. In addition, these wearables have a variety of shortages that add to the excitement of this mix.
Which blockchain will Doodles 2 be?
Importantly, to reach accessibility goals and facilitate gasless customization, the Doodles team has confirmed that Doodles 2 will not be included in Ethereum. The team has not yet decided which chain Doodles 2 will support, but we have confirmed that we are considering both a Layer 1 blockchain and an Ethereum Layer 2 scaling solution.
Another important point many people on NFT Twitter have pointed out is the main Dapper Labs connection to Doodles. Two founders of Doodles, Evan Keast and Jordan Castro, previously worked at Dapper Labs. The company that created both CryptoKitties and NBATopShot has its own blockchain called Flow. Therefore, many expect Doodle to appear in Flow.
Still, we don’t know until the team announces the decision. And, of course, regardless of the Doodles 2 chain, the team confirmed their commitment to continue building for the Ethereum community.
What is Genesis Box NFT
To summarize briefly, Genesis Box is an initial set of accessories used to customize Doodles 2 NFT.As The Doodles website states:“Each disposable box contains an assortment of unusual apparel and accessories.”
There are a total of 24,000 Genesis Boxes. The first 4,000 Genesis Boxes were sent directly to NFT.NYC Doodles owners and their guests. Through a partnership with Shopify, buyers can use their credit card to book a box for $ 123. Not to mention the funky “minting machine” added to the face-to-face booking experience.
Genesis Box Bucket Auction
The other 20,000 Genesis Box NFTs were sold at what Doodles called a “bucket auction.” Nate Alex (@NateAlexNFT on Twitter) explained in a thread the reason behind this move.
At the bucket auction, we were able to bid between 7:00 pm on June 29th and 7:00 pm on June 30th. The idea of a large window is to prevent the gas from being too expensive due to the fact that there are people bidding at once. Then, as Alex explained,
“At the end of the window, there is a threshold that must be cleared to accept a bid. If your bid is twice the threshold, you will receive two NFTs. If it is 1.25 times the threshold. , You can reimburse yourself for any excess that exceeds the threshold. “
In addition, anyone whose bid was below the threshold received a refund for the bid. In addition to saving large gas charges, bucket auctions have also made it possible for market demand to effectively set the mint price for Genesis Box. Obviously, the tactics worked as planned. Nate Alex later tweeted that his winning bid was only $ 2 for gas.
After all, the Doodles website reports that there were finally 4,446 successful bids for 20,000 Genesis Boxes. Conversely, 2,172 bids did not win the NFT but will be refunded. The NFT threshold price eventually reached 0.508 ETH. Interestingly, the infamous NFT collector Pranksy landed as the highest bidder and paid 290.01 ETH for a total of 570 boxes.
How does Dooplicator NFT work with Doodle 2?
To summarize the Dooplicators, these are NFT’s secondary collection released by Doodles in May.. Doodle owners can claim Dooplicators for free (+ gas) per Doodle NFT. At the time of their launch, there were few valuable details about Dooplicators. But we finally got more information about them at NFT.NYC.
The usefulness of Dooplicators is to create wearables for the Doodles 2 ecosystem. Not only can you “duplicate” the Genesis Box NFT accessories, but you can also recreate the characteristics of the original Doodle collection.
Obviously, given the customization elements of the Doodles 2 experience, the value of Dooplicators comes from its importance to the long-term capabilities of the new collection.
When can I buy Doodles 2 NFT?
There is no fixed date yet, but the Doodles 2 NFT will be available later this year. Until then, stay tuned for the exciting development of this expanding NFT brand.