Friday, June 21, 2024

Snoop Dogg unleashes his NFT ‘Decentralized Dogg’

Recently, the popular hip-hop performer Snoop Dog released his first NFT. This release was in partnership with digital multimedia artist Coldie.

Snoop Dogg’s NFT, ‘Decentralized Dogg’, was minted on SuperRare. The NFT will be available till Friday on auction. The digital marketplace SuperRare is meant for those buyers who are ready to pay a premium for exclusivity of their purchases.

Future Plans

“Decentralised Dogg” contains a 3D collage in stereoscope of upto 10 portraits from different stages of Snoop Dog’s life. All of this is backed by a Snoop Dogg soundtrack. The NFT had already attracted bids of 160 ETH which amounts to approximately $760,000.

Nick Adler who helps Snoop Dogg with his investments that this was just the beginning of more work to follow in the NFT space. He said that they would watch how this NFT fares and would then be open to more such projects with NFT artists. He added that Snoop Dogg would like to have a more continuous relationship with the NFT collector and the DAO.

There were also plans to use the NFT as AR labels or other products. Plans to use on products such as on the covers of books and as labels on wine bottles. Such innovations would provide higher value to the collectors. This technology gives performers such as Snoop Dogg additional avenues to reach their art to their followers.

Plans are in place to debut the art work on NFT Now and at Christies. Plans are also on for other art shows and art festivals. This will be a part of the ‘SuperRare Monolith’.

Snoop Dogg also revealed that the pseudonym “Cozomo de’ Medici” on Twitter was his. He said that he used that pseudonym on Twitter in his role as a NFT influencer.

Cryptured Team
Cryptured Team
The writers team at Cryptured.com is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.
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