Doodles are one of the more popular new collections in the NFT marketplace. The project has 380k Twitter followers after launching a year ago. There are 10,000 Doodles, which as the name suggests, can be very basic, but they are colorful, and investors like them. The floor price for a Doodle is 7.88 ETH ($10,000). A Doodles 2 launch is coming soon and that will remain popular.
Chronocatz is a new collection from Chronoly (CRNO) which recently launched an NFT marketplace for luxury watch brands. Investors should look at buying into these for value, rather than a Doodle. The Chronocatz are 3D avatars of catz and each wears a limited-edition wristwatch from one of the world's top brands. These watches add rarity and give holders access to a secret members club.
Reddit cofounder Alexis Ohanian was an early investor in Doodles with his venture capital firm 776, He said the project would "set all kinds of standards" in what blockchain technology can do and that it has the potential to become a global entertainment brand. Doodles count NFT influencers and celebrities such as Pranksy and DJ Steve Aoki as part of their community. Pharrell Williams came on board as the company's chief brand officer in June, while 776 recently announced it secured $54.5 million in funding, bringing Doodles to a $700 million valuation.
"Doodles is strongly positioned to continue to define the NFT industry, onboard millions to the blockchain, and become one of the most inclusive, creative, joyful media brands in Web3 and beyond. Looking into the future of the Doodleverse, we see an incredible amount of potential well beyond NFTs." The Doodles 2 collection is sure to do well but will come at a cost as popularity builds.
Chronocatz is a unique project that combines traditional and new finance worlds. This collection of 7,777 NFTs was released by the Chronoly project which is bringing luxury watch investing to decentralized technology. The Chronocatz have unique traits in the form of hats and accessories, but the key rarity is a luxury timepiece. These real-world assets provide a tier of 1-6 and holders get access to the CWC private members club.
Celebrity investors have been keen buyers of luxury watches and they have been a feature of modern music videos. These celebrities can now trade 24-7 on the Chronoly platform to pick up NFTs of rare watches. Those could be used for the metaverse, and they can also get access to exclusive watch drops and auctions via the Chronocatz NFTs. Although many celebrities are getting into art-based NFTs, they can get something more tangible from the Chronocatz.
Website: https://chronocatz.io/
Telegram: https://linktr.ee/chronolyio
Twitter: https://twitter.com/Chronolyio
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