Snoop Dogg is a celebrity who is also a huge supporter of non-fungible tokens (NFTs).
Ain't nothing but a CLAY thang pic.twitter.com/pKLlmtSBz4
— Clay Nation 🏕️ (@The_ClayMates) April 10, 2022
Snoop Dogg’s New NFT Collection is Live
Earlier this week, Snoop Dogg announced the launch of his new NFT collection on the Cardano blockchain ($ADA). According to initial details revealed last month, this collection, called Baked Nation, will include “iconic collectibles,” “limited edition ‘pitches,” and music works which have not been released.
Snoop confirmed the collaboration with a video uploaded on his Twitter account. Snoop Dogg’s musical entrance video contains an animation sliding across the TV screen.
The following scene is the appearance of Charles Hoskinson. The “cameo” from Cardano turns up and encourages both artists to join the platform. At the end of the video, Snoop makes a phone call to the founder of Cardano, saying they will work together on the ADA blockchain.
Everything Snoop Dogg has accomplished in the NFT sector has defied the concept of FOMO. Fairly said, the rapper is a true NFT investor, with consistent support and millions of dollars pouring into the collections.
While his previous collections were all about Ethereum-based NFTs, he is now focusing on Cardano for his latest venture, and a signature collection of NFTs was built on the ADA network.
More Layers in the NFT Ecosystem
Through this collection, Snoop and his colleague Champ Medici also announced the exclusive collaboration with Clay Nation, the distributor and creator of NFTs handmade Clay NFTs.
The event marked Snoop’s NFTs featured on the Cardano platform. Charles Hoskinson, the creator of the Cardano platform, has also confirmed this collaboration.
The collaboration will breathe new life into a number of compilations, featuring previously unreleased Snoop Dogg tracks and limited edition exclusives. Charles Hoskinson, the founder of Cardano, has also confirmed the collaboration.
In November, 2021, Snoop Dogg made a switch from NFT collector to NFT creator, teamed up with artist Coldie to launch his first NFT collection – Decentral Eyes Dog.
Snoop Dogg’s NFT is a 3D composite of 10 portraits of Snoop Dogg from different stages in his life, complemented with an NFT-inspired soundtrack. The work was auctioned off on the NFT SuperRare marketplace with the highest bid of $771,000.
Cardano – The Sleeping Giant is Up!
While other blockchains leapt into the hypethetic race in the early days of NFT, Cardano appeared to lag behind.
The firm did not formally announce plans to develop an NFT marketplace until the end of last year. Through the release of the Cardano development roadmap, Cardano founder Charles Hoskinson also emphasized the platform’s burgeoning DeFi ecosystem, referring to some of the significant projects now under construction.
Hoskinson also underlined the importance of the first half of 2022, with a focus on Cardano project commercialization and utility.
The network recently reported a considerable increase in the number of blockchain projects under construction.
The growth and popularity of NFT in the past is likely the driving factor behind the awakening of the Cardano ecosystem’s potential. According to blockchain data, NFT projects have the biggest shares in the Cardano ecosystem, accounting for 34.7 % of the ecosystem.
Snoop Dogg’s contribution in an NFT collection is expected to be a great hit for Cardano. Snoop Dogg has evolved to be a prominent figure in the global NFT community, and any initiative including Snoop is always a tremendous success.
Snoop Dogg, for example, collaborated with The Sandbox metaverse to issue the “Snoop Avatars” NFT collection in January. This was a huge motivator for the SAND to remain strong in the midst of the market turmoil at the time.