Latest Cool Pets News
Stephen Teglas announced he is stepping down as Cool Cats CEO, with artist and founder Clon taking a larger leadership role and leading daily operations starting today.
The Deets
- Clon assumes responsibility for strategy, operations, and creative direction.
- Stephen Teglas (@ChiefCoolCat) stepped down as the CEO of Cool Cats.
- A Twitter Spaces event is set for 3:00 p.m. ET to discuss the transition.
The Bulk
Cool Cats made a significant leadership move. As of today, Cool Cats founder and artist Clon is stepping into a comprehensive leadership role, handling both overarching strategy and day-to-day operations. This move aligns with the brand's direction, emphasizing Clon's prowess in guiding the creative direction for the project.
In another big announcement, Stephen, who went by @ChiefCoolCat on Twitter, has resigned from his position as CEO. The community has expressed its gratitude for Stephen's contributions, acknowledging the foundational role he played in establishing Cool Cats as a notable entity in the NFT space.
Further details on this transition and its implications for the future of Cool Cats will be discussed in a Twitter Spaces event, scheduled for 3:00 p.m. ET.
🎤 Founder Feedback
It was a privilege to work on behalf of the Cool Cats community to build the brand, expand the audience and to engage the fans with our experiences to maximize and grow the brand value. I will be cheering on the Cool Cats.Stephen Teglas}
🔜 What's Next?
A community discussion will be held today at 3:00 p.m. ET to discuss the next steps for the brand.
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Cool Cats is partnering with three video game development firms, two owned by Animoca Brands, to create unique, immersive gaming experiences for its fanbase, according to a report from The Block.
The Deets
- Partnering Studios: nWay, iCandy, and Sync Studios
- Game Types: Multiplayer arcade, endless running game, and a "match3" puzzle game
- Projected Launch: By the end of 2024
- Strategic Partnership: nWay and iCandy are owned by Animoca Brands, the lead investor in Cool Cats' recent funding round
The Bulk
Aiming to expand its impact in gaming, Cool Cats is teaming up with three video game development studios - nWay, iCandy, and Sync Studios - to create immersive games featuring Cool Cats IP.
With nWay, a competitive multiplayer arcade game is in the works. iCandy, on the other hand, is assisting in developing an endless running game. Lastly, Sync Studios is contributing to the creation of a "match3" game, offering a puzzle-like matching experience similar to Candy Crush.
These planned games are expected to hit the market by the end of 2024.
🎤 Founder Feedback:
Our new games are critical to our ongoing mission of developing Cool Cats into a globally known character brand, and a robust storytelling and content company.Stephen Teglas, Cool Cats CEO to The Block
🔜 What's Next?
Cool Cats and its partners are hard at work developing these games. Collectors should watch out for further announcements regarding game launches and associated promotions.
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Cool Cats will partner with notable game developers to launch three games and significantly update their Cool Pets collection in the coming year. The notes come as part of a larger ecosystem update provided during a community Town Hall.
The Deets
- Cool Pets' forthcoming upgrade: Expanded character development, new artwork, and enhanced utility within the Cool Cats ecosystem
- Active generation of $MILK, the project's native token, to be discontinued from July 27, 2023
- A final $MILK burn event with physical and digital rewards to be held this summer
- Cooltopia items like Pet Questing and Cat Gathering to gain further utility in the upcoming avatar system
The Bulk
One of the most significant revelations is the plan to collaborate with well-known game developers to roll out three new games over the next year. The project is hopeful this strategic alliance will contribute to increasing the global visibility and engagement of the Cool Cats brand.
Further, the Cool Pets collection will undergo a major revamp. This summer, owners can look forward to more in-depth character development, new artwork, and amplified utility in the Cool Cats ecosystem for their Cool Pets.
Additionally, active $MILK generation will cease on July 27, 2023. In a final celebratory move, a $MILK burn event will take place later in the summer, offering physical and digital rewards to those who participate.
Existing Cooltopia items, such as Pet Questing and Cat Gathering, will soon find added utility in the project's forthcoming avatar system, reinforcing the value proposition for holders.
🔜 What's Next?
Specific details surrounding the functionality of Cooltopia questing items and the $MILK burn event will be revealed in the coming weeks. As Cool Cats evolves, community members should stay engaged for updates and opportunities.
