Written by: Lawrence, Mars Finance
I. Doodles History: From "Cartoon Avatars" to "Web3 Disney" Ambitions
As one of the most iconic blue-chip Non-Fungible Token projects in the Ethereum ecosystem, Doodles' growth story is a textbook case of IP incubation in the Web3 era.
1. Artistic Genes and Community Co-creation (2021-2022)
In October 2021, 10,000 colorful cartoon avatars created by Canadian illustrator Scott Martin (Burnt Toast) landed on Ethereum. These Non-Fungible Tokens named Doodles quickly broke through, with floor prices soaring above 5 ETH, joining the "blue-chip club".
[The rest of the translation follows the same professional and accurate approach, maintaining the original structure and meaning while translating to English.]Multi-chain Operational Costs: Solana and Base's cross-chain bridge may become a target for hacker attacks
(III) Short Strategy Suggestions
Suitable short signals:
FDV exceeds $250 million (corresponding to DOOD unit price of $0.25)
Large transfers appear in team addresses
DreamNet delayed release
Risk Warnings:
High market manipulation on Solana chain, beware of short squeeze risk
Exchanges like Binance may introduce short-selling restrictions
V. Conclusion: Web3IP's Paradigm Revolution and Speculative Bubble
Doodles' token experiment is essentially an adventure of "digital asset securitization". Its idealistic side is reflected in:
Attempting to achieve value sharing between creators and consumers through token economy
Exploring NFT's transformation from collectibles to "digital identity passport"
But the brutal reality is equally clear:
In the interest chain composed of VCs, exchanges, and market makers, the community remains in a weak position
The maturity of Web3 entertainment ecosystem far from supporting a billion-dollar valuation
For ordinary investors, recommendations are:
Short-term participation: Utilize liquidity premium during exchange listing, with stop-loss set at -20%
Long-term avoidance: Unless DreamNet's user retention rate exceeds 50% after launch, do not hold positions for more than 3 months
Ecosystem observation: Focus on music collaboration with Pharrell Williams and Golden Wolf's animation production progress
In the crypto world, "innovation" and "harvesting" are often two sides of the same coin. Whether Doodles can break the spell of "token issuance is the peak" will be critically tested in autumn and winter of 2025.
