BTC
$110,085.77
+
1.67%ETH
$2,591.48
+
1.99%USDT
$1.0002
+
0.02%XRP
$2.4099
+
0.61%BNB
$677.48
+
1.80%SOL
$174.66
+
1.85%USDC
$0.9997
+
0.02%DOGE
$0.2432
+
2.92%ADA
$0.7761
+
3.65%TRX
$0.2685
-
0.82%SUI
$3.9558
+
1.64%LINK
$16.21
+
1.79%AVAX
$23.51
+
3.28%XLM
$0.2955
+
2.71%HYPE
$29.14
+
2.52%SHIB
$0.0₄1513
+
2.26%HBAR
$0.1987
+
1.29%LEO
$8.8460
+
0.92%BCH
$414.37
+
2.85%TON
$3.1145
+
0.18%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events

hiDOODLES
$0.006301
0.00%
hiDOODLES Price Converter
hiDOODLES Information
hiDOODLES Supported Platforms
HIDOODLES | ERC20 | ETH | 0x3700adfd26d5bc062cb8b8a77e68fbd43f58ecab | 2022-09-19 |
About hiDOODLES
hiDOODLES (HIDOODLES) represents an innovative approach in the digital asset space, merging the realms of NFTs and digital currencies through a fractional ownership model. By leveraging the Ethereum blockchain and smart contract technology, it offers a unique investment vehicle within the NFT market, making it accessible to a broader audience. The mechanism of hiDOODLES, backed by Doodles NFTs and operated without centralized control, underscores the evolving landscape of digital assets and their potential to democratize access to high-value NFTs. For those interested in the NFT market, hiDOODLES offers a novel way to participate with reduced barriers to entry.
hiDOODLES is a unique digital asset that operates as an NFTETF (Non-Fungible Token Exchange Traded Fund) token, specifically designed to be backed by Doodles NFTs (Non-Fungible Tokens). It functions within the ecosystem of the Fracton Protocol, utilizing smart contracts to facilitate operations automatically. The token is designed so that each hiDOODLES token represents a fractional part (1/1,000,000) of the Doodles in an on-chain Doodles Meta-swap pool. This structure ensures that no single entity has control over the tokens, and it allows users to redeem Doodles NFTs from hiDOODLES tokens with a minimal redemption fee of 0.6%.
The primary use of hiDOODLES is to provide a bridge between the world of non-fungible tokens (NFTs) and traditional digital currencies by creating a fractionalized ownership structure over Doodles NFTs. This innovative approach allows investors and users to gain exposure to the NFT market without needing to own a whole NFT, making it more accessible and liquid. The total supply of hiDOODLES tokens is directly correlated with the number of Doodles NFTs in the meta-swap pool, highlighting its unique mechanism for ensuring liquidity and accessibility to the NFT market.