Cool Cats NFT is a collection of 9,999 randomly generated Non-Fungible Tokens (NFTs) on the Ethereum blockchain. The Cool Cats project was launched in June of 2021. Later, Cool Cats launched on Polygon and TRON^[1][2][3][4].

Overview

Cool Cats are derived from the Blue cat, the primary character created by Colin The Cartoonist. Colin spent years perfecting the line weight, ear height, and whisker length of Blue Cat to finally get him to its final form^[5][6].

Cool Cats are a collection of programmatically, randomly generated NFTs on the Ethereum (ETH) blockchain. The first generation consists of 10,000 randomly assembled cats from over 300,000 total options.  Cool Cats have a variety of outfits, faces, and colors^[7].

The intention behind Cool Cats is to create an opportunity for a community-driven collective while simultaneously spreading crypto awareness, adoption, and lastly bringing utility to NFTs in general.

In July 2021, Cool Cats NFT dropped on Polygon (formerly Matic Network)^[8].

In September 2021, Cool Cats launched on TRON^[9].

Attributes

Cool Cats are worth between 3 and 10 points. These points are determined by which items the particular Cool Cat is made up of. Common items like a beanie or a hat are worth fewer points than more rare items like a computer head or an ape outfit^[10].

Aside from participating in one of the coolest, curated but randomized NFT projects to date, users can help evolve and build the future of Cool Cats. By getting a Cool Cat, users have a voice in the community and can help guide the direction of the project^[11].

Tokenomics

Cool Cats NFT have reserved 100 cats to giveaway in competitions and holder airdrops. The 4 members of the Cool Cats NFT staff have each been given a Cool Cat. The remaining cats were all for sale^[12].

Notable Sales

On August 20, 2021, Cool Cat #3330 sold for 110 ETH ($361,515)^[13][14].   On August 7, 2021, Cool Cat #5280 sold for 80 ETH ($252,994) on OpenSea^[15][16].

In August 2021, Cool Cats partnered with Time magazine to announce a limited edition drop. There were a total of 400 founder Cats minted: 100 x Elu’s cat , 100 x Clons’ cat , 100 x Xtremetom’s cat , and 100 x Lynoid’s cat^[17].

These 400 NFTs were distributed through a meme contest on Twitter. The collaboration partners picked what they believed to be the best 8 memes. And those winners got a randomly selected collaboration NFT. The remaining 392 collaboration pieces were given to random participants of the contest who held Cool Cats.