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The Coolest Guide to Cool Cats NFTs

Danesh by Danesh
September 4, 2022
Reading Time: 4 mins read
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The Coolest Guide to Cool Cats NFTs

Cool Cats

What is Cool Cats NFTs?

Known as the “coolest cats on the blockchain”, Cool Cats NFTs is collection of 9,999 randomly generated cat-themed NFTs on the Ethereum blockchain. Like Bored Ape Yacht Club and CryptoPunks, Cool Cats is considered as a “blue chip” NFT project by many.

 

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What are blue-chip NFTs? Why should you invest in them?

Cool Cats are not created equally. Random traits are assigned to a Cool Cats NFT. Half of the Cool Cats NFT collection are “cool”. As presented on the chart below, other Cool Cats are “wild”, “classy” and “exotic”. Similar to ranking system of other NFT projects, this makes other Cool Cats more valuable and rare than the others.

Who created Cool Cats?

Cool Cats NFT team is consist of “xtremetom” Tom Williamson (blockchain and smart contract expert), “Lynqoid” Rob Mehew (web developer and manager), “ELU” Evan Luza (creative director), and the talented illustrator Colin “clon” Egan.

How did Cool Cats start?

The roots of Cool Cats NFTs can be traced back in Clon’s “Blue Cat” character that she drew back in high school. Over the years, she spent time perfecting the look of Blue Cat until she finally gets the cool and cute final form which is the look of the Cool Cats PFPs we see today.

The team launched Cool Cats NFTs on July 1, 2021. Cool Cats and its community have grown significantly since its launch.

Why are Cool Cats popular?

Cool Cats was launched during the boom of the NFT PFP avatar bullrun in 2021. A week after its sold out launch, boxing legend Mike Tyson changed his Twitter PFP to a Cool Cats NFT. This made buzz in NFT Twitter. Today, notable celebrities like Reese Witherspoon, Alexis Ohanian, and Steve Aoki are proud Cool Cats holders. In 2021, Cool Cats rose in popularity and was one of the most recognized NFT PFP projects of the year.

We cool with the cats gn pic.twitter.com/SXdtTlzyvL

— Steve Aoki (@steveaoki) October 15, 2021

How much is Cool Cats?

It was originally priced at 0.06 ETH when it sold its first 300 NFTs. Shortly after that, the team decided to lower the price to 0.02 ETH per mint which was about $50 that time. The Cool Cats NFT collection sold out after eight hours.

As of August 2022, the floor price of Cool Cats NFTs is 2.45 ETH.

What is Cooltopia?

Cooltopia serves as the universe of the Cool Cats and its upcoming gamified NFT experience. Cooltopia rewards Cool Cats and Cool Pets NFT holders with the native token $MILK through questing, marketplace, and other utilities. The Cool Cats creators are on a mission to make Cooltopia accessible to everyone.

 

Today, Cooltopia can be be visited at coolcatsnft.com. As per the Cool Cats NFT creators, Cooltopia is just a small piece of the plan for the Cool Cats ecosystem.

Cooltopia was also used as the name of the Cool Cats interactive event and experience during NFT NYC 2022. In July 2022, they released a documentary about the event.

What are Cool Pets?

In September 2021, Cooltopia announced the arrival of Cool Pets NFT alongside with $MILK token. This announcement exploded leading to whopping increase on secondary market sales making Cool Cats NFTs floor price fly to double digits for the first time ever.

Similar to BAYC’s Bored Ape Kennel Club, Cool Pets NFTs serve as the companions and pets of Cool Cats. Cool Pets NFTs is a collection of 19,999 pet NFTs on the Ethereum blockchain. Half of its supply is reserved to Cool Cats holders and the other half was reserved for the public. Cool Pets start as an egg then evolves into its final form which can be one of the four elements: grass, water, fire, and air. Food and items are given to an egg to determine its final form and element.

☁️🔥💧🌱 COOL PETS. JANUARY 28, 2022. 🌱💧🔥☁️ pic.twitter.com/einYypByXx

— Cool Cats (@coolcatsnft) January 7, 2022

What is $MILK?

MILK serves as the token of the Cool Cats NFT ecosystem. MILK tokens are airdropped to all Cool Cats NFT holders. $MILK is required in various activities such as getting Pet chests, Battle chests, Housing chests, going on Quests, and surely will be utilized in the future of Cool Cats.

How to buy Cool Cats NFTs?

The easiest way to purchase Cool Cats NFT is on secondary market like OpenSea. As of August 2022, you can purchase a Cool Cats NFTs for 2.45 ETH.

Editor’s Note: Information stated in this article about Cool Cats NFT are updated regularly by our editorial team. This article is not a financial advise. We recommend you to do your own research and invest at your own risk.

Tags: Cool CatsCool PetsCooltopia
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Danesh

Danesh

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