The Gutter Cat Gang is a new NF T project launching on the Ethereum blockchain with the initial launch minting done through the gutter cat NFT website and it will be purchasable on open sea. Like the Bored Ape Yacht Club, ownership of these gutter cat NFTs includes both creative and commercial right of your cat, as well as the ability to gain access to the backend rooms that create additional community.
The gutter cats are a collection of 3000 unique non fungible token avatars with a backstory around the post apocalyptic shatters of society. This project was briefly delayed due to the team, wanting to rework some of their release and minting process based on community feedback, and subset success of other projects including BAYC, and the bonsai trees. The project will be launching in the very near future. In fact, we expect an update within the next 24 hours.
Gutter Cat NFT Details
Each gutter cat will be released for point .07 ETH plus whatever gas fees are required for the transaction. What is great about this project is that the gutter cats will not follow a bonding curve or fear of missing out (FOMO) pricing mechanism. This is a big win as many NFT projects we’ve recently seen have implemented a bonding curve, which increases the price of NF T, based on the number of NFT’s sold. We view this is a great sign for confidence in the project by the creators to get teh Cats out into the market.
The initial drop of the gutter cats will be available by connecting your meta mask or other Ethereum wallet to the website, and the minting process will commence. After all of the cats have been minted, you will be able to go on open sea, and other platforms to purchase cats already on the blockchain.
Each of these cats are procedurally generated with 123 unique properties, like other derivative projects, including the crypto punks and others, each of these categories has varying levels of rarity and the categories include:
Like many of the other projects, the sense of community is very strong already around the gutter cats. It will be interesting to see what happens in the future with these projects, but we suspect that they will follow a similar drop mechanism to the Bored Ape Yacht Club, that will provide utility, excitement, and eventually, hopefully, additional drops that are air drops of NF T’s to the initial set of collectors are take our take. This is a fun project but it’s not going to be as big of a drop as the board a yacht club, or have the success. This is completely subjective but I do believe that the original drop will sell out incredibly quickly. But we don’t think that it will go to the heights that the BAYC has already achieved (at least in the same amount of time) but we could be wrong and we encourage collectors to ape and or cat in on this project if they like the art, they enjoy the community, and they like avatar themed non fungible tokens.
We’re going to have fun with this affordable and fun project. We hope you will too.