Cool Cats, Animoca Brands Announce Alliance

Cool Cats, Animoca Brands Announce Alliance

Cool Cats will be "working more closely" with Animoca Brands, according to a Wednesday announcement from the technology and blockchain gaming company.

Animoca Brands, the company behind Sandbox and a partner with popular NFT projects like Bored Ape Yacht Club, is making a "strategic investment" in Cool Cats, the release said. Details about the partnership are scant, but the two companies are familiar with each other — Ken Cron, the executive chair of Cool Cats Group, has been an advisor to Animoca Brands' board of directors since 2020. 

"Our belief in what the Cool Cats team has built, along with our commitment to the NFT space – which we believe will unlock the next frontier of gaming – could not be stronger," said Animoca Brands' co-founder Yat Siu.

Cool Cats recently announced a new CEO, Stephen Teglas, and the company has a mission to "largest global NFT brand and a robust media and content company, including through expansion of its gaming offerings."

Earlier in September, Cool Cats partnered with Animoca Brands' subsidiary GAMEE to create its own play-to-earn game called Cool Cats Combinations.

Animoca Brands also closed on a $110 million round of funding in September to expand GameFi opportunities.

“We’re thrilled to work more closely with Animoca Brands and tap into their deep gaming expertise to open up new immersive experiences for the Cool Cats community,” said Teglas. “Many within our community already enjoy Animoca Brands’ properties and we can’t wait for Cool Cats holders to realize the value of our deepened relationship with Animoca Brands. We look forward to sharing announcements over the coming weeks and months as we roll out our partnership.”

More about Cool Cats

Cool Cats is a collection of 9,999 unique, randomly generated cats on the Ethereum blockchain. All cats are cool, but the Cool Cats that have a complete outfit find themselves in different rarity tiers. Cool Pets, a companion collection that was airdropped to Cool Cats holders, function as playable characters in the project's "Cooltopia" game.

At the time of publish, the Cool Cats floor price sits at 1.98 ETH, and has stayed relatively flat over the past 24 hours on 26 ETH volume of transactions. Over that same timeframe, 1 sharp wallets have sold 1 NFTs and no sharp wallets have bought NFTS in the the Cool Cats collection. Catch up on other recent Cool Cats news here.

Recent Cool Cats Sales

#6273sold at 12/03 12:12pm for
2.20
#1359sold at 12/02 11:12pm for
1.90
#2747sold at 12/02 11:12pm for
1.93
#3108sold at 12/02 11:12pm for
2.01
#7465sold at 12/02 8:12pm for
2.20

Recent Cool Cats Listings

#1993listed at 12/03 7:12pm for
4.20
#7458listed at 12/03 7:12pm for
1.98
#879listed at 12/03 7:12pm for
2.50
#7458listed at 12/03 6:12pm for
1.98
#7458listed at 12/03 6:12pm for
1.98
Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice.
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