Summary, History and Status of Cold Blooded Creepz

Summary, History and Status of Cold Blooded Creepz

Summary, History and Status of Cold Blooded Creepz

...and what to do with it?

NFTs

·

13 min

Summary, History and Status of Cold Blooded Creepz

...and what to do with it?

NFTs

·

13 min

Summary, History and Status of Cold Blooded Creepz

...and what to do with it?

NFTs

·

13 min

Summary, History and Status of Cold Blooded Creepz

...and what to do with it?

NFTs

·

13 min

TL;DR: With a new update or NFT collection being released almost every day, it’s clear the crypto ecosystem is constantly evolving. Cold Blooded Creepz is one of the NFT collections paving the road to the digital universe — but it’s just the beginning. Knowing what brought it here and why it was created will lead you to make better decisions when investing or simply interacting with Cold Blooded Creepz.

In this article, we’re gonna dive into the Cold Blooded Creepz lore, answer all the Cold Blooded Creepz related questions and even more. Prepare yourself for a fantasy story and a journey to the future of Cold Blooded Creepz!

What is Cold Blooded Creepz?

Cold Blooded Creepz is an NFT collection of 11,111 characters that live on the Ethereum blockchain.

Put your tin foil hat on and let’s dive in!

Hey there, fellow Earthlings! Ever wonder what those sly reptilian overlords are up to? Well, wonder no more, because the Cold Blooded Creepz NFT collection has slithered its way into existence, bringing you a world where lizard people are not just a conspiracy theory — they’re the coolest, quirkiest, and downright creepiest digital comrades you’ll ever meet!

Picture this: a tribe of super-smart mutant lizards, led by the one and only Overlord, is hatching a diabolical plan to conquer Earth. But hold on to your tinfoil hats, folks, ’cause these lizards aren’t your run-of-the-mill reptilians — they’re the Cold Blooded Creepz, and they’ve got style, charm, and a dash of lizardly mischief.

The Overlord is assembling an army of these quirky, intelligent Creepz, each with its own unique vibe and personality. From the suave Lounge Lizard who can charm his way into any hideout to the Tech Gecko, a genius with gadgets, this tribe is ready to take the world by storm — one NFT at a time.

So, if you’re ready to embrace the reptilian revelry, snag yourself a Cold Blooded Creep NFT and become an honorary member of the coolest lizard tribe in the digital universe. Let the conspiracy unfold!

Owning an NFT is different than screenshotting a JPEG — just like holding an original Rembrandt is more valuable than owning a replica. As their name suggests, NFTs are non-fungible by design. This is different from digital tokens like Bitcoin and Ethereum.

Fungible assets can be exchanged for another asset of the same type, much like BTC, ETH, or even fiat. NFTs, on the other hand, are unique assets where their ownership details are documented on the blockchain, ensuring digital scarcity and unique attributes for each asset.

But how exactly is digital scarcity being enforced?

The concept of NFTs first emerged in 2012 with the creation of Colored Coins, which could be used to represent real-world assets on the blockchain. However, Colored Coins only worked in a permitted environment, making it more similar to a database than anything else.

As the crypto industry became more popular, people have continued to experiment with the idea of a digitally scarce asset. This led to the creation of ERC-721 and ERC-1155.

The ERC-721 standard is like a set of rules for making NFTs. These actions help in making special tokens with their unique information, making them different from one another.

Behind the scenes, ERC-721 smart contracts keep a list of who owns which token, making it safe to pass tokens from one person to another. The contract also keeps count of how many tokens there are altogether and how many each person has.

As previously mentioned, Cold Blooded Creepz NFTs are secured by the Ethereum blockchain. Ownership and transaction history are publicly visible on the Ethereum blockchain along with other important info such as the NFT’s metadata.

Understanding how to access an NFT’s metadata is essential for holders to grasp the specifics of what they’re buying.

Metadata usually includes visual attributes like color, type, wearables, and so on. On the blockchain, it looks something like this:

Cold Blooded Creepz have their own set of traits that make up their uniqueness. These are: back, background, base-layer, body, chin, eyes, hat, layerz, lips, lol-dip, mouth, nose, sides, smoking, tail and tattoos.

Some traits are rarer than others, which makes a specific NFT stand out from the rest. For example, there are only 26 Cold Blooded Creepz with hair. Furthermore, 10 unique Cold Blooded Creepz completely stand out from the rest, including OVERLORD himself.

The Cold Blooded Creepz NFT collection has been autogenerated out of 800 distinct traits. This means that out of the potential combinations, only 11,111 Cold Blooded Creepz will ever exist!

Cold Blooded Creepz are genesis collection. Since the genesis, 3 more collections have been issued.

The Reptile Armory is the 2nd collection, comprising 20,000 unique items. The Reptile Armory introduces three distinct pieces: the 5G Tower, Mars Rover, and Spy Birds.

Shapeshifterz and Megas herald Overlord's third and fourth collections made available to holders. This extensive collection, totalling 20,000 items, showcases seven distinct characters, each having five unique variations.

What is the utility of Cold Blooded Creepz?

