Thread by @JennieCuteCat

Cool Cats has always been one of the strongest NFT “brands” and is very attractive at 7-9ETH price range, get in before they launch the game! Here is why… #coolcats #coolpets #WLTC @coolcatsnft @clon
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1/ Great art. It is instantly recognisable and is the OG in terms of usage of bold lines/pastel colors to make for good pfps. It has inspired a number of pfp projects which all followed a similar art genre.

2/ Team is doxed. CC is founded by Colin Egan (Clon), Evan Luza, Tom Williamson and Rob Mehew in Jul 2021. CC now has a total of 14 people and are hiring for 3 additional roles according to their website.

3/ Represented by CAA. Named Most Valuable Sports Agency by Forbes for eight consecutive years, CAA represents more than 2,000 of the world’s top athletes in football, baseball, basketball as well as actors, brands and so on...

...With CAA, Cool Cats and Cool Pets will look to expand use of the characters across licensing and merchandising, animated content, brand partnerships, live events and publishing. caa.com

4/ Milk $. The most recent townhall announced that $Milk will be reset & accelerated when game launches. $milk will be 2X for the duration of how long the delay of opening the Cooltopia. Currently $Milk is sitting around 6 cents on QuickSwap [I think it is an artificial price?]

Liquidity pool is about $3mn. Pls comment/dm me if I am wrong about LP or token price. @coolcatsnft #CoolCats #milk

5/ Great game. As far as I am aware, there aren’t any other NFT projects that are close to this level of gamification. Personally, I am not one to play games, but I can see the appeal of this Cooltopia game. It reminds me of the Happy Farm, which was a social network online game

based on farm management simulation. It was played predominantly in China and Taiwan in 2008. Because the tasks were so simple, many users could participate and at the height of its popularity, there were 25mn daily active users logging onto the game at least every 24 hours.

6/ Great unique holder %

7/ Concentration ratio is low and steady. Top 100 holders has < 20% of total supply. This is a positive for long term price stability.

8/ Number of listings is declining and has stabilised. Less sellers, good for floor price.

9/ Draw backs. The failed launch of Cooltopia in Jan has been messy and has caused some to lose faith and subsequently exited the project. Also, the value and tokenomics of $milk is yet to be determined.

10/ Summary. The real focus here is on the game and the Cooltopia ecosystem. There have been challenges to launch the game and IMO it has been fully priced in. The CC floor has found its support around 7ETH. Cats are now priced in the same range as BAKC (byproduct of BAYC

which doesn’t have much utility) and MNLTH (airdrop of CloneX) indicates mis-price gap here. The recent beetah testings has all gone v smoothly and the price now justifies taking a gamble on CC, before they launch the game. #WLTC #coolcats #cooltopia #coolpets

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