Cool Cats: From NFTs to Mainstream Entertainment Phenomenon
TL;DR
- Cool Cats has evolved from a $ETH NFT collection into a multi-faceted entertainment brand, including animations and manga.
- Despite facing challenges, the brand continues to expand its universe with new projects and aims to become a cultural icon.
Cool Cats began on July 1, 2021, with 9,999 NFTs priced at 0.06 $ETH. After a price drop to 0.02 $ETH, the collection sold out quickly, boosted by celebrity endorsements. By March 2023, Cool Cats had generated over $290 million in sales, peaking at a floor price of $92,000.
In early 2022, they introduced Cool Pets, a companion collection, and the $MILK token for rewards. However, both were retired by July 2023 as the brand shifted focus. The animated series "The Milk Chug" premiered in September 2023, and a manga series is set for release in July 2024.
Despite some setbacks, including canceled partnerships, Cool Cats is determined to achieve mainstream cultural status. With ongoing plans for interactive experiences and physical merchandise, these cool cats are just getting started! 🐾
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