Cold Blooded Creepz make for an awesome avatar pic, but it’s also your ticket to the Overlord universe.

If Cold Blooded Creepz is a planet, then Overlord is the galaxy. As an NFT holder, you get to be part of Overlord’s domination plan. 

Plotting over Web3 dominance can be a tedious task, which is why NFT holders have access to the project’s naive token $LOOMI. Now this is where your Creepz come into play! You can stake your Creepz to earn $LOOMI.

Creepz generates varying daily amounts of $LOOMI based on their color and breed. The least rare Creepz earn 1,500, while the most rare, the 1/1 super-rares, earn 2,500. Holders of Creepz Reptile Armoury earn 600 $LOOMI a day.

In addition to the ecosystem perks, LOOMI also serves as the governance token for the project, though holders put it to use for purchasing future drops within the Creepz ecosystem.

As the Cold Blooded Creepz brand expands, NFT holders will be able to continually earn rewards. Whether you are hodling for a season or longer, the Cold Blooded Creepz ecosystem continues to explore new ways of keeping holders engaged.

Who created Cold Blooded Creepz?

Cold Blooded Creepz was created by Joe Carnell and Dominic (Dom) Smith in December 2021. Before that, a couple of important events happened. Most events revolve around the founders’ journey into the NFT space.

The journey began innocently enough—trading NFTs like any other digital degenerates. Despite being undercover nerds with a penchant for tech, they found themselves irresistibly drawn into the chaotic world of NFTs.

As they delved deeper, the idea of creating their own NFT brand or even venturing into blockchain infrastructure took root. With a nonchalant attitude and a brash touch, they started a side gig, crafting a completely outrageous world just for the fun of it. Little did they know, this whimsical experiment would soon snowball into a full-fledged community.

Their journey, marked by unconventional moments, saw them conducting business calls from the oddest of places, like a bathroom-turned-office, where laptops perched precariously on dryers became their makeshift desks. The initial chaos, a testament to their humble beginnings, mirrored the tumultuous but exhilarating trajectory of their project.

The Cold Blooded Creepz universe started as a wild, crazy concept, attracting like-minded souls on Discord and Twitter. The community's infectious energy fueled Joe and Dom's decision to go all-in. On December 30, 2021, they took the plunge with the Invasion Pass mint.

Minting one of the 11,111 Cold Blooded Creepz NFT cost 0.069 ETH. Each Invasion Pass lets holders claim one Creepz Genesis. The collection was revealed on January 6.

In a mere two months, this project unleashed a tidal wave of over 56,000 NFTs, setting the secondary sales market ablaze with a staggering 50,000 ETH in revenue—equivalent to a whopping $156 million, no less.

Initially, the focus was on creating gamified, on-chain art. However, the duo's perspective shifted over time. They pondered the deeper questions—What is an NFT? Why own a piece of IP in the long run? The answer led to a grander vision of building an expansive entertainment brand. Think Disney, but with a twist. Imagine if Disney had started with Mickey Mouse on the blockchain, owned by the community, spawning games, merch, TV shows—the whole shebang.

For the past 30 months, Joe and Dom have been crafting this unique approach to community co-ownership in the entertainment realm. While they might have been quieter since their initial bull run debut, the Cold Blooded Creepz team has been busy laying the foundations for a new era of digital entertainment.

Notably, Cold Blooded Creepz NFTs generated $220M in trading volume, making it the second most profitable brand in web3 gaming in 2022.

Who is developing Cold Blooded Creepz now?

Cold Blooded Creepz is being maintained by the SuperDuper studio and the NFT holders.

As Cold Blooded Creepz gained momentum, the need to legitimize their venture became crucial. With a couple of million in the bank and a growing community rallying behind them, Joe and Dom made the audacious decision to transition from a weekend project to a full-fledged enterprise. The process was painful, a delicate dance between catching up with the community's momentum and structuring a company to sustain its ambitious vision.

Their efforts have materialized into OVERLORD, a Web3 company that focuses on gaming, entertainment, animation and fashion. Their website lists 9 public core members and “many more across game development, marketing, brand, legal and engineering.”

In the first year of Cold Blooded Creepz, Dom and Joe embarked on a journey to build not just an NFT project but a comprehensive entertainment brand. Their vision was audacious – to become one of the biggest entertainment brands globally within the next decade, drawing inspiration from the structural blueprint of giants like Disney and Marvel.

In the early stages, the focus was on laying the foundation, establishing the core sentiments of the IP, and solidifying the narrative framework for the Creeps universe. The founders actively sought validation and recognition within the NFT and entertainment space. They forged strategic partnerships with industry veterans, including Stoopid Buddy, Seth Green, WME, and 360, leveraging their expertise in IP creation and entertainment management.

The importance of having the right components and ingredients for success in the challenging realm of IP creation was a recurring theme. The validated IP from the Creeps ecosystem, experienced partners, and a talented team contributed to their confidence in navigating the complexities of building a lasting brand.

