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What is Doodles (NDDS) NFT Index?

Thu Aug 25, 2022 11:35 am

Doodles is a 10,000-piece community-driven collectibles project that features artwork by Burnt Toast and comes in a rainbow of bright colors, characteristics, and sizes. Voting for experiences and activations funded by the Doodles Community Treasury is possible for each Doodle.

What is Doodles (NDDS)?

Burnt Toast created hundreds of exciting visual traits for Doodles, a collection of 10,000 NFTs (non-fungible tokens), which includes characters like mascots, cats, aliens, and skellys. The Doodles Team also includes the artist Burnt Toast, 1) Evan Keast, a product marketer and NFT consultant based in Canada with prior work experience at Kabam Games (Net Marble), Dapper Labs, and CryptoKitties, and 2) Jordan Castro, a blockchain developer since 2013 who previously oversaw the CryptoKitties team at Dapper Labs.

Since the Doodles universe is constantly expanding, only collectors can access new experiences like Space Doodles. Owners of Doodles have the ability to vote on community-driven features, products, and events, making Doodle's roadmap the result of Doodlebank collaboration. Our community's treasury, Doodlebank, has over $5 million USD, which is used to pay for these experiences.

The Doodles NFT Index: How is it created?
10,000 NFTs (non-fungible tokens) collectively referred to as Doodles are comprised of hundreds of captivating visual characteristics created by Burnt Toast. 7 Doodles NFTs are divided by MEXC into 7,000,000 NDDS index tokens (1,000,000 NDDS per NFT). Users have access to low-cost trading of premium blue-chip NFTs through the NDDS index. Users who own a significant enough portion of the index may trade their index holdings for one of the seven Doodles NFTs. MEXC(mexc.com) will occasionally increase the collection in response to market demand, but MEXC's overall position will not be greater than 10%.

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