The Evolution of Cool Cats

In July 2021, a unique digital art initiative was born with the creation of Cool Cats, a collection of 9,999 cat-themed Non-Fungible Tokens (NFTs). Priced at an initial 0.02 ETH apiece, they were conceived by artist Tom Williamson (xtremetom) and quickly drew attention and celebrity backing, including endorsements from Mike Tyson and Steve Aoki. The ensuing months would witness an astronomical rise.

By the close of September, the floor price magnified eightfold from 2 ETH to 16 ETH. This striking upswing can be attributed to tactical moves, such as collaboration with TIME Magazine and teasing future projects like Cool Pets and the MILK token. The year concluded with a stable floor price of 10 ETH, setting the stage for future innovations.