Solana Doodle Apes Explained
The Solana Doodle Apes project is a collection of community-driven non-fungible tokens. If you are into NFTs, you must be familiar with the Bored Ape Yacht Club collection, which introduced funky ape avatars. The Doodle Apes are inspired by this project and introduce similar kinds of collectables on the Solana blockchain.
But this project is not just a rip-off of Bored Ape Yacht NFTs. It introduces a more adorable, colourful, and cute version of the apes. Let's dive deeper into the project to learn whether it is worth your investment.
What are Solana Doodle Apes?
Doodle Apes is an SOL-based collection of digital assets. Launched on 7 January, 2022 and introducing 3,333 collectables on Magic Eden, these collectables are ape avatars with distinctive characteristics. The project draws inspiration from a popular Ethereum-based NFT collection by Yuga Labs.
The developers allocate 50% of trading fees royalties for the holders at least once each month. Another 5% of the royalties go to the community fund, which is consumed for marketing, community development, and maintenance.
If you are an NFT holder, you can vote to decide how the platform should spend the fund. Holding these NFTs will also allow you to generate a passive income.
Characteristics of Doodle Apes
The team behind this collection describes these doodled apes as intelligent and fast creatures. They like to swim, climb trees, and do high jumps. You can also find these new ape species in the South American jungles.
Each of the ape NFTs has unique attributes like different coloured backdrop, clothing, facial features, hats, and skin tone.
Where to buy these NFTs
This collection of NFTs is available on some of the best Solana NFT marketplaces, including Magic Eden and SolSea. You can also find them on top-ranked marketplaces like OpenSea and Rarible. Moreover, its roadmap indicates that it may soon be launched on other platforms like Digital Eyes, SolanArt, and others.
What’s the floor price of these collectables?
As per the data by Magic Eden, the total volume of these collectables is 8,138.37. The total number of holders is 2,247, and the floor price of each NFT is 0.067 SOL. However, there are a few NFTs whose prices are up to 1049882.4 SOL.
Is Solana Doodle Apes NFT legit?
To gauge the legitimacy of any project, its website and socials are important. Currently, the project's website https://solanadoodleapes.com is not accessible, and it isn’t available on Twitter either. It is pretty concerning; that’s why Magic Eden has also flagged the collection.
Nonetheless, it is listed on various other marketplaces like SolSea, OpenSea, and Rarible. It also proposed an exciting roadmap. So, if the project progresses, we might see more activity within the community. If you are considering investing in this collection, it is advisable to conduct your research.
Author: Wasay Ali
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