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Cool Cats NFT Guide: How the Collection Works and How to Buy

Cool Cats is one of the best-known Ethereum profile-picture collections. This guide covers what it is, how the 9,999 cats work, how to buy one safely and what risks to weigh first.

By the DappsAtlas editorial team · Updated

Illustration for Cool Cats NFT Guide: How the Collection Works and How to Buy

What is Cool Cats?

Cool Cats is a profile-picture (PFP) collection of 9,999 cartoon cats on the Ethereum blockchain. It launched in mid-2021, during the first big wave of PFP projects that followed CryptoPunks and Bored Ape Yacht Club. Each cat is a separate non-fungible token, so each one has its own token ID and can be owned, sent and sold individually.

The art is a flat, friendly cartoon style. A cat is assembled from layered traits such as body colour, hats, shirts, face expressions and accessories. The combination of traits makes each cat visually distinct, and some traits appear far less often than others.

Like most PFP collections, Cool Cats works on two levels:

  • As an image you can use. Many holders set their cat as a profile picture on social platforms and in wallets, which signals membership in the community.
  • As a brand and community. The team behind the project has tried to extend the collection into a wider brand, with companion collections and content. The details of that roadmap change over time, so check the official channels for the current state.

A Cool Cat is not a share in a company, and it does not carry a promise of profit or income. What the token gives you depends on the project's own terms, any rights it grants to holders, and what the community values at the time. This guide covers the stable parts: how the collection is built, how to buy safely, what to verify, and what can go wrong.

How does the collection work on Ethereum?

The main Cool Cats collection follows the ERC-721 standard, the common format for unique NFTs on Ethereum. The token itself is a record on the blockchain that says which wallet owns which token ID. The image and trait data are described in metadata that the token points to, and that metadata is typically stored off-chain, for example on decentralised file storage or a project-controlled server.

This matters for a few reasons:

  • Ownership is on-chain. Whoever controls the wallet holding the token controls the NFT. If you lose access to the wallet, you lose the cat.
  • Images depend on metadata hosting. If metadata is hosted on a server the team controls, it could in theory be changed or go offline. Look at how the collection's metadata is set up, and whether it has been frozen or moved to permanent storage.
  • Supply is fixed by the contract. The collection has 9,999 tokens, and you can confirm this on the verified contract page of a block explorer rather than trusting a marketplace banner.

Traits are the building blocks. Each trait has a count showing how many cats share it, and traits that appear on fewer cats are usually called rarer. Marketplaces and rarity tools calculate scores from those counts. Different tools weight traits differently, so two sites can rank the same cat differently.

The contract also determines how transfers work. Moving a cat to another wallet is a normal token transfer, and selling on a marketplace involves granting that marketplace permission, known as an approval, to move the token when a sale completes.

What goes beyond the PFP: Cool Pets and the wider brand

Cool Cats became more than a single set of 9,999 images. The team behind it built a brand around the cats, with a companion collection called Cool Pets and further products and experiences that have shifted over time. The brand-building approach is a big part of why the collection is discussed beyond its art.

A few things are worth understanding about this expansion:

  • Companion collections are separate assets. Cool Pets is its own contract with its own supply and market. Owning a Cool Cat does not mean you own a Cool Pet, and prices can move independently.
  • Roadmaps are plans, not guarantees. Announced games, shows, merchandise or tokens depend on the team's execution, funding and market conditions. Some projects deliver, and others quietly drop plans.
  • Holder rights vary. PFP projects differ on what they let holders do with the artwork, such as personal use or commercial use. Read the project's current terms rather than assuming.

Because the brand evolves, any statement about the latest launch, partnership or token belongs on the official channels, not in a static guide. A useful habit is to check three places before you buy: the project's official website, its verified social accounts, and the collection page on a marketplace. If they disagree on a contract address or link, stop and work out why.

For evergreen purposes, think of Cool Cats as an early-generation PFP collection with a brand-led strategy. That framing helps you judge claims about its future without relying on hype.

How do you buy a Cool Cat safely?

Buying a Cool Cat is a normal NFT purchase on Ethereum. The steps below keep the process simple and defensive.

  1. Set up a wallet you control. Use a reputable software wallet or, for larger amounts, a hardware wallet. Write down the recovery phrase offline and never share it with anyone.
  2. Fund it with ETH. You need ETH for the purchase and for network fees. Leave extra for fees, because they vary with network activity.
  3. Find the verified collection. Open a major NFT marketplace and search for Cool Cats. Check that the collection shows the verified badge, then compare the contract address with the one on the project's official website or social account.
  4. Browse listings. Filter by trait, price and listing type. Compare several similar cats and look at past sales, not just asking prices.
  5. Check the total cost. Add the price, marketplace fees if any, creator royalties if the listing applies them, and the network fee.
  6. Review the transaction in your wallet. Read what you are being asked to sign. A purchase should look like a purchase, not a broad permission to move all your tokens.
  7. Confirm the transfer. After the transaction confirms, check that the token appears in your wallet and on a block explorer.

