Cool Cats to Focus on Expanding to Asian Markets?

Cool Cats to Focus on Expanding to Asian Markets?

During a Twitter Spaces with Cool Cats Executive Chairman Ken Cron and Animoca Brands Chairman Yat Siu, the popular NFT project pushed the narrative that it will "expand geographically."

Siu described the project as "an OG" in the NFT space.

"It’s about community; it’s cute; they have a brand identity that has an originality that is really owned by the Cool Cats," Siu said, then later. "We’re based in Asia, and the look and feel of Cool Cats has a lot of potential in our area of the world."

"In our part of the world, we are really inspired by Hello Kitty," Siu continued. "We see absolutely no reason why Cool Cats couldn't be that, as well."

Animoca Brands is not the only party in this partnership pushing the geographic expansion narrative.

"Geographic expansion is going to be an important area, and we see ourselves working in that direction," Cron said. "We see that with entertainment partnerships and even web2 partnerships."

It seems this expansion is coming in the not-so-distant future, too.

"In the coming months, you’re going to see us geographically expand, but we’re going to wait and make the announcements in a proper way," Cron said.

The new Cool Cats CEO Stephen Teglas is no stranger to geographic expansion and IP development, as a former Senior Vice President at Warner Bros.

Asia has three times the total number of internet users than the next largest continent.

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 2.04 ETH, and has stayed relatively flat over the past 24 hours on 31 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

#4986sold at 12/01 4:12am for
2.29
#1254sold at 11/30 11:11pm for
2.30
#1862sold at 11/30 10:11pm for
2.10
#5603sold at 11/30 10:11pm for
2.00
#6143sold at 11/30 7:11pm for
2.20

Recent Cool Cats Listings

#7458listed at 12/01 6:12am for
2.04
#7458listed at 12/01 6:12am for
2.04
#6621listed at 12/01 6:12am for
8.00
#6621listed at 12/01 6:12am for
8.00
#5244listed at 12/01 5:12am for
3.00
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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