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Doodle Room NFT Drop

In the amazing, colorful world of non-fungible tokens (NFTs), there’s a lot of focus on PFP projects, or profile photo projects. These projects are basically pieces of artwork that you might use as a profile photo on social media, like Twitter or Discord. The first PFP NFT was CryptoPunks, which launched in 2017. Since then, projects like Bored Ape Yacht Club, Cool Cats, CyberKongz,7 and Doodles have taken the PFP world by storm.

While PFP projects may be the most popular in the NFT industry, there is an increasingly popular category of NFTs that are on the rise. The desire for virtual property or virtual real estate has gained increasing traction among NFT investors, especially with the rise of the Metaverse into public consciousness. With companies like Meta (formerly Facebook) laying down investments in this area, there is no doubt that virtual property will become an increasingly common part of our lives.

Enter the Doodle Room

That’s where Doodle Rooms comes in. Launching in January 2022, Doodle Rooms is a series of 9,999 carefully curated spaces in the form of rooms. Holding a Doodle Room will give you access to the Doodle Room ecosystem that will include an airdrop of the actual 3D version of the Room that you hold. This 3D version will be a part of a tower on DECENTRALAND on the Doodle estate. The project was founded by a fully-doxxed team with extensive experience in architecture, design, and project management.

Let’s dive a little deeper into Doodle Rooms.

With rooms such as snooker rooms, office spaces, game rooms, and even Doodle Rooms with aliens in the mix, each Doodle Room is an expression of individuality for each holder. This, combined with an affordable mint price of 0.02 ETH as well as a solid roadmap, makes Doodle Rooms truly a worthwhile investment.

Doodle Rooms Roadmap

The first phase of the Doodle Rooms roadmap is ownership. Upon mint, each holder will get a PNG file of 2000 x 2000 dimension that contains the rasterized form of the vector art. This is the first step to the next phases of the project, each giving value to the holders.

The second phase of the Doodle Rooms roadmap is the introduction of 3D Rooms, which will roll out in April 2022. Each holder of vector mint will be given a chance to mint a gITF (Graphics Language Transmission Format) 3D version of their Rooms for free. The added value for holders is the chance to share the amazingly rendered 3D version of the Rooms on social media as well as to get a feel of what the Rooms will look like in the Metaverse.

Enter the Doodle Tower

Come July 2022, probably the most anticipated phase of the project will roll out. An estate of significant size to house the Doodle Tower will be purchased on Decentraland in February 2022, using the proceeds from the community wallet that contains 15% of the primary sales generated by the project. This Decentraland estate will be home to the Doodle Tower, a large piece of architecture that will have multiple floors, each of which will contain multiple Rooms. This gives each holder an inexpensive and indirect exposure to property in the coveted Decentraland.

From this point on, the focus will be on integration of the Rooms into the Doodle Tower. The entire Tower will be accessible via Decentraland and each Room will open up a Web3 site where each holder’s Room can be viewed and experienced, all within Decentraland.

The Doodle Rooms team has also come up with a unique value proposition in the way of Public Spaces. Think of these Public Spaces as event halls, where the team will monetize the virtual real estate to host events, from casino-related events to concert halls. The revenue generated from the events will be split proportionally amongst the owners of the Rooms. This is similar to the concept of Real Estate Investment Trusts or REITs, in which it is an affordable way to gain access to commercial property, in this case virtual commercial property. Imagine owning a piece of your local mall!

Experience Doodle Rooms First-Hand!

In October 2022, another exciting part of the roadmap will be rolling out. Enter VR Integration! Each Room will be hosted in a virtual reality (VR) environment where you can experience all the little details of your own Room with all the magic of virtual reality! You can even add items to your Rooms, such as furniture and other cool gizmos, all with the intention of experiencing them first-hand!

The possibilities for your room are endless. You could connect your wallet to the NFT frames in your rooms and display your favorite NFTs. If you don’t have a frame already in your room, you could purchase one from the Doodle Rooms Marketplace. 

Imagine arriving at the Doodle Tower, taking the elevator, and arriving at your floor. You look around and then navigate to your front door, enter, and start exploring your room in virtual reality!

Staking Your Doodle Room

Staking refers to the locking up of NFTs on a platform or protocol to receive staking rewards and other privileges. Each Doodle Room holder will have access to this powerful mechanism to be able to earn cumulative rewards! The longer you stake your Doodle Room, the more you can collect $ROOM, which is a utility token used solely within the Doodle Room ecosystem to buy items for your Room from the official Doodle Rooms marketplace.

A quarterly snapshot will be automatically taken and utilized to release rewards every three months. The $ROOM rewards will also be released on a quarterly basis. Holding your Room longer will give you the ability to deck out your Room with some exceptionally cool steeze, which you can then show off to your friends in VR!

Imagine inviting your friends to your room, or clients to your storefront. Attaching affiliate links to items in your room and encouraging visitors to interact with the items, which would take them to the associated website, potentially earning you a commission on sales. The possibilities with Doodle Rooms are truly exciting!

Getting Your First Doodle Room

Doodle Rooms will be available for mint at a price of 0.02 ETH per unit.  About 3,000 Doodle Rooms will be available for presale and the remaining 6,999 Doodle Rooms will be available for public sale, bringing the total supply to 9,999 pieces. The segregation between presale and public mints will be as follows:

OGs – max mint of 10 Doodle rooms per wallet (48 hours to mint)

  • 0.02 per Doodle Room
  • 0.05 for 3 Doodle Rooms
  • 0.06 for 5 Doodle Rooms
  • 0.12 for 10 Doodle Rooms

WL – max mint 5 Doodle rooms per wallet (48 hours to mint)

  • 0.02 per Doodle Room
  • 0.05 for 3 Doodle Rooms
  • 0.06 for 5 Doodle Rooms

Public sale

  • 0.02 per Doodle Room 
  • 0.05 for 3 Doodle Rooms
  • 0.06 for 5 Doodle Rooms

With this affordable price point, many NFT investors will be looking to Doodle Rooms to be their first exposure into virtual real estate and Decentraland. If you’re excited to know more about getting your first piece of digital property on the Metaverse, pay a visit to the Doodle Rooms Twitter account at https://twitter.com/doodlerooms and join the Discord server today!

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FanboyEthereum
FanboyEthereum
Hailing from Malaysia, Fanboy Ethereum is a Corporate Accountant by day and cryptocurrency/NFT enthusiast by night. Besides writing about crypto, he enjoys reading, playing video games and sharing about Personal Finance on his podcast, Cash Kaw.
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