A distinctive feature of Cold Blooded Creepz's roadmap is the emphasis on community engagement and co-creation. The Web 3.0 model involves the audience intimately in the content creation process, a departure from traditional entertainment where creativity is often confined to closed doors.

Looking ahead to the next year, the founders outlined their immediate focus – to translate their vision into tangible experiences for the public. This involves rolling out engaging games, launching shows on major streaming platforms such as Netflix, and immersing the audience in the diverse worlds crafted by Cold Blooded Creepz.

Joe highlighted the transformative aspect of ownership in Web 3.0. NFT holders not only invest but become co-creators, influencing the trajectory of television, media, and IP creation. The founders are actively exploring ways to empower their community to actively participate in shaping the future of the Creeps universe.

While expressing optimism about their trajectory, the founders acknowledged the challenges of breaking into established industries like gaming and media. They stressed the need for the right ingredients from the start, emphasizing the difficulty of creating a successful IP without a well-defined plan and support network.

Investors are also an important component of the Cold Blooded Creepz ecosystem. Although they don’t get involved directly in the governance of the project, they do exert an influence over the brand’s expansion into the mainstream.

On April 25, 2023, Overlord is set to embark on a groundbreaking venture in collaboration with Revolving Games, supported by prominent investors such as Pantera Capital and Animoca Brands. Together, they are venturing into the realm of NFT gaming, introducing a novel concept centred around enigmatic lizard-themed NFTs.

Under the expansive umbrella of the Overlord ecosystem, a distinctive NFT game is in its early stages of development. Prepare to encounter a captivating array of mysterious and vibrant lizard NFTs in this forthcoming blockchain gaming experience. While the game is currently without a specific title, it is anticipated that the name will unmistakably reflect its reptilian theme.

The Web3 game will delve into the realm of science fiction, featuring exoplanets, galaxies, and universes. Right from its inception, the game will harness cross-chain technology, offering players an immersive experience.

Beyond mere player engagement, the game will introduce a rich narrative that encompasses various alien species, each with its own distinct story, context, attributes, skills, and motivations. This intricate tapestry of diverse alien species will not only add depth to the gameplay but also provide players with unique strategic challenges. Technological advancements and abundant resources will influence the ways in which each alien species seeks to conquer adversaries, making for a dynamic and compelling interplanetary dominion.

How does Cold Blooded Creepz make money?

Now, let’s get to the juicy part – how does Cold Blooded Creepz make money?💰 (No, flipping and rug pulling are not the correct answers)

The answer to this question is strongly related to intellectual property. 

Think of popular trademarks such as Mickey Mouse, Spider-Man, or Coca-Cola. Every time you see movies, books merch, or posters with them, know that the owners of the IP get a share of the profits. The same thing goes for NFT holders, in theory. 

When it comes to NFTs, it’s quite challenging to fit them into the traditional framework of copyright law. To give more context, owning an NFT doesn’t mean holders have automatic control over the creative work. This creative control needs to be granted by the creator. 

As such, NFT holders should pay attention to what IP rights, if any, come with owning the NFT. 

Purchasing the NFTs does not grant you ownership of the Creepz, nor the Intellectual Property over the Creepz or the Materials. However, the terms of the license allow holders to create certain derivative works based on such Creepz, up to a total value of $100,000. For more info, check their terms & conditions.

Another way of generating revenue is via royalties. Overlord earns 7.5% from every secondary sale of the Cold Blooded Creepz. This funding ensures Overlord has enough resources to keep building their brand.

The mission of Cold Blooded Creepz is to become one of the biggest entertainment brands globally within the next decade. Drawing inspiration from the structural blueprint of iconic brands like Pokemon, Cold Blooded Creepz envisions a multifaceted entertainment ecosystem. This ecosystem would feature a core of engaging games complemented by IP verticals, echoing the success story of Pokemon over its 30-year journey.

Today, Overlord stands as a robust intellectual property with a mission to transcend boundaries across diverse entertainment platforms. The firm is overseen by ThreeSixZero, an internationally renowned management and entertainment company with a prominent presence in music, film, television, and sports.

Overlord shares its association with Westbrook Entertainment. Westbrook Entertainment, a talent management firm, represents industry luminaries such as Will Smith, Jada Pinkett Smith, Jaden Smith, Willow Smith, Kenna, and Crespo.

The expansive reach of Overlord extends further through its collaboration with WME, the world's largest entertainment agency. This collaboration strategically navigates Overlord's brands toward lucrative IP deals, unlocking widespread distribution opportunities within mainstream entertainment. A noteworthy partnership in this endeavor involves Seth Green's Stoopid Buddy Stoodios, an Emmy award-winning production house, currently engaged in the development of an animation series utilizing the Creepz IP. This animation is slated for major streaming platforms, including Netflix.

Furthermore, the creative synergy continues with West Brand Lab, a fashion enterprise led by former executives from industry giants like Nike, Lululemon, and Levis. This collaboration is set to culminate in the upcoming launch of a distinctive clothing line crafted in partnership with Overlord.

Where can I buy Cold Blooded Creepz?

You can buy Cold Blooded Creepz on OpenSea.

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