Cool Cats Milk
MILK
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
MILK (Cool Cats Milk) is the defunct in-game ecosystem token of the Cooltopia gaming economy on Polygon. The issuer officially sunset Cooltopia and $MILK on July 27, 2023, discontinuing token generation and all active development. Due to complete abandonment and the absence of trackable activity, Active Development and Community Support were marked as data gaps (-1.0) and excluded from the weighted score calculation. The remaining areas reflect severe impairment: Tokenomics (1.5/10) suffers from an inflationary design and total collapse of demand; Market and Use Case (0.5/10) reflects near-zero liquidity, voided in-game utility, and a ~94% price collapse; Team and Governance (2.0/10) reflects centralized control without holder governance or migration support; and Security and Audit History (1.5/10) notes the absence of verified contract audits. Per the deprecated token rule, MILK is an abandoned asset with no ongoing development or utility.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Cool Cats Milk (MILK)
Cool Cats Milk (MILK) is a deprecated token that was officially sunset and abandoned by its issuer on July 27, 2023. Operating as an ERC-20 token on the Polygon network, MILK functioned as the in-game ecosystem currency for Cooltopia, a gaming environment associated with the Cool Cats non-fungible token (NFT) brand. Within the game, the token was generated by holding Cool Cats NFTs and utilized for in-game mechanics, such as evolving Cool Pets.
The project utilized an uncapped, inflationary supply structure with intra-ecosystem utility that experienced saturation shortly after launch. On July 27, 2023, the issuer announced the shutdown of Cooltopia to redirect company resources toward other gaming experiences, halting all MILK generation and discontinuing access to the platform. Active development, maintenance, and community operations were completely discontinued following the shutdown, and no token migration or holder remediation program was implemented.
Following its formal abandonment, MILK experienced a price collapse of approximately 94% from its historical peak, leaving the asset with negligible trading volume and minimal liquidity. Governance was entirely centralized under company leadership with no decentralized autonomous organization (DAO) or voting rights for holders. Furthermore, there is no public record of verified third-party smart contract audits for the token.