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    Home»Blockchain»Snoop Dogg Launches NFT Project on Cardano As He Expands Investments
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    Blockchain

    Snoop Dogg Launches NFT Project on Cardano As He Expands Investments

    adminBy adminApril 17, 2022No Comments3 Mins Read
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    • Snoop Dogg is launching an NFT collaboration with an exclusive metaverse project on cardano blocks.
    • Released on Monday, the project includes unreleased music and more, but this is just the latest crypto project.
    • Analysts say this is the first occurrence of a celebrity crypto project that has jumped from ethereum to cardano.
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    Hip hop star Snoop Dogg is developing his footprint in the crypto world again. This time, he teamed up with Clay Nation to launch the NFT collection in cardano blocks.

    The Clay Nation is a collection of 10,000 digital NFT characters made of clay. The collection is now on sale, but on the secondary market, the token has a floor price of around 2696 there, which is equivalent to $ 2,623.03.

    The Clay Nation tweeted about his relationship with Snoop Dogg – whose real name is Calvin Brodus – and crypto investor Champ Medici who will feature his collection, unreleased music and a Clay Nation land plot. Last week, Snoop shared a Twitter space with cardano founders Charles Hoskinson and the Medici, hosted by Clay Nation.

    During the conversation, Snoop Dogg suggested joining Hoskinson to create a guide on engaging in crypto.

    “Me and you come together, put together some kind of visual about‘ how ’from your perspective and your perspective, you know – you come from your point of view about how you’re involved and I come from my point of view and then we take care of the whole world,” the musician said.

    The hip hop sensation has been involved in several NFT and crypto projects this year, as well as other technology investments.

    “This is an incredible milestone because this is the first celebrity to jump from Ethereum to Cardano, which then caused a lot of hype. NFT about the brand and identity and Snoop Dogg is clearly happy to find another identity outside of hip-hop.-he released a music video a few weeks ago that made it all in the sandbox metaverse, ”Marcus Sotiriou, analysts at GlobalBlockto the Insider.

    Snoop Dogg was an early investor in social media platform Reddit and retail trading platform Robinhood. He also invested in Swedish payments companies Klarna. These are just some of the higher investments.

    Most recently, the star joined many celebrities to invest in Moon Pay, a company that allows users to buy crypto easily via card or bank transfer. He is also one of thirty -seven investors, according to Crunchbase data, to invest in Yuga Labs, the team behind Bosen Ape Yacht Club.

    In particular, Snoop Dogg was one of the first celebrities to engage in digital assets coming out of the ethereum block. Ethereum is certainly the most dominant platform for NFT right now, but with the likes of solana and cardano that continue to grow and offer lower costs, this hegemony can be challenged.

    Read more: UBS identifies 3 economic barriers that need to be eliminated to avoid a recession, as well as why fears the housing bubble is overdone – and points out 6 things you should invest in in times of uncertainty.

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