The game is the first widely available blockchain-powered experience, allowing players to purchase in-game assets. Players need only spend a few dollars on gas and they can participate in the economy of an entire game world. And while most people are buying these cool cats for their own personal use, savvy investors see this as an opportunity to make some serious money
The “cool cats nft price” is a question that many people have been asking. The answer is that there are so many people buying cool cats because they are the cheapest coins on the market. They are also easy to mine with your computer or smartphone.
Cool Cats is a collection of 9,999 randomly created NFTs based on Ethereum. Since its introduction in July 2021, the project and its surrounding community have developed significantly, and it is now widely regarded as one of the “blue-chip” NFTs for 2021.
The first generation of Cool Cats (the team has suggested that subsequent generations would be able to “breed”– more on that later) is confined to the 9,999 cats that were first published, each of which is constructed at random from over 300,000 feature combinations: a unique body, face, hat, and attire.
The following benefits are available to Cool Cat owners:
- The ability to join the Cool Cat community
- Airdrops at random
- Future Cool Cat events will be available to you.
- A non-exclusive permission to do anything they want with their Cool Cat NFTs.
A “coolness” measure is also used in the Cool Cats project. The majority of Cool Cats are worth 3–6 points:
- 4,599 cats have a score of 3 to 4 points.
- 3,000 wild cats range in size from 5 to 6 points.
- 1,750 cats with 7 to 8 points are classy.
- Exotic: 650 cats with a score of 9 to 10
Rankings of the Cool Cats (source: CoolCatsNFT site)
There are 66 “very rare” cats, each of which is one-of-a-kind. The rest of the Cool Cats are dressed in blue and wear a variety of costumes such as knight helmets, TV heads, chef hats, and so on. The rarest, or coolest, cats are those with entire clothes. A cool cat dressed in a completely constructed pirate costume, for example, is deemed cooler than one dressed in a pirate body and a beanie head.
The NFT Team & Holders of the Cool Cats
The Cool Cats initiative was started by four anonymous individuals who had a passion for art and cryptocurrencies. The following people make up the group:
- The Catoonist (https://www.instagram.com/thecatoonist/), the project’s principal artist and creator.
- Smart contracts and technological interfaces, according to Tom.
- Lynq is in charge of creating and maintaining the website.
- ELU is in charge of creative direction, marketing, and project management.
Four of the 9,999 Cool Cats in the collection were set aside for the crew (one each.) 100 were set aside for future tournaments and airdrops for holders.
Cool Cats have been exchanged over 22,000 times in secondary markets since its NFT release date in July 2021.
As of this writing, the overwhelming majority of Cool Cat owners have one, with roughly 30 wallets having 11-15. There are over 150 Cool Cats in three wallets. There are around 4,800 distinct addresses that have a Cool Cat NFT.
The Benefits of Having a Cool Cat NFT
Through competitions and raffles, the Cool Cats initiative promises to return 20% of every ETH collected in main and secondary markets to the Cool Cats community.
Every month, Cool Cat owners get limited edition Cool Cat-related NFTs. The following are some of the additional benefits and launches:
- A $MILK Token is a digital token that represents milk.
- Airdrops in the Future
- Breeding of Cool Cats
Roadmap for Cool Cats
The Cool Cats’ schedule presently extends till Q2 2022. The MILK tokens, adventurer’s guilds and other gamification activations, a voting platform, and a “top-secret project” are among the ambitious additions to the Cool Cats project.
The Roadmap for the Cool Cats as of Q4 2021 (Source: Cool Cats Discord)
The organisms that make up the Cool Cats environment have little information, however it seems that they share certain Cool Cat features.
The Cool Cat creature phases are described in detail (source: Cool Cat Discord)
The $MILK Token is a cryptocurrency that represents milk.
The Cool Cats team has announced that all Cool Cats holders will get a $MILK token as an airdrop. MILK is a kind of cash in the Cool Cats universe. It’s been speculated that it’ll be used for staking or as a currency in the yet-to-be-released Cool Cats metaverse.
This metaverse’s preliminary developments have been posted on Discord and Twitter.
On Discord, a Cool Cat owner comments, “It’s sort of like the Sims, except for Cool Cats.” “Your Cats will be able to communicate with other Cats, modify the island they reside on, and you will be able to purchase gear and apparel using milk tokens.” Plus, if you’re familiar with blockchain gaming, you’ll see that they’re establishing the basis for a game system that will “speak” to other systems, enabling you to transfer your Cats from one metaverse to the next.”
Editor’s note: Our bottom-up development article discusses how cryptocurrency-savvy video game creators are striving to create NFTs that can be utilized and accessible by a variety of gaming contexts.
How to Get Cool Cat NFT Airdrops Through Milk Collaborations
Free NFTs (art and other airdrops) are provided to Cool Cat holders as part of Milk partnerships.
The only way to qualify for a Cool Cat airdrop is to have a cool cat in your wallet. However, it’s possible that certain airdrops may be limited to wallet addresses that meet certain requirements, such as the amount of time a Cool Cat has been held.
For example, as a welcome to the NFT community, the team may decide to airdrop some products to all recent Cool Cat purchases. Long-term Cool Cat NFT holders may be airdropped as an incentive to keep the Cool Cat NFT.
The team determines which airdrops are most appropriate considering the present situation of the Cool Cat community.
Is It Possible to Breed Cool Cats?
There isn’t a lot of information regarding breeding Cool Cats online, however it seems that this feature will be accessible in 2022.
If you’ve been in the NFT and digital collectable world for a while, the notion of breeding digital cats may be familiar to you– Crypto Kitties was the first effort to do so in 2017.
Holders of two or more Cool Cats are said to be able to mate them together to create a Second Generation Cool Cat, which would inherit qualities from both parents.
NFT Cool Cats Price
In the first week after its introduction in early July 2021, the Cool Cats NFT project witnessed a tremendous increase in price and attention, jumping from 0.05 ETH to over 1 ETH in roughly a week.
Cool Cat Prices Data (courtesy of Dune Analytics, user @masroor)
By August 2021, the Cool Cat average selling price on secondary marketplaces had quadrupled to 2 ETH, and by the end of the month, it had settled at roughly 6.5 ETH.
In September 2021, the Cool Cat floor price reached a peak of 14.5 ETH, with the most expensive Cool Cats selling for between 69 ETH and 320 ETH.
Cool Cats’ floor price tracker
How to Purchase NFT Cool Cats
Cool Cats may be acquired from Cool Cat Holders or on secondary marketplaces like OpenSea. OpenSea is the most convenient and low-friction option to purchase a Cool Cat.
NFT Cool Cats on Opensea
NFTs for Cats at Their Finest (Other Than Cool Cats)
There are a few cat-related initiatives that aren’t linked with Cool Cats but are worth checking out.
- Gang of Gutter Cats
- Cats Who Smoke Stoner
Final Thoughts + Additional Links: Are Cool Cats NFTs Legit?
Since Egyptian days, humans have been captivated with cats, and it seems that this human propensity hasn’t altered much in the blockchain era.
Like all other NFT initiatives, the Cool Cats NFT project’s weight and momentum are borne by its dynamic and engaged community, which can be found on the Cool Cat Discord and all over crypto-related Twitter.
The “cool cats rarity” is a question that many people have been asking. The answer to this question is there are so many people buying cool cats because of the low price and high demand.
Frequently Asked Questions
Who made cool cats NFT?
A: I am not able to answer this question.
How much is a cool cat NFT?
A: A cool cat is valued at around $10.
How do you buy a cool cat NFT?
A: This is an intangible item.
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