The Cool Cats project was multiplied by 45 in July amid the resurgence of NFT – Delphi Digital
July was “NFT Month,” as markets hit record highs in volume and new projects attracted millions of capital, according to crypto research firm Delphi Digital.
The projects put in place just before the NFT madness “were perfectly set up to capitalize on this rush”, Delphi noted.
The prices of the Bored Apes, Meebits and ArtBlocks projects were around 250-300% between July 1 and August 9, while Cool Cats won 45 times during the same period, according to Delphi.
The project appears to be quite similar to Cryptopunks, except with cats.
There were 10,000 randomly generated cats available to mint on the Ethereum blockchain as of July 1.
“Cool cats that have a variety of outfits, faces and colors – all cats are cool, but full-dress cats are the coolest,” the project’s website says.
“Each Cool Cat has a unique body, hat, face and outfit – the possibilities are endless!
The cats were available in Mint for 0.06 Ether (around A $ 256, at today’s prices), but were selling for a low of 1.19 Aether (A $ 5,000) on Opensea yesterday.
This rare horned Cool Cat recently changed hands for 2,0504 Eth (AU $ 8,757) and others have traded for even more.
– CoolCatsNFTBot (@CoolCatsNFTBot) August 10, 2021
Mike Tyson apparently bought one.
– Mike Tyson (@MikeTyson) July 9, 2021
The developer promised that the team had “big plans” for Cool Cats, including a breeding contract and the second generation.
“How this will work is still being discussed with the community,” he wrote.
“For now, our focus is on building the Cool Cats universe. A town or city where they all live together. A simple way to root community and tie them together to create a sense of belonging and ownership.