On YouTube in 2014, videos of cats doing anything and everything had a recognition of more than 27 billion views in that year alone! Determined thanks to research work in 2015 thanks to Indiana University.
Through this information revealed, in addition to the fact that people determined that cats were the mascot of the internet, it is normal that within every field these are successful, especially in the virtual. Therefore, it is no coincidence that Gutter Cats has sold out all of its avatars within 10 minutes of its launch.
And this is not the only project that is successful thanks to animals, since in 2017 if predecessor CryptoKitties, exploded the network with its tender game and with high-value avatars. But today we will not look at him, let’s talk a little more about the latest: Gutter Cat Gang and its impact on NFTs.
What is Gutter Cat Gang?
Gutter Cat or Gutter Cat Gang is one of many NFT collectible projects. In particular it features 3000 unique cat avatars that have the ability to have exclusive benefits and special activities within the community or “Gang”.
Its collection model is quite similar to Bored Ape Yacht Club, and like it, it has been a great success among cryptocurrency and BlockChains enthusiasts.
This project was released on June 4 at the small price of 0.05 Ethereum. But with only 4 months of launch, its minimum price was 5.99 ETH. Therefore, the Gutter Cat has a minimum price of $22,137. Therefore, the current trading volume has made it an estimated $40,000,000 in the OpenSea market alone.
What are the characteristics of the Gutter Cats?
The initial project with the 3,000 Gutter Cats Avatars has 123 original and non-repeatable properties that have different types of rarities divided into these categories: fur, background, eyes, mouths, shirts, sobreron, earrings, necklaces, bears.
Each project has a narrative, that of Gutter Cats is based in 2050 and dictates that our race left the earth as only post-apocalyptic remains, turning it into an interplanetary.
After our departure, the cats decided to repopulate the earth and one of the anonymous and crime-ridden towns is led by The Gutter Cat Gang.
What progress has it made since its launch?
The same July, the Gutter Cat Gang project decided to expand its territories to different types of avatars. Among them we can highlight Gutter Rats, Gutter Dogs and Gutter Pigeons, which so far is their final collection.
For now the Gutter Dogs have been kept at an estimated price of 1.5 ETH,or in other words, $5,000. While the pigeons cost 0.9 ETH, or $3,000. And at the top of the collections we find the ones that started all the hype, the Original Gutter Cats.
Although the release of the Gutter Cats extra collections didn’t have as much hype as the Bored Ape Yacht Club with the mutants in August, the way Gutter Cat Gang took it is quite good and you can see the creative effort that their creators have had to keep their illustrations fresh and constant in the current market.
After launching Gutter Rats, it was quite quiet but not inactive. The minimum price for a Gutter Rat is 1.1 ETH, until September.
Sales skyrocketed when they released Gutter Species Passes, which as the name dictates, is a NFT pass that allows people who have purchased an avatar from the collection to have the right to have a third and fourth species, which are dogs and pigeons.
With the release of this ticket, there was a surge in transactions on OpenSea, reaching over $16 million in trades on the first day of sales alone, even though it was not known what the next species would be. Although Gutter Cat Gang were in the top 100 on the NFT box office chart, the special passes reached the 40th spot, surpassing the originals.
Like any other project that remains among NFT’s most popular, the creators of Gutter Cats must take care to keep their community active and willing to engage with them to avoid a drop in the top sellers. But they in particular remain stable, as they managed to increase the number of followers to more than 37 thousand and their Discord channel has an active group of more than 2000 members or owners.
Some of the activities that keep Gutter Cat Gang active are from recent announcements that dictate collaborations with various NFT artists, plus some limited edition comic releases, framed and custom prints for owners and even a $500,000 grant to support the community to increase.
Collaboration and initiative is highly appreciated among the community, and Gutter Cat is no slouch. As it has a friendly partnership with The House of Kibaa, a studio that handles virtual reality. Therefore, we will most likely encounter 3D avatars of these animals. And the best part is that there are rewards for people who belong to the clubs, such as ,portable devices, vehicles, pets and real estate within the virtual reality of Kibaa House.
Gutter Cats in the physical world
On September 17 this year, the Gutter Cat Gang company had a new premiere called GutterCon. This was a community meeting that lasted three days in Las Vegas.
In the development of the meeting, the boundary between virtuality and the real world was crossed, making a fusion through the event to offer a unique experience.
Owners of cat, rat or different species passes received extra sweeteners like air drops from acclaimed artist and illustrator JP Downer.
Although it started as a simple project to copy or match, and considering it will only stay at 3,000 NFT, Gutter Cats has found a way to not rely on creating more NFT, but extra events that allow them to call more people from the community. An example to follow for any aspirant who wants to stay on top.