Colonial Cats is an NFT collection of GATA (cat) with colonial era personas. There will be 999 GATA (cat) ever.
The purpose of the collection is to make community owned GATA DAO validators, and to make a passive income source for the Gata NFT holders. People holding GATA NFT will be part of the GATA DAO.
Holding a GATA Genesis NFT gives you the following utility: voting power, share in royalties and validator commissions.
Commissions and royalties will be split in 20 :30 :50 ratio, where 20% for the team, 30% for the future expansions and 50% for the NFT holders.
Colonial Cats NFT marketplace is Stargaze. Besides buying and selling Colonial Cats NFT in this NFT marketplace you can also trade plenty of other NFT projects from Stargaze.
As with any IBC network (built on Cosmos-SDK), the transaction fees are minimal, making the marketplace superior to many other non-IBC marketplaces and non-IBC networks (e.g. Ethereum). What’s more, is that transactions in Stargaze are lightning-fast compared to other non-IBC marketplaces and non-IBC networks (e.g. Ethereum and Solana).
The main purpose of Stargaze is for you to buy and sell NFTs with ease, at minimal transaction fees. The royalties vary between NFT projects with information disclosed on the specific marketplace page for Colonial Cats NFT.