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> https://www.coingecko.com/en/nft/cool-cats https://www.coingecko.com/en/nft/cool-cats : man's been given a sense of purpose and belonging, and it only cost hi
by cableshaft 5y ago
> https://www.coingecko.com/en/nft/cool-cats https://www.coingecko.com/en/nft/cool-cats : man's been given a sense of purpose and belonging, and it only cost him thirty-seven thousand dollars?
"Priced at 0.06 ETH each, Cool Cats first sold 300 NFTs, before lowering the price to 0.02 per mint. It took about eight hours to sell out, and in the days to come, the project would begin to explode across the NFT ecosystem."[1]
They might have bought one at mint, which at ~$2200 ETH prices in early July 2021, 0.02 ETH would have been around $44.
$44 on something that is now worth a minimum of $37k in less than six months can be life-changing. And if he got a more rare one it could potentially sell for 50-300 ETH, or 180k-1.1million USD.
Considering I've heard people say that $10k in student loan forgiveness would be life-changing for them, I'd say that's pretty life-changing.
[1]: https://nftnow.com/guides/cool-cats-guide https://nftnow.com/guides/cool-cats-guide