Each Cool Cats NFT has a variety of distinct characteristics. Over 300,000 different combinations including unique bodies, faces, facial hair, hats, glasses, clothing items, and more.
Of course, not every Cool Cats is the same. Some are unquestionably cooler than others. With over 7 different levels, over half of the NFTs have a basic level of “cool”. Some Cats have labels such as “wild”, “classy”, and even “exotic” depending on their tier.
While this ranking system pays homage to CryptoPunks and CryptoSkulls, any member of the Cool Cats community will gladly say that every cat is a Cool Cat.
About Cool Cats
A four-person team created the NFT project in July 2021. Tom Williamson (xtremetom), a blockchain and smart contract expert. The site developer and manager is Rob Mehew (Lynqoid). The creative director is Evan Luza (ELU) and Colin Egan (clon), also known as The Catoonist, is the illustrator.
Since its launch, the project has grown incredibly and is now widely known as an up-and-coming bluechip NFT project. Cool Cats is a collection of 9,999 NFTs that computers have randomly generated. Over 300,000 different clothing, faces, and colours make up the 9,999 NFTs.
Cool Cats grew from Blue Cat, the primary character that Colin “the cartoonist” created over 10 years ago. Colin, nicknamed “Clon”, has spent years honing Blue Cat’s line weight, ear height, and whisker length to bring him to his undeniable cool and cute final form.
Blue Cat has had some success, making appearances in tiny art shows and on the internet, but has never gotten the credit it deserves. While Blue Cat is the main character in Clon’s works, several other characters are equally as cool, but the team has yet to reveal them. Blue Cat and the group have evolved into the Cool Cats.
The goal of converting these Cool Cats into NFTs is to allow the general public to join the community and participate in the Cool Cat tale’s development, growth, and direction. Apart from being incredibly cool profile images, these cats have a variety of uses, including exclusive participation in community events for a chance to win Ethereum, claiming limited edition NFTs, and more.
Cool Cats also announced the addition of Cool Pets to its community. Cool Pets is a collection of randomly produced NFTs that you interact with to transform into unique creatures. In total, there are 19,999 NFTs, half of which are reserved for members and the other half for general sales. All Pets begin life as an egg and evolve into one of four forms: grass, fire, water, or air. An Egg’s appearance and element are determined by the food and materials given to it.
The items come from treasure crates purchased on the Cool Cats Marketplace with $MILK. The social token in the ecosystem is $MILK. Daily tasks with your Cool Pet will reward you $MILK. There are over 100 missions to choose from, including popular ones like Save the Forest, Go Greet the Frogs, Sniff for Danger, and Get to Know the Townsfolk, with more to come.
If you have a Cool Cat, you can earn $MILK every day simply by claiming it. NFT holders require $MILK for a variety of purposes, including the purchase of pet chests, battle chests, housing chests, questing, and future gamification.
Cooltopia is the Cool Cats ecosystem, which includes all of the pieces that interact with one another. The team hopes to turn Cooltopia into a gamified environment based on usefulness and interactivity, community incentives and growth, brand collaboration, and more in the future.
How Many Are Available For Purchase
Cool Cats come in various rarity and exclusivity levels, starting with the first generation, Gen 1. Only 9,999 Gen 1 Cool Cats will ever exist, even though there are over 300,000 possible permutations for Gen 1 cats.
The NFTs fit right in with the booming market for unique profile picture-style images – even Mike Tyson bought one for his Twitter profile. A unique zombie Cool Cat sold for $1.13 million, setting a new record for the collection.
Cool Cats are presently exclusively available through secondary markets like OpenSea. The NFT’s floor price is 4.15 ETH at the time of writing.
Perks of Owning A Cool Cats
Several perks and benefits come with owning this NFT. Here are some to consider as you make your choice.
The Cool Cats team claims to return, to the community, 20% of all cash generated from both primary and secondary marketplaces through competitions and raffles. In addition, each Cool Cat owner will receive monthly limited-edition Cool Cat-linked NFTs to trade on the NFT market.
Aside from the benefits of owning the NFT, the project appears to have a promising future. Nothing has been verified, but the team has hinted at the possibility of ‘breeding’ Cool Cats soon, resulting in a new generation of tokens that mix the traits of parent NFTs.
The team has also mentioned the $MILK token, an Ethereum-based cryptocurrency that will power the future ecosystem. This environment, which is still in development, is designed to be similar to The Sims.
It will allow Cool Cat owners to communicate and customise NFTs through in-game purchases. With the new token, staking will also be available. The ecosystem will include a voting platform and player guilds in addition to the unique gameplay. Given the evolving technology, community members have speculated that owners may one day be able to transfer the NFTs to other compatible ecosystems.
Where to Buy Cool Cats
The Cool Cat team no longer mints Cool Cats NFTs. You can only purchase through secondary markets like OpenSea. However, you must first link a browser-based cryptocurrency wallet to purchase the NFT on OpenSea. MetaMask is the most well-known wallet for this purpose.
Conclusion: What’s the Next Step
The Cool Cats NFT project is a superb NFT project with a fantastic community and tremendous utility for its holders. Furthermore, with a 2:1 holder to Cool Cat ratio, the project has great wallet decentralised ownership. Despite this, many smaller retail investors may find the project too expensive.
Those looking to make a little investment in this initiative might consider purchasing a Cool Pets NFT. You may invest in the same community and management team as the Cool Cats NFT by purchasing Cool Pets NFTs.
The NFT’s creators signed with CAA, a major talent agency in Los Angeles, California, in March 2021. According to a press statement, the agency will find and create opportunities for Cool Cats characters across a variety of domains.
Cool Cats and Cool Pets are merely the first parts of the huge Cooltopia ecosystem the founders have envisaged. Joining CAA will only increase your prospects for growth.
Luza, one of the co-founders, stated that the perception of people towards Cool Cats is currently limited to the NFT. However, the NFT collection is just the launching platform for the brand. They intend to expand it in as many directions as possible.