hiDOODLES

hiDOODLES

HIDOODLES
$0.005065573%-5.29

Key Metrics

Price$0.005065573
Real Volume (24H)$63,026.13
Marketcap$965,234.72
Fully Diluted Valuation$4,004,703
ATH$0.197977
ATH Date12/25/2022, 10:02:09 PM
ATL$0.00651109
ATL Date11/17/2022, 12:59:11 AM
Circulating SupplyN/A
Total Supply23M
WebsiteN/A
WhitepaperN/A
Popularity Rank2495
Chart
What is hiDOODLES?

hiDOODLES is a unique NFTETF token that operates on the Fracton Protocol's smart contracts, backed by Doodles NFTs. Doodles NFTs are highly valued and cherished by many collectors worldwide, and hiDOODLES provides a new and exciting way to invest in them.

The hiDOODLES token is designed to provide fractional ownership of the Doodles NFTs, which are pooled together in an on-chain Doodles Meta-swap pool. This unique feature allows anyone to invest in Doodles NFTs without having to purchase the entire NFT. Each hiDOODLES token represents 1/1,000,000 Doodles NFTs, which is automatically managed by the Fracton Protocol's smart contracts.

The hiDOODLES ecosystem is permissionless, which means that users can easily redeem their Doodles NFTs from hiDOODLES tokens with a mere 0.6% redemption fee. This makes hiDOODLES an excellent investment opportunity for anyone looking to own a piece of the highly coveted Doodles NFTs.

One of the most significant advantages of hiDOODLES is that there is no hard cap on the total supply of tokens. Instead, the total supply is determined by the number of Doodles NFTs in the meta-swap pool. For every Doodles NFT in the pool, there are 1,000,000 hiDOODLES tokens in circulation. This innovative model ensures that hiDOODLES remains a flexible and scalable investment option for collectors and investors alike.

The hiDOODLES token is built on the Ethereum blockchain and is ERC-20 compatible. This means that it enjoys the same level of security and decentralization as Ethereum, making it a secure and reliable investment option. Ethereum's state machine is responsible for securing the hiDOODLES network, ensuring that all transactions are valid and recorded accurately.

In conclusion, hiDOODLES is an innovative investment option for anyone looking to invest in Doodles NFTs. It is a unique NFTETF token that operates on the Fracton Protocol's smart contracts, providing fractional ownership of Doodles NFTs. The ecosystem is permissionless and offers investors the flexibility to redeem their Doodles NFTs from hiDOODLES tokens at a low redemption fee. With no hard cap on the total supply of tokens, hiDOODLES is a scalable investment option built on the Ethereum blockchain's security and decentralization.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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