Cool Cats is among the top 20 NFT project in terms of annual sales volume. It follows other NFT projects such as Cryptopunks and Meebits that have signed deals with talent managers or agencies.
Cool Cats Creators & CAA Ink Licensing Agreement
CAA, a talent agency that represents many clients in entertainment and sport, has announced it has signed an agreement with the developers of the NFT project cool Cats. Rob Mehew and Evan Luza created the randomly generated NFTs using Ethereum blockchain in July 2021. Cool Cats is a compilation of 9,999 randomly assembled cats with more than 300,000.
“The world that we’re building is full of imagination and full of just things to explore,” the project’s co-founder Colin Egan told hollywoodreporter.com author J. Clara Chan on Friday. Egan said, “It’s more of an experience than just a JPEG.” Egan made the first versions of the cat illustrations while in high school.
Bitcoin.com News reported on several NFT projects that signed deals with talent agencies. United Talent Agency (UTA reported that the company had signed three NFT projects from Larva Labs in September 2021. CAA signed a deal to the NFT asset collector “0xb1” in October.
CAA stated at the time that it would help NFT collectors 0xb1 “monetize” their collections of NFTs via licensing and brand partnerships. Guy Oseary, the NFT project World of Women , explained that WoW’s brand would be featured across many media platforms.
According to all time sales volume statistics for NFT collections, dappradar.com shows that Cool Cats currently ranks 11th in terms of NFT projects. Cool Cats has a total of $290.44million in sales, including 35,939 sales. The Cool Cats floor prices are currently 8.5ether and $25,900 for NFTs. Cool Cats’ overall market capitalization is around $261 million, according to metrics.
Coingecko.com data and Dune Analytics indicate that between 5,372 and 5,379 addresses have at least one Cool Cats NFT. A single address can command 323 Cool Cats, and the average owner owns at least two Cool Cats NFTs.
Cool Cats’ co-founder Evan Luza told hollywoodreporter.com author J. Clara Chan that the goal is to “transcend the small niche that is just NFT, blockchain-centric” further with other mediums stemming from the intellectual property (IP). A Cool Cats NFT was featured in a teaser clip by Yuga Labs on March 19. It is about the secret project that will be powered by Apecoin (APE).
Cool Cats is also affiliated with the companion NFT project Cold Pets. This NFT collection starts as an egg-formed pet and then hatches into a pet that grows through its life. Each Cool Pets NFT is unique at the end and each Cool Pets NFT “ultimately inherits an element: Grass. Fire. Water. Or Air.” The Cool Cats team also introduced Cooltopia. Cool Pets must complete quests to unlock items and evolve their pets.