APENFT Partners Up With Tron-Based Cool Cats
27 Septembre 2021 - 1:30PM
NEWSBTC
APENFT Foundation steps up its efforts to support promising and
emerging non-fungible token projects on the Tron network. The
company announced a new strategic collaboration with Tron Cool Cats
— a spin-off of the Ethereum-based collection. This new partnership
will focus on providing ongoing marketing and product development
support to Tron Cool Cats. Following the recent creation of a $100
million fund dedicated to investing in high-quality NFT projects,
APENFT has been ramping up its efforts to spot such art collections
in the rapidly evolving Tron NFT landscape ecosystem. Excited to
announce we have established strategic cooperation with
@CoolCatsTron. NFT special fund will be used for the development
and operation of @CoolCatsTron projects. We will jointly promote
the construction of TRON NFT ecology. @justinsuntron
@Tronfoundation @BitTorrent 🥳 pic.twitter.com/wDxqHrs51Q — APENFT
(@apenftorg) September 25, 2021 “This strategic collaboration with
APENFT means a great deal for our team and the entire Cool Cats
community. The deal will not only help our kitties grow faster and
stronger, but also it is a statement to our commitment to
delivering quality art and outstanding secondary market support,”
wrote the company in an email to NewsBTC. APENFT Foundation is a
curotial project committed to bringing emerging and tier-one art
into the blockchain in the form of non-fungible tokens. Despite not
being around for a long time, the company has already played a
significant role in supporting some of Tron network’s most popular
and fastest-selling NFT collections, such as Tpunks and Tron
Meebits. APENFT also owns digital art pieces from the world’s top
crypto artists Beeple and Pak worth over $30 million. Tron Cool
Cats Minting: Ongoing Meowing On Tron As most of the world-famous
NFT collections, Tron Cool Cats consists of a series of 10,000
randomly generated artworks. Each of these kittens features a
distinctive combination of visual attributes, such as eye color,
fur shade, hairstyle, clothing, among many others. These truly
unique (and cute) cats count on the support of Palmar Labs. Unlike
the very first Ethereum-launched series, Tron Cool Cats are minted
using the new TRC-721 standard. As the NFT market continues to
expand its frontiers, artists and developers are exploring options
to reduce minting costs. Through its new standard for NFTs, the
Tron network offers a viable alternative to Ethereum’s high costs.
Following the steps of previous projects on this network, Tron Cool
Cats is offering a fixed minting price of 1,500 TRX or ~$135. If
these kitties were to follow the luck of their Ethereum
predecessors, holders could be looking at a whopping 150X value
increase. As of this writing, the bottom price for Ethereum Cool
Cats stands at 6.6 ETH or ~$19,200. Minting of Tron Cool Cats can
be done using TronLink — the go-to wallet for participants of the
Tron ecosystem — from both web-based browsers as well as mobile
devices. Klever wallets are also supported, according to project
representatives. Aside from the meows, Tron Cool Cats have plenty
more to share with their owners. The project has set a 10% TRX pool
for holders of multiple kittens. In other words, cat lovers holding
over 30 kitties are entitled to a share of the raised TRX. As the
next steps, Tron Cool Cats is getting ready to release its own
marketplace, where cat fans will be able to buy, sell, and bid with
absolute market transparency. But in the meantime, NFT collectors
still have time to get hold of these tiny but potentially very
valuable creatures.
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