Cool Cats NFT Collection Joins Macy’s Thanksgiving Day Parade
Introduction
The iconic NFT collection, Cool Cats, has made history by joining characters like Pikachu and Ronald McDonald as a Macy’s Thanksgiving Day Parade balloon. The Cool Cats balloon, featuring the collection’s main character Blue Cat and milk carton Chugs, has made its debut alongside the launch of a YouTube Shorts series titled “The Milk Chug”.
Launch Event
In celebration of this milestone, a limited-edition Cool Cats hoodie will be available at Herald Square Macy’s. The hoodie comes with an NFC tag that links to an Azuki physical backed token, allowing the garment to be worn both in real life and in Cool Cats’ digital avatar system.
Background of Cool Cats
The Cool Cats NFT collection was created by artist Colin ‘Clon’ Egan. It originated as a series of artworks by the ‘Catoonist’ and transitioned to Instagram in 2015. In 2021, Clon launched the Cool Cats NFT collection, consisting of 9,999 Blue Cat PFPs. The project quickly gained popularity during the late 2021 NFT boom, with prices averaging $92,000. The collection even signed with the top Hollywood agency CAA in early 2022.
However, the project faced challenges as prices began to tumble amidst community discontent and a broader crypto market downturn. Nevertheless, earlier this year, the collection announced plans to expand to multiple blockchain networks and licensed its IP to games studios.
Current Status
The floor price for the collection currently stands at 0.99 ETH, or just over $2,000 at current prices. Additionally, the volume for the collection has spiked by 225% in the last day to 57.9 ETH, indicating a resurgence in interest and activity.
Conclusion
The inclusion of the Cool Cats balloon in the Macy’s Thanksgiving Day Parade represents a significant milestone for the NFT collection and further solidifies its place in pop culture. This achievement also highlights the growing intersection between digital and physical realms, as seen in the integration of NFC technology in the limited-edition Cool Cats hoodie.
As the Cool Cats collection continues to evolve and adapt to the ever-changing NFT landscape, its presence in mainstream events like the Macy’s Thanksgiving Day Parade further cements its position as a leader in the world of digital art and collectibles.
