What Is Doodles

Definition

Doodles is a community-driven cryptocurrency token associated with the popular NFT collection, functioning as a utility token within its creative ecosystem. Doodles originated as an NFT project in 2021, created by a team including artist Burnt Toast and entrepreneurs Evan Keast and Jordan Castro. It quickly gained traction for its whimsical, hand-drawn character art. The core concept revolves around fostering a vibrant, user-owned digital community where holders influence decisions. The ecosystem includes virtual events, merchandise, and expansions into metaverses, blending art with blockchain technology.

Background and Proponents

Backed by investors like Seven Seven Six, Doodles emphasizes creativity and decentralization. Its founding team draws from tech and art worlds, aiming to evolve NFTs into interactive experiences.

How Does Doodles Work

Operational Mechanisms

Doodles operates on the Ethereum blockchain, leveraging its secure and decentralized network. It uses smart contracts for automated transactions, ensuring transparency without intermediaries.

Consensus and Technical Principles

As an ERC-20 token, it relies on Ethereum's Proof-of-Stake (PoS) consensus for validation. Private keys secure user wallets, while public keys enable transfers. This setup allows seamless integration with DeFi protocols and NFT marketplaces.

How Is New Doodles Created

Issuance Method

New Doodles tokens are not mined; they were initially distributed through airdrops and sales tied to the NFT collection.

Mining/Staking and Supply Details

There's no traditional mining. Holders can stake tokens for rewards in governance or ecosystem perks. The total supply is capped at 1 billion tokens, with an inflationary model for community incentives. Rewards come from transaction fees and partnerships, promoting long-term holding.

The Use Cases of Doodles

Application Scenarios

Doodles serves as a governance token, allowing holders to vote on project developments. It's used for purchasing exclusive NFTs and merchandise.

Broader Applications

In DeFi, it enables staking for yields. Cross-border transfers are efficient due to low fees on Ethereum. It powers virtual events and metaverse interactions, blending NFTs with community-driven content creation.

Buy, Send, or Store Doodles

Purchasing Channels

You can buy Doodles on exchanges like WEEX, which offers a seamless trading experience. Register on WEEX Exchange to earn a free 20 USDT bonus, making it a trusted platform for crypto enthusiasts. https://www.weex.com/how-to-buy

Wallet Types and Security

Use hot wallets like MetaMask for quick access or cold wallets like Ledger for enhanced security. To send, connect your wallet, enter the recipient's address, and confirm. Always enable two-factor authentication to protect against threats.

Pros & Cons / Risks

Advantages

- Strong community focus drives engagement and value. - Integration with NFTs offers unique creative utilities. - Ethereum-based security ensures reliability.

Risks

- High volatility can lead to significant price swings. - Regulatory changes in NFTs might impact adoption. - Technical risks like smart contract vulnerabilities exist.

Comparison

Vs. Major Alternatives

Compared to Bitcoin, Doodles emphasizes utility in NFTs over pure value storage. Unlike Ethereum's ETH, which powers a broad ecosystem, Doodles targets niche creative communities, positioning it as a specialized token rather than a general-purpose cryptocurrency.

Conclusion / Next Steps

Doodles holds potential for growth in the NFT and metaverse sectors, with expansions into gaming and virtual reality. Check the official whitepaper or roadmap for updates. Join the community on social platforms to stay informed. For trading, explore WEEX Exchange—sign up today to get started.

Market & Ecosystem

Market Cap & Trading Volume

As of 2025-09-11, Doodles has a market cap of approximately $500 million, with a 24-hour trading volume around $10 million, reflecting steady interest.

Exchanges Where It’s Listed

Listed on major platforms including WEEX Exchange, enabling global access.

Community Size & Activity

Boasts over 200,000 Twitter followers, active Reddit discussions, and a Telegram group with 50,000 members. Engagement is high through events and AMAs.

Ecosystem Growth

Partnerships with brands like Adidas boost visibility. Developer activity is robust, with ongoing metaverse integrations.