Cool Cats Receives Strategic Investment from Animoca Brands

 
NFTs

Listen to this article Playing article

Cool Cats , the leading purveyor of lovable blue cat NFTs, announced earlier today that it has secured a strategic investment from Animoca Brands , a global leader in the development and publishing of mobile games and apps. The investment will be used to build out Cool Cats’ gaming plans while accelerating the NFT brand’s plans for global expansion. Cool Cats has been head down in recent months, so let’s take a look at what this investment means for the brand…

Animoca Continuing to Back the Cats!

The strategic investment secured by Cool Cats is for an undisclosed amount, but it comes off the heels of longstanding support between Animoca and the Cool Cats brand. Just last month, Cool Cats partnered with Animoca Brands subsidiary, GAMEE , to launch a Cool Cats game on Arc8 . The game is a hexa-based numbered tile game, and the collaboration itself involves Cool Cats and Arc8 hosting tournaments. Prizes range from Cool Cats NFTs to merchandise packs and more…

The game is still ongoing and you can check it out here: https://app.gamee.com/partner/cool-pets

This investment from Animoca Brands represents the next level of commitment between the two companies and will go towards Cool Cats building out its gaming plans while also accelerating the NFT brand’s plans for global expansion.

Recently appointed Cool Cats CEO Stephen Teglas had this to say:

“We’re thrilled to work more closely with Animoca Brands and tap into their deep gaming expertise to open up new immersive experiences for the Cool Cats community. Many within our community already enjoy Animoca Brands’ properties and we can’t wait for Cool Cats holders to realize the value of our deepened relationship with Animoca Brands. We look forward to sharing announcements over the coming weeks and months as we roll out our partnership.”

Stephen Teglas was recently appointed the CEO of Cool Cats

This is big news for both companies but also for the blockchain gaming industry as a whole. Animoca Brands has been at the forefront of blockchain gaming for quite some time, and they have been one of the primary driving forces in helping to bring mainstream adoption to the space. With their investment in Cool Cats, it proves that they believe in the long-term success of the Cool Cats brand and ecosystem.

What’s Next for Cool Cats?

There’s no denying that Cool Cats have been busy over the last few weeks as they continue to scale their brand and look for new opportunities to expand their ecosystem. This includes the hiring of Stephen Teglas as their CEO, the launch of Cool Comics, and their recent collaboration with HabboNFT .

Check out our article Cool Comics by Cool Cats - What Are They? And How Do I Get One? by clicking here.

And let’s also not forget all the great merchandise they’ve released just in time for Spooky Season !

Despite the current sentiment surrounding the NFT market right now, strong brands continue to build and look towards the future.

So what are your thoughts on this new investment in the Cool Cats brand? Totally awesome? Or nothing special? Tell us what you think!

If you buy something through our posts, MSQ may get a share of the sale. For more details, read here.
Ray doesn't believe the metaverse will be viable until we can engage in hand to hand combat via haptic suits.

Join Newsletter

Share:

Comments 0

Log in to post a comment ...