Offers and bids are another route. You can place an offer below the asking price, and the owner may accept it. Offers typically require wrapped ETH and an approval, so only approve what the marketplace needs and revoke approvals you no longer use.

What should you verify before buying?

Most losses in NFTs come from avoidable mistakes, not market moves. Run through this checklist before you commit.

Check What to look for
Contract address Matches the official source and the verified collection page, not a lookalike
Token ID The cat you are looking at is the one being transferred in the transaction
Traits The listed traits match the metadata and are not misrepresented
Listing age and price Compare with recent sales of similar cats
Seller history Unusual wallet activity or very new accounts deserve caution
Fees Marketplace fee, royalty setting and network fee are all included
Approvals You are only approving what the marketplace needs

Fakes and copycats. Because Cool Cats is well known, copycat collections and fake listings exist. A copy can use the same artwork but sits on a different contract. Marketplaces flag verified collections, but the contract address is the only definitive check.

Rarity tools. Scores from rarity sites are a starting point. They don't account for how appealing a combination looks, and different sites calculate them differently. Use them to compare, not to set a price.

Liquidity. Look at how often cats actually trade and how large the gap is between the lowest listing and the highest bid. A wide gap means you may sell for much less than the floor.

Provenance. Review the token's transfer history on a block explorer. Rapid back-and-forth transfers between related wallets can be a sign of wash trading, which inflates apparent demand.

How do you check price and demand?

Prices for Cool Cats change constantly, and any number written in a guide goes stale quickly. Instead of quoting figures, here is where to find reliable data and how to read it.

Floor price. This is the lowest current listing in the collection. It is a snapshot, not a valuation, and it can be moved by a single low listing. Compare the floor across more than one marketplace.

Recent sales. Sales history shows what buyers actually paid. Sort by trait to see how a specific combination has traded, and ignore outliers that look like wash trades or mistaken listings.

Volume and holders. Trading volume and the number of unique holders give a sense of activity. A collection with few trades is harder to exit. A large share of supply held by a few wallets can add price risk if those wallets sell.

Where to check. Use the collection pages on major NFT marketplaces, NFT analytics dashboards, and a block explorer for on-chain transfers. Cross-check at least two sources, since each one can include or exclude different sales.

Pricing in ETH versus dollars. Cool Cats trade in ETH, so a flat ETH price can still lose dollar value if ETH falls. Decide which measure matters to you before you buy.

Treat any rarity-based price premium with care. Collectors may pay more for a trait they like, and tastes shift. A useful discipline is to set a price you are comfortable paying and holding through a long quiet period, rather than anchoring on a past peak.

Can you trade Cool Cats through NFT pools or strategy protocols?

A Cool Cat can be sold on a marketplace, but PFP collections can also be traded through pool-based protocols that give instant liquidity at a set price.

NFT pools. NFTX is an example. It turns NFTs from supported collections into vault-backed ERC-20 tokens. Depositing an NFT into a vault gives you vault tokens, and you can redeem tokens for NFTs held in the vault. This allows quick buying or selling near the pool's pricing rather than waiting for an individual buyer. The catch is that availability depends on the collection. Check whether a Cool Cats vault exists, how much liquidity it holds, and what fees apply. Pool pricing is generally based on the floor, so a rare cat deposited into a pool may be priced like a common one.

Automated strategy protocols. TokenWorks runs NFTStrategy, a protocol on Ethereum where tokens use trading fees to buy, relist and burn NFTs. These products are aimed at experienced, risk-tolerant users. They involve token price risk, smart-contract risk and design complexity beyond owning an NFT. Read how a given strategy works, which collections it targets, and what happens to the NFTs it buys before you put any money into it.

A general rule. Using DeFi tools around an NFT adds contract risk on top of market risk. If you don't understand how a vault, fee or burn mechanism works, don't use it. Start with a small amount, and check recent audits and community discussion for the protocol, remembering that an audit is not a guarantee.

What are the main risks?

A Cool Cat can lose value, and some risks are specific to NFTs.

  • Price volatility. PFP collections can fall sharply and stay low for long periods. Demand depends on attention, which is hard to predict.
  • Thin liquidity. You may not be able to sell quickly at the floor, especially for cats with unusual traits.
  • Roadmap risk. Announced plans may be delayed, changed or abandoned. Don't buy because of a promise of a future feature.
  • Platform risk. Marketplaces can change fees, policies or shut down. Foundation, an Ethereum NFT art marketplace, was taken offline by its team, which is a reminder that a platform you rely on can disappear. Hold your NFTs in your own wallet, not on a platform, and keep records of your transactions.
  • Scams and phishing. Fake mints, fake giveaways, direct messages with links and malicious approval requests are common. Be sceptical of anything urgent or too generous.
  • Metadata risk. If image or trait data is hosted somewhere that can change or go offline, the NFT's display can be affected.
  • Tax and legal. Selling or swapping NFTs can create a taxable event in many jurisdictions. Rules differ by country, so check local requirements or ask a qualified adviser.

Nothing here is financial advice. A reasonable approach is to size a purchase so that losing the full amount would not affect your finances, and to separate the money you spend on collectibles from savings and essentials.

