Blockchain Foundry’s (BCFN.C) partner Catbotica, sold out their Catbot non-fungible token (NFT) collection after a ten-hour public scale.
The NFT collection was developed using Blockchain Foundry’s NFT creation tech as well as Catbotica’s hand drawn digital art assets. The sale pulled in 1,124 ETH or approximately CAD $3.9 million at present Ethereum pricing.
“We are so thrilled at the results and so very proud of our team. Catbotica is geared to make its mark on the metaverse. This is the first big step on our road to the fully-immersive Catbotica universe. The care that went into the Catbots(TM) is astonishing. There are over 450 hand-drawn assets in over 9,000 layers used to create the Catbots, meaning each one will be completely unique. It’s been a great journey to work with the artists and team, and we’ve solidified our partnership into the future. We’re glad you’re here to join us,” said Jin K. Kim, CEO of Catbotica.
What’s most amusing about all of this is that these catbots are the kind of doodle that aspiring artists cut their teeth on in their notebooks while they were trying not to fall asleep in science class. It’s the kind of thing their parents told them were a waste of time, detracting them from learning any real skills, and it’d never be something they can monetize.
Yet another way our parents were wrong.
Regardless, Catbotica’s unique, hand drawn Catbot collection drew attention from NFT and animation lovers almost immediately following their presale launch on January 14, 2022, and closed within ten hours of the public sale on the 19th of January.
BCFN got a cut of the revenue, and will also be picking up a minority equity interest in Catbotica.
Each Catbot NFT comes with different gaming elements like power units, external sensors and other accessories that can directly influence their in-game strengths and weaknesses. The Catbotica metaverse game is presently under development by Crystallized Games, which is an indie game company responsible for games such as Relic Raiders and AEW Elite General Manager.
—Joseph Morton
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Joseph is a Vancouver-based author and journalist with both a communications degree and journalism diploma (and a few novels) under his belt. His joie de vivre is to spin difficult technical topics into more human-centric narratives. Buy him a coffee and he'll talk your ear off for hours about privacy issues, blockchain, cryptocurrency and martial arts. Don't talk to him if you're either a tomato, a bully, or if you're not a fan of either 1984 or Tender is the Night. No. You can still talk to him. Just be prepared to be told why you're wrong.