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AUSTIN, TX, 5 October 2022 – Cool Cats Group LLC, the web3 firm behind the enduring blue-chip NFT assortment Cool Cats, introduced right this moment that it has acquired a strategic funding from Animoca Brands, the corporate advancing digital property rights for gaming and the open metaverse. The partnership will drive Cool Cats’ mission to change into the biggest world NFT model and a strong media and content material firm, together with by means of enlargement of its gaming choices.
This strategic partnership is the end result of a longstanding relationship between Ken Cron, Executive Chairman of Cool Cats Group, and Yat Siu, Co-Founder and Executive Chairman of Animoca Brands. “Yat is one of web3’s foremost thought leaders and he has built one of the most important companies in the industry,” stated Cron. “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.”
On September 1, Cool Cats introduced it was partnering with GAMEE, one in all Animoca Brands’ subsidiaries that constructed a digital informal gaming house connecting gamers, manufacturers, and recreation creators. As a part of the GAMEE partnership, Cool Cats holders have been in a position to entry unique NFT claims, raffles, and group giveaways.
“Cool Cats is a leading example of metaverse native IP based on the principle of decentralized ownership,” stated Siu. “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.”
Animoca Brands, which lately closed a strategic funding spherical of US$110 million from a consortium of recent traders, has been persistently working to ship true digital possession of customers’ digital belongings and to advance the open metaverse – with a specific focus on GameFi alternatives, together with play-and-earn. The mixture of Cool Cats and Animoca Brands will allow each firms to ship distinctive and compelling gaming experiences to their respective communities and the broader gaming viewers.
“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,” stated Teglas. “Many inside our group already take pleasure in Animoca Brands’ properties and we are able to’t look ahead to Cool Cats holders to comprehend the worth of our deepened relationship with Animoca Brands. We stay up for sharing bulletins over the approaching weeks and months as we roll out our partnership.”
About Cool Cats Group LLC
Cool Cats is a assortment of 9,999 randomly generated and stylistically curated NFTs that exist on the Ethereum Blockchain. Though Cool Cats exploded within the web3 house on its July 1, 2021 launch day, the NFT model comes from humble origins: it originates from the beloved comedian character “Blue Cat,” as delivered to life by artist Colin Egan in 2013. Now “Blue Cat” is immortalized on the blockchain ceaselessly because the face of the Cool Cats origin assortment, and his fellow anthropomorphic associates will be a part of him in future NFT collections below the “Cool” umbrella. Beyond characters, comics, video games, apps, merchandise, and animations, Cool Cats delivers inclusive, impactful, community-driven content material by means of immersive storytelling. Beloved by many — together with celeb collectors Reese Witherspoon, Bill Murray, Mario Bautista, Alexis Ohanian, Marc Benioff, Josh Hart, and Mike Shinoda — the Cool Cats model resonates extensively. Cool Cats not solely defines but additionally celebrates what it means to be cool.
About Animoca Brands
Animoca Brands, a Deloitte Tech Fast winner and ranked within the Financial Times record of High Growth Companies Asia-Pacific 2021, is a frontrunner in digital leisure, blockchain, and gamification that’s working to advance digital property rights and contribute to the institution of the open metaverse. The firm develops and publishes a broad portfolio of merchandise together with the REVV token and SAND token; unique video games together with The Sandbox, Crazy Kings, and Crazy Defense Heroes; and merchandise using standard mental properties together with Disney, WWE, Snoop Dogg, The Walking Dead, Power Rangers, MotoGP™, and Formula E. It has a number of subsidiaries, together with The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Forj, Lympo, Grease Monkey Games, Eden Games, Darewise, Notre Game, TinyTap, and Be Media. Animoca Brands has a rising portfolio of greater than 380 investments, together with Colossal, Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony, Alien Worlds, Star Atlas, and others. For extra data go to www.animocabrands.com or observe on Twitter or Facebook.
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