According to BlockBeats, on October 21, according to official news, CAT Protocol will launch its first NFT collection "Locked-up Cats" of CAT721 on Fractal Bitcoin, with a total of 10,000 pieces in the series.

It is reported that each user needs to lock 100 CAT tokens in a special contract for 3 months to obtain a locked CAT NFT. After the lock-in period, users can withdraw CAT tokens back to the original wallet address.

In addition, the collection also cooperated with OKX to launch a lucky draw event. Users holding 0.0002BTC and completing designated social tasks can participate in the lucky draw. According to the relevant page information, lucky draw participants do not need to lock 100 CAT tokens, and the event organizer will handle it on their behalf.