Cartoon kitten sold out in 35 minutes


After a false start, the first NFT batch of the animation series Stoner Cats, on which Vitalik Buterin also participated, was sold out in a very short time. The rush has caused gas prices on Ethereum to skyrocket.

The NFT project Stoner Cats has become a box office hit in a very short time. It took just 35 minutes for the first token margin to sell out. In view of the prominent list of participants and the hype it triggered in advance, the rush was actually foreseeable. Mila Kunis, Ashton Kutcher, Jane Fonda, Seth MacFarlane, Chris Rock and also Vitalik Buterin: The list of voice actors is quite impressive. And the concept behind the multimedia kitten also seems to hit a nerve.


The foggy kittens are on the loose

Stoner Cats is an animated series that can only be enjoyed via an associated NFT. Only those who hold a token have access to the consequences. And only from the time of the token purchase. In retrospect, the previous episodes can no longer be watched. The demand was correspondingly high if you don’t want to miss the start of series production on July 29th.

In terms of content, Stoner Cats is about what the title and all those involved suggest: “A strangely touching story about cats that get drunk and the woman they love, who has to come to terms with their memory loss and mortality”. By overlapping the token and film industries, the project aims to show how “the production of content can be decentralized”. “It might just be a cute little show about a woman and her cats, but maybe she’s the trailblazer for something very big that will follow,” explain the makers.


NFT sale causes GAS explosion

At the start, 10,420 NFTs were released at a unit price of 0.35 Ether, which were sold out in just over half an hour. The actual start of sales had been delayed a bit. Actually, the tokens should go under the hammer the day before. Technical problems that were not explained in detail did not let the kittens out of the bag until Tuesday. Much to the displeasure of some European interested parties, who had already spent the night on Monday due to the time difference. On twitter let off steam by some disappointed buyers.

However, this has not changed anything in terms of demand. How big it was was also shown by the explosive rise in GAS fees. In the course of the token sale, the transaction costs rose to as much as 33 US dollars. In reference to the popular NFT box office hits of the Cryptokitties, the on-chain analysts wrote DeFiprimethat “as always cats have clogged Ethereum”. In the meantime, however, the GAS fees have clearly returned to normal.

If you missed the sale, you don’t necessarily have to wait for the next 3,000 tokens to be added in the course of the first season. On the NFT trading platform Opensea the haggling is already going on. The Stoner Cats have not become cheaper as a result. For many NFTs, double the purchase price is already being called. For a token of the character “Lord Catsinton“, Spoken by the secret series star Vitalik Buterin, is already being asked for almost a million US dollars. Downright a steal when you look at the price for it Stoner Cat # 420 looks at. The kitten is said to cost a mere 228 quadrillion US dollars – and the trend is falling.