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Cool Cats revealed Journey 9, an adventure in Sapphire Town, alongside updates to the Cool Score system.
The Deets
- Marshmallow Mountains: Historically destructive for Sapphire Town
- Journey 9: The latest immersive event from Cool Cats
- Cool Score Update: Significant changes introduced, including Shadow Wolf Points and NFT Achievements
- Participation details: Join by 3:00 p.m. ET May 29
The Bulk
Journey 9 isn't the only major development Cool Cats is introducing. Significant updates to the Cool Score system have been announced, promising a more dynamic and balanced experience for the Cool Cats community.
Among the updates, Shadow Wolf Points have been introduced, contributing 25 points to a holder's Cool Score, subject to a 5% diminishing return for each subsequent Shadow Wolf. This strategic element is designed to make earning points both challenging and rewarding.
The outdated "Participation Scores" have been replaced by "NFT Achievements," recognizing holders of Gold/Silver Season Achievement NFTs, Aurorium, and Umbrium NFTs. This change reflects active participation in Journeys more accurately.
Further changes include adjustments to Cool Pets' contribution to Cool Scores, the removal of the Final Evolution Stage Bonus for Cool Pets, a decrease in the maximum impact from quests, and changes to Cool Cats Football Club (CCFC) scores.
🎬 Take Action
Those hoping to participate in Journey 9 must do so before 3:00 p.m. ET on May 29.
Cool Cats kicks off Season 2 of Journeys, offering two new reward categories for holders of Cool Cats, Cool Pets, and Shadow Wolves.
The Deets
- Season 2 will alternate Journeys between Cooltopia and the Wandering Territory every Thursday
- To participate, holders must own a Cool Cat, Cool Pet, or Shadow Wolf
- Fractures must be converted into Shadow Wolves before the mint window ends on May 19 at 3:00 p.m. ET
- Both Cool Cats/Cool Pets and Shadow Wolves have separate reward categories, broken into four tiers
The Bulk
Cool Cats launched the second season of its Journeys event. The initiative is set to alternate every week between the group's two main communities: Cooltopia, the home of Cool Cats and Cool Pets, and the Wandering Territory, the habitat of Shadow Wolves.
To engage in these journeys, holders must have either a Cool Cat, Cool Pet, or Shadow Wolf. In addition, Fractures, another asset type, must be burned and converted into Shadow Wolves before the mint window closes on May 19 at 3:00 p.m. ET to preserve their utility.
In this second season, the Cool Cats team is introducing two new reward categories. These rewards, unique to each respective group, are divided into four tiers. The reward systems and tiers, carrying distinct significance for the future, look set to heighten the overall participation and excitement around the event.
🎬 Take Action
Interested in joining the Journeys? Make sure you hold a Cool Cat, Cool Pet, or Shadow Wolf, and if you own a Fracture, don’t forget to mint it into a Shadow Wolf before the deadline.
🧠 Learn More
Cool Cats released the Kritten, a new character that will play an important role in Journeys and daily battles.
The Deets
- New Kritten Trophy available
- Boss Battle Requirements REVAMPED
- More Battles, More Fun
The Details
The Kritten Trophy is an exciting new reward that unlocks valuable bonuses in upcoming Journeys. This highly sought-after prize is sure to entice players with its potential for new bonuses.
The developers have listened to player feedback and revamped the boss battle requirements to make better use of players' resources. This update encourages more strategic gameplay and caters to the players' demands.
Cool Cats and Pets can now participate in three boss battles per day, providing more opportunities to prove their prowess and have fun.
❗️Why It Matters
Cool Cats has committed itself to strengthening its brand through character building and lore, and the Kritten is the latest example of such. While the Kritten is not yet represented as an ownable NFT, the team insists that interacting with and earning the Kritten Trophy will be extremely valuable.
The co-founder of the Cool Cats NFT project, Lynqnoid, announced a departure from daily operations, while hinting at an upcoming project.
The Deets
- Stepping down from day-to-day work at Cool Cats
- Remaining on board and maintaining an interest in the project
- New venture in world building and storytelling coming up
- Gratitude for support and anticipation for the future
The Details
The co-founder of the popular Cool Cats NFT project has revealed they will no longer be involved in the day-to-day operations of the project. Despite stepping down, Lynqnoid will remain on the board and maintain an interest in Cool Cats, ensuring their continued support and advice.
