Cool Solths, the latest alpha on Aptos?
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Cool Solths, the latest alpha on Aptos?
What's behind the project that's getting half the Aptos ecosystem to switch PFPs?
Navigating Web3 tides with focused insightsAuthor: Alex Liu, Foresight News
If there's still some debate over whether the broader crypto market has entered a bear phase, there’s no doubt that the NFT sector is firmly in one—many project floor prices are now just a fraction of their 2021 highs, and the steep downward price trends show no sign of reversing yet.
But bear markets can also hide opportunities: today’s top NFT project on the Solana ecosystem, Mad Lads, was launched during a bear market (minted at 6.9 SOL on April 20, 2023, when SOL was around 22 USDT) and later delivered over 100x returns when the market recovered.
This brings us to a new emerging project: Cool Sloths on Aptos.
Why Aptos?
Recently, Sui has been the most talked-about Layer 1 blockchain, but Aptos—the other half of the Move twin stars—isn’t staying quiet either. The introduction of native USDT has renewed interest and growth expectations in the network. Additionally, many leading projects within the Aptos ecosystem have yet to launch tokens (see recommended reading: Gold Rush Guide | How to Strategically Position for Aptos Ecosystem Airdrops?). With major NFT projects commonly airdropping to top NFT holders, the potential here is enormous.
Why Cool Sloths?
Ecosystem Support
Cool Sloths enjoys strong backing and endorsement from the Aptos ecosystem—which is how I first noticed the project. From Aptos co-founder and CTO Avery Ching down to various project teams and community managers across the Aptos ecosystem, many adopted Cool Sloths profile pictures (PFPs) over a month ago, even before minting began—they received custom 1:1 NFTs directly from the team.
Aptos ecosystem members holding Cool Sloths
Project Background
The team behind Cool Sloths is also responsible for CRED and TowneSquare. CRED is an application focused on on-chain social graphs and reputation scoring systems; besides Aptos, it recently announced expansion to Monad and has already launched on the Movement testnet. TowneSquare is a decentralized mobile social app, which not only showcases the team’s mobile development expertise but will also serve as a platform to empower Cool Sloths, according to the team.
Cool Sloths will be deeply integrated with TowneSquare
The team has also received support from Bixin Ventures, monkeDAO, and others.
Furthermore, the team explicitly states: "Cool Sloths is the official NFT collection for TowneSquare and CRED. Holders will enjoy benefits, drops, content, and opportunities tied to key ecosystem milestones."
How to Participate?
The project is now live-minting. Visit the official website to check if your wallet qualifies for whitelist status, then choose to mint via WL or wait for public sale!
Note: Total NFT supply is 7,000
Mint Schedule
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WL (Whitelist): August 20, 00:00 – August 24, 00:00, Price: 5.4 APT
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Public Sale: Starting August 24, 00:00, Price: 6.9 APT
How to Get Whitelist (WL) Status
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Rank in the top 6,000 on CRED
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Hold mainstream Aptos ecosystem NFTs such as Aptos Monkeys, Aptomoingos, etc. (full list in image below)
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Hold more than 10 million GUI (the first meme token on Aptos) or any amount of Seedz NFTs
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Provide APT liquidity on Joule Finance
You can check whether your address qualifies for WL and view your WL allocation at: https://www.coolsloths.com/
Secondary Market
If you prefer to buy on the NFT secondary market:
Buying minted Sloth Balls directly on Wapal
Post-Mint Gameplay
After minting, you don’t receive a Cool Sloth directly—you’ll get a “Sloth Ball” instead. You’ll need to wait for the official announcement about the upcoming “Defeat the Evil Sloths” quest, where users collectively upgrade their Sloth Balls into full Cool Sloths.
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