Doodles, which began minting its pastel NFTs less than a year ago, has created one of the largest profile picture collections on the internet. The 10,000-image collection has a collective value of about $121 million, according to NFTPriceFloor. Bored Ape Yacht Club, the leading NFT series, has a market valuation of $1.27 billion.
The Doodles collection is based on 100 visual traits that were mixed and matched in different combinations to produce unique works—no two are alike. While they can be purchased for as little as 6.9 eth ($12,183), some have sold for as much as 296.69 eth (about $1.1 million at time of sale) because of rare attributes.
The rarest examples hold gold coloring, with #6914, the most expensive Doodle ever sold, holding one-of-a-kind ape traits.
The company plans to use proceeds of its capital influx, which it says will bring its valuation to $704 million, to expand in music and gaming, NFT sectors that are attracting growing interest
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