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Gutter Cat Gang (launched June 8, 2021) is a new Non-Fungible Token (NFT) project launched on the Ethereum blockchain with the initial launch minting done through the gutter cat NFT website and it was purchasable on OpenSea. [2]
Like other NFTs ownership of these gutter cat NFTs includes both creative and commercial rights of the cat, as well as the ability to gain access to the backend rooms that create additional community. [2]
Previously before its launch, the 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.
Gutter Cat Gang consists of a collection of 3000 unique Gutter Cat NFTs who live in the post-apocalyptic shatters of society on the ETH blockchain. Ownership includes creative & commercial rights of your Gutter Cat as well as initiation into the Gang. [1]
Each gutter cat were released for point.07 ETH plus whatever gas fees required for the transaction, the gutter cats did not follow a bonding curve or Fear of missing out (FOMO) pricing mechanism.
This is a big win as most NFT projects have implemented a bonding curve, which increases the price of NFT, based on the number of NFT’s sold.
The initial drop of the gutter cats were seen once the meta mask or other Ethereum wallet was connected to the website. After all of the cats were minted, cats were available for purchase on Opensea, and other platforms already on the blockchain.[2]
Each of these cats were procedurally generated with 123 unique properties, like other derivative projects, including the Cryptopunks and others, each of these categories has varying levels of rarity and the categories include: [1]
The community of Cat , Gutter Cat Gang have made several distinct sales with the quality and rarity of art presented in the NFT market . The Gutter Cat #2860 stands out as the current most notable , selling out for 45 Ethereum an estimated $60,069.15 on the 16th of December 2021 on Opensea marketplace.
The Gutter Cat Gang's humanitarian organization, Gutter Gives, aims to strengthen underrepresented and neglected areas. Fundamentally, Gutter Gives enables any member of the community to propose a philanthropic project. These recommendations are then put to the community's vote, and if they are approved, the GCG team will carry them out. The community decided to contribute a total of $20,000 to two charity organizations, the Usona Institute and Porta Sophia, for the first proposal that was really carried out by Gutter Gives. Both groups are dedicated to advancing and encouraging the use of psychedelic medicines.
Each charity received a $5,000 grant from GCG to help with the setup and subscription fees for The Giving Block, a platform that allows nonprofits to accept cryptocurrency donations.GCG also provided each charity with an extra $5,000 to spend as they see fit.
Gutter Cat Gang recently partnered with PUMA to sponsor Team Gutter Cats for The Basketball Tournament (“TBT”) on ESPN in July 2022. TBT is a 64 team single-elimination tournament where eight teams representing eight regions compete for a $1 million dollar cash grand prize. Currently, Team Gutter Cats’ General Managers are hard at work recruiting top-tier talent who will rep custom GCG jerseys during the tournament on ESPN.
Team Gutter Cats kicked off the tournament in the Omaha Region at the D.J. Sokol Arena at Creighton University.
Edited By
Edited On
September 21, 2022
Reason for edit:
Notable Sale , Gutter Gives , Partnerships
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Edited By
Edited On
September 21, 2022
Reason for edit:
Notable Sale , Gutter Gives , Partnerships