- Mila Kunis’s NFT project Stoner Cats sells out in 35 minutes
- Stoner Cats is an upcoming animated series by Mila Kunis starring voice actors like Chris Rock, Ashton Kutcher, and Seth McFarlane. Vitalik Buterin also stars in the series.
- The sell-out sent Ethereum Gas prices soaring
YEREVAN (CoinChapter.com) — Jim Davis, the creator of the comic strips Garfield, once remarked, “Cats rule the world.” Maybe claiming that cats rule the world is a stretch, but there is one place they certainly do- the NFT marketplace.
Another cat-based NFT project, the Stoner Cats, displayed a stellar performance after it sold out in under 40 minutes.
Stoner Cats is an NFT animated series created by Hollywood actress Mila Kunis. To commemorate the launch of the series, the team launched a unique set of NFT tokens of the carts on the Ethereum marketplace. Before anyone knew it, they were gone in 35 minutes.
Celebrities including founder Kunis, Jane Fonda, Ashton Kutcher, Seth MacFarlane, and Chris Rock voice The Stoner Cats animated series characters. Ethereum founder Vitalik Buterin’s voice also features the series, which explains why the NFT launch enjoyed extra popularity.
The launch of Stoner Cats NFT
The launch of the NFT was to take place earlier. However, much to the disappointment of the fans and the team’s embarrassment, it had to be delayed. Furthermore, before the launch, the team discovered a bug in the underlying art layers, affecting the project’s NFTs. The launch, hence, had to be postponed.
As the team put it, it “was a real catastrophe.” They took to Twitter to announce the news.
Having fixed the issue, the project launched and sold out like hotcakes.
Other than the satisfaction of owning the stoner cats tokens, the NFTs will grant the owner access to watch the show when launched in the future. Additionally, the team contemplates giving a certain amount of governing rights over the project to the holders of the NFTs.
The animated series revolves around a confident Ms. Stoner, who owns a set of cats. The cats can talk thanks to Ms. Stoner’s magic marijuana. Ethereum founder Vitalik Buterin will voice an old, wise cat called Lord Catsington.
Gas prices soar due to Stoner Cats
Thanks to the launch, Ethereum gas prices soared to levels. The gas prices even reached more than 600 gwei for a brief moment after the launch. Such numbers were unseen in a long time. NFT collectors reportedly could mint a total of 10,000 cats at a price of 0.35ETH each. Based on these numbers, the Stoner Cats team must have hit the jackpot, making over $8 million on the 10,000 NFTs. The fund will be used for the production of the series.
The last time an NFT project clogged the Etherum network was in 2017. Then, another cat-themed NFT project, the Cryptokitties, jammed the network and caused unconfirmed transactions to pile up after people flocked to buy the collectible cartoon kittens.
While some people see this as the return of the NFT hype, it begs the question. Did the hype ever leave?