How should you store and secure a Cool Cat?

Securing a Cool Cat is the same as securing any valuable token: protect the keys and limit permissions.

Wallet setup.

  • Use a hardware wallet for anything you would be upset to lose.
  • Keep your recovery phrase offline, on paper or metal, and never type it into a website or share it with support staff. Real support teams never ask for it.
  • Consider a separate hot wallet for minting and marketplace activity, and keep your valuable NFTs in a different wallet that rarely signs transactions.

Approvals.

  • Marketplaces need approval to transfer your NFT when it sells. That approval can stay active after you stop using the marketplace.
  • Review and revoke old approvals using a reputable approval-checking tool or your wallet's built-in options.
  • Be wary of any request to approve all tokens in a collection to an address you don't recognise.

Signing habits.

  • Read the transaction preview. Be careful with signature requests that you can't read.
  • Don't click links in direct messages, replies or unsolicited emails, even if they appear to come from the team.
  • Bookmark the marketplace and project sites rather than reaching them through search ads.

Record keeping. Save transaction hashes, dates and amounts for each purchase and sale. This helps with taxes and with proving ownership if there is a dispute.

If you think a wallet is compromised, move assets to a fresh wallet using a clean device, revoke approvals, and stop using the old one.

Is Cool Cats right for you?

Cool Cats suits people who like the art and the community and see an NFT as a collectible. It can be a poor fit if you need quick, predictable returns or can't tolerate big price swings.

Questions to ask yourself:

  • Do I like this art enough to hold it if the price drops?
  • Do I understand how to store it and what approvals I'm granting?
  • Is the amount small enough that losing it won't hurt me?
  • Have I checked the contract address, current listings and recent sales myself?

Where to keep learning. Read the project's official channels for current information about holder terms, companion collections and roadmap updates, and treat claims from third parties with caution. Look at several marketplaces and analytics dashboards for live data, and use a block explorer to verify contract details and transfer history.

Comparing alternatives. Other PFP collections have different supply sizes, art styles, rights terms and liquidity. Compare how actively a collection trades, what holders are allowed to do with the art, and how the team communicates, rather than choosing on name recognition alone.

The core idea is simple. A Cool Cat is a unique token on Ethereum with a recognisable cartoon design and a brand around it. Its value is set by what others will pay, which changes. If you buy, verify the contract, protect your wallet, size the purchase sensibly and keep your expectations realistic.

Frequently asked questions

How many Cool Cats NFTs are there?

The main collection has 9,999 cats and runs on Ethereum as ERC-721 tokens. Each token is a unique cartoon cat built from a set of traits. Check the official project channels and the verified contract page on a block explorer to confirm the supply.

What is the difference between Cool Cats and Cool Pets?

Cool Pets is a companion collection tied to the Cool Cats brand. It is a separate contract with its own supply, traits and market, so owning a Cool Cat is not the same as owning a Cool Pet. Check the project's official channels for how the two collections relate today.

Does a rare trait always mean a higher price?

Not necessarily. Rarity depends on how uncommon the traits are, and market demand depends on art preference, liquidity and community sentiment. Compare recent sales of cats with similar traits on a marketplace rather than relying on a single rarity score.

Can I lose money on a Cool Cat?

Yes, they can be. Floor prices for PFP collections move sharply, trading can be thin, and you may not find a buyer at the price you want. Only spend money you can afford to lose, and treat this as a collectible, not a guaranteed investment.

How do I avoid fake Cool Cats listings?

Use the verified collection page on a major marketplace and match the contract address against the project's official channels. Never click links from direct messages or unsolicited replies. Use a separate wallet for minting and trading, and avoid signing approvals you don't understand.

Can I trade a Cool Cat through an NFT pool?

It depends on which collection and which tools you use. Some NFT pool protocols, such as NFTX, support specific collections, so check whether a Cool Cats vault exists and how deep it is before relying on it. Never assume a pool or strategy token is available for every collection.

Mentioned in this guide

dApps in this guide

NFTX logo

NFTX

NFT Marketplaces: General

Score 7.0 out of 10

NFTX turns NFT collections into vault-backed ERC20 tokens so users can buy and sell NFTs instantly at floor price against a pool.

TVL $1.84M−1.4%Ethereum · Arbitrum · Base +2
TokenWorks logo

TokenWorks

NFT Automated Strategies

Score 5.5 out of 10

TokenWorks runs NFTStrategy, an Ethereum protocol of tokens that use trading fees to buy, relist and burn NFTs, aimed at experienced, risk-tolerant users.

TVL $2.40M−5.0%Ethereum
Foundation logo

Foundation

NFT Marketplaces: Art

Not rated yet

Foundation was an Ethereum NFT art marketplace for creators; the team took it offline indefinitely on April 27, 2026 after a failed sale.

Ethereum
Save logo

Save

Lending

Score 6.8 out of 10

Save, formerly Solend, is a Solana lending and borrowing protocol where users earn interest on deposits or borrow against collateral.

TVL $71.1M−8.5%Solana · Eclipse

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