Cool Cats Groups to Expand NFT Offering with Investment from Animoca Brands

The investment will help Cool Cats to expand its product offering and become the largest global NFT brand.

Oct 7, 2022
by Michael
Cool Cats Groups to Expand NFT Offering with Investment from Animoca Brands
News

Cool Cats is Expanding its Product Offering

Cool cats Group, the web3 platform behind the blue-chip Cool Cats NFT collection, has announced it will use the strategic investment from Animoca Brands to expand its NFT offerings. The company is competing with Yuga Labs’ Bored Ape yacht Club and Cryptopunks to become the biggest NFT project in the world.

The executive chairman of Cool Cats Group, Ken Cron, said, 

“Yat is one of web3’s foremost thought leaders and he has built one of the most important companies in the industry. Working more closely with Animoca Brands will bring tremendous value to Cool Cats and its community. Our new CEO, Stephen Teglas, and the entire Cool Cats team couldn’t be more excited to get started.”

The strategic partnership will be of Great Benefit to Cool Cats NFT Holders

The investment to push the product offering came from a partnership with Gamee, a subsidiary of Animoca Brands. This strategic partnership is expected to bring more immersive experiences to Cool Cats NFT holders, such as community giveaways, raffles, and exclusive NFT claims.

The co-founder and executive chairman of Animoca Brands, Yat Siu, said, 

“Ken is one of the most experienced gaming and media executives in the world, and it has been my pleasure to have him as an Advisor to Animoca Brands’ Board of Directors for the past two years. Our belief in what the Cool Cats team has built, along with our commitment to the NFT space – which we believe will unlock the next frontier of gaming – could not be stronger.”

Weeks ago, Animoca Brands secured a $110 million at a $5.9 billion valuation to enhance its web3 adoption strategy. Additionally, the company is interested in partnering with companies and projects seeking to enter the metaverse space.

Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.
We have sent you an email, please confirm!


News Filter
Play Games Now
Galaxy Fight Club
Galaxy Fight Club
illuvium
illuvium
Gods Unchained
Gods Unchained