🎤 Founder Feedback
I am proud of the foundation that the world building team created and look forward to what Cool Cats does next. I remain on the board and have an interest in Cool Cats, which in turn means I will continue to advise and help where I can.Lynqnoid
❗️Why It Matters
Lynq's departure from Cool Cats means that two members of the founding team have now stepped away from the project to focus on their own projects and experiments. It's ironic timing as the project just launched the Shadow Wolves and recently announced a major partnership with Futureverse (which included a minority equity swap), signaling future moves and promise for the brand.
🧠 Learn More
- Cool Cats Partners With Futureverse
- Cool Cats Expands With Shadow Wolves
- Cool Cats Co-Founder Steps Back
Cool Cats introduced Shadow Wolves NFTs as an expansion of its dynamic gameplay and competitive experiences in the Cool Cats ecosystem.
The Deets
- Shadow Wolves classified as 'Super Cool' members, a membership NFT like Cool Pets
- There will unique Journeys and exclusive items for Shadow Wolves
- Free to mint by burning a Cool Cats Fracture
- Minting period: Apr. 20 through May 19
The Details
Shadow Wolves NFTs will be classified as 'Super Cool' members, a tier like Cool Pets NFTs.
Shadow Wolves holders will have access to unique Journeys and exclusive items, allowing them to enjoy a diverse range of experiences. To mint a Shadow Wolf, users will need a Cool Cats Fracture and enough Ethereum to cover the gas fee.
The minting period for Shadow Wolves will last from April 20 to May 19. If users fail to burn their Fracture NFTs within this time frame, the Fracture NFTs will become useless. Users can enjoy early access to special drops, releases, exclusive merchandise, real-life events, partnership perks, and more by holding a Shadow Wolf NFT.
❗️Why It Matters
The introduction of Shadow Wolves NFTs starts another chapter in the growing IP of the Cool Cats brand, which just swapped minority equity stakes with Futureverse. While Cool Cats bolsters strong IP, Futureverse will continue to utilize its technology infrastructure to offer ecosystem participants fun and engaging ways to participate with the brand, which has been a core focus for Cool Cats and its Journeys.
🎬 Take Action
Fractures holders can mint their Shadow Wolves NFT today, though a time has not yet been announced.
Journey 5 has launched, offering Cool Cats holders interactive, gamified storytelling experiences with puzzles, riddles, and rewards.
The Deets
- Journeys act as "missions" with engagement opportunities for Cool Cats holders
- Each Journey lasts two weeks, unlocking new story levels and rewards
- Journey 5 has a 96-hour window to join, with a deadline of 3:00 p.m. ET on April 10
- Participants' Journey Score depends on their Cool Score and Activity Bonus
The Details
Journeys provide Cool Cats holders with an immersive, gamified experience that combines storytelling, puzzles, and riddles. Each Journey lasts two weeks, during which participants can unlock new levels of the story and become eligible for rewards by completing various activities. Journey 5 is now live, allowing Cool Cats holders to dive into Blue's journey into Cooltopia.
To join Journey 5, select map marker "5," and follow the steps to complete the puzzle and soft-stake assets. The deadline to stake is 3:00 p.m. ET on April 10.
A Journey Score represents a participant's cumulative score for a single Journey. It consists of their base Cool Score and an Activity Bonus earned by completing activities within the Journey. The higher the Journey Score, the better the potential rewards.
🎬 Take Action
To participate in Journey 5, follow these steps on the site before 3:00 p.m. ET on Apr. 10.
🧠 Learn More
Cooltopia has added Journey progression to all profile pages and launched Cool Score leaderboards for users to track their progress and compete with friends, according to an annoucement from the Cool Cats team.
❗Why It Matters
Cooltopia's updates make the platform more engaging and rewarding for users, encouraging them to stay active and motivated in their Journey. Additionally, now users can quickly compare their Cool Score to other users which fosters competition between Cool Cats community members.
🎤 Community Quotes
Kudos to the team for the continuous improvements. Night and day from just a couple of months ago. Keep it up!turiman
🎬 Take Action
Users can start tracking their Cool Score on the new leaderboards and track their Journey progress on their own profile pages.
🧠 Learn More
