Cool Cats NFT recently announced it received a strategic investment from Animoca Brands, a Web3 Venture. The team will use the investment funds to expand its gaming offerings.
Animoca Brands’ chairman Yat Siu and Cool Cats Group chairman Ken Cron are strengthening their business relationship that “will bring tremendous value to Cool Cats and its community,” said Cron.
Cool Cats NFT has been actively involved in new development projects. On its roadmap, the company has mentioned building a game for holders that will be launched soon.
In fact, the NFT project is actively working with Animoca Brands’ subsidiary, GAMEE, to design a virtual gaming space for players and creators, giving its holders exclusive benefits as well.
“Cool Cats is a leading example of metaverse native IP based on the principle of decentralized ownership,” said Siu. “Ken is one of the most experienced gaming and media executives in the world.
Both executives have quite positive views about each other which shows that the strategic investment will be a successful deployment of the Cool Cats NFT’s future gaming offerings.
“Many within our community already enjoy Animoca Brands’ properties and we can’t wait for Cool Cats holders to realize the value of our deepened relationship with Animoca Brands,” said CEO Teglas.