Investing 42.94 ETH ($175,000) into the cool cats NFT project

What can go right?

• ETH is on the rise, NFTs dropped (CC floor 14 → 6). Historically it looks like NFTs will catch up shortly; making this a good entry point.
• Coinbase will launch their NFT platform. This will be a major catalyst to the industry. If Coinbase does to NFTs what they did to BTC in 2013, this will bring millions of new people to the market. Blue chip projects will be most appealing.
• CC is all about community. I am part of > 50 discord channels. This is the one where I met the nicest people and where I consistently get the most value from.
• The team is not focused on floor prices but on driving more holders to the project and building an ecosystem. The token-holder ratio is close to 50% and growing.
• The art is family friendly, making it appealing to tons of brand partnerships.
• Roadmap is by far the most exciting ($MILK, $GOLD, pets, gamifaction, gametheory). This hints towards a Pokemon-style NFT ecosystem.

What could go wrong?

• Collectibles / PFP die as a whole. I do not expect NFTs in general to go away.
• The CC team decides to stop working on the project. They don’t have a fiduciary duty or other legal obligations towards the project. I don’t expect the project to be able to survive at the absence of the team (unlike Cryptopunks or generative art projects).

Assets Purchased

those cats are listed at the floor and available for purchase at the time of writing.