Doodlin Town is a collection of 10,000 NFTs created and developed by HAU538, a Mexican design studio.
/EIN News/ — MEXICO CITY, Oct. 14, 2022 (GLOBE NEWSWIRE) — Amid the current situation and uncertain economy, HAU538, a design studio in Mexico, foresees the opportunity to position itself on the NFT market, in addition to building trust and loyalty in the crypto world.
Experts predicted that 2022 would be the best year for NFTs. Nonetheless, the economy and slowing cryptocurrency adoption led to a decline in NFT sales volume and more than 60% declines in the value of bitcoin and Ethereum cryptocurrencies.
On top of that, NFT projects have shown bad business practices, newbie creators with no experience developing projects, teams with no business experience, or in isolated cases just a group of people not legally constituted as organization without the ability to really add value. at the market.
Doodlin Town NFT as a promoter of change
HAU538 is the studio created by Miguel Ángel Guzmán, a commercial and real estate entrepreneur in Mexico, whose main objective is to create several NFT projects that offer real utility that help consolidate cryptocurrencies as a new payment instrument in the global economic system.
The company behind HAU538, whose main differentiator is being a legally established company in Mexico, has more than 20 close employees and sees accelerated expansion plans for the next five years.
The first project of HAU538 is Town of Doodlin, a collection of 10,000 NFTs that will serve as a weekly lottery ticket to win creator royalties each week. It is a simple utility but which seeks to generate transparency and loyalty among its future holders.
“Each week we will take the winning numbers from one of the biggest American lotteries, and these will be used as a reference to choose our winning holders,” explained Miguel Guzmán. “50% of the Mint’s fundraising will be distributed to eight holders via a lottery a few days after the art’s reveal, and later 80% of the weekly royalties will go directly to four holders via a weekly lottery.”
Mr. Guzmán is a Mexican real estate entrepreneur who runs Doodlin Town. His goal is to provide benefits full of benefits in every project within HAU538. As Mr. Guzmán indicated, in a few years he wants to be able to launch the first 100% crypto hotel.
“We want to build a hotel in Mexico City focused on the NFT community, which offers the use of blockchain in its shopping experience, without the need to use FIAT money. In addition, the investment for the construction of the hotel would be funded by an NFT project, which would consider each NFT as an enrollment in a timeshare program that offers them a week’s stay each year”.
Miguel Ángel and the HAU538 team are determined to establish themselves as forerunners in the NFT world to create a link between investors and NFT collectors through their ingenious concept of weekly prizes. Doodlin Town, the studio’s first collection, has just announced that it will officially launch on October 28 with an offer of 10,000 NFTs priced at 0.049 ETH.
More information about Doodlin Town can be found on the company’s official website. Twitter profile.
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Doodlin Town is a collection of 10,000 NFTs created and developed by HAU538, a Mexican design studio
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