The world of Cool Cats, Cooltopia, is welcoming its newest members dubbed as Cool Pets! The 20,000 companion NFTs are cute little creatures that can grow into heroes if NFT holders look after them carefully. So mark your calendars because they are popping off on January 28!
The community’s excitement is palpable because of 20,000 total supply, 10,000 will go to existing Cool Cats NFT holders. Then, the other 10,000 will give new NFT holders opportunities to get involved. Take note that the team is reserving 100 pets for future promotions, internal testing and their staff.
☁️🔥💧🌱 COOL PETS. JANUARY 28, 2022. 🌱💧🔥☁️ pic.twitter.com/einYypByXx
— Cool Cats 🆒🐱 (@coolcatsnft) January 7, 2022
More About Cool Cats’ Companion NFTs: Cool Pets
According to the website, if you look after your pet, they will grow up and inherit a specific element. That element could be Grass, Fire, Water, Air or maybe even something else. So you can think of the Cool Pets as stage one of a multi-stage ecosystem.
Cool Cats and Cool Pets will serve as the solid foundation of future utility, gamification and stories. The team is already working on new ideas such as questing expansion, crafting housing and battling. In all of these, Cool Pats and Cool Pets take the centerstage. For example, future systems will involve some level of crafting. So you can use the items on your pets to craft new ones.
Cool Cats remains to be one of the darlings of the NFT Space. It has attracted several high-profile buyers – including Steve Aoki, who purchased a Bob Ross TV head cat, and Mike Tyson. Leading NFT investor and “Cool Cats Maxi’ Farokh also owns a collection of 17 Cool Cats, including two TV Heads and his highly sought-after Afro Rainbow Unicorn cat. The president of TIME Magazine, Keith Grossman, has been a long-time supporter of Cool Cats.
As of press time, the floor price has climbed up to 11.5 ETH or $35,000. This means that Cool Cats have appreciated in value over time and it is one of the blue-chip NFT Collectibles in the space. However, the downside of this is that the barrier to entry is very high and it would take a lot to get involved. So the Cool Pets NFTs is actually a chance for the project to expand its base of NFT holders without diluting the value of the original Cool Cats NFTs.
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This article is educational material.
As always, make your own research prior to making any kind of investment.
