Dear NFT enthusiasts, brace yourselves to welcome the brand new Snoop Dogg NFT collection. Yes! You have heard it right. We know that Snoop Dogg has been a great supporter of non-fungible tokens or, NFTs. NFT is financial security consisting of digital data stored in a blockchain. During the time between 2020 and 2021, the market of NFT witnessed dramatic growth. In fact, in 2021 alone NFT trading increased to around $17 billion. But, since May 2022, the NFT market followed a downward trend.
However, the arrival of the Snoop Dogg NFT collection, will definitely add some boost to the sector. As we already know, the rap legend supports NFT greatly. Therefore, his initiative to bring out his own NFT collection is an attempt on his part to make the NFT a more mainstream industry. In fact, among celebrities, he was one of the earliest to adopt this trend. If you wish to know more about the brand new Snoop Dogg NFT collection, this article is the perfect stop for you. Therefore, keep reading the article to discover more.
The New Snoop Dogg NFT Collection
In April 2022, Snoop Dogg announced that his new NFT collection will be available on the Cardano blockchain. However, in March, some other details about the collections were made available. According to those details, the collection carries the name Baked Nation. In fact, the collection includes “limited edition pitches,” “iconic collectables,” and musical works that have not yet been released.
The confirmation from the part of the rap legend came through his Twitter account. There, he posted a video containing an animation sliding across the TV screen. The video also features Charles Hoskinson. In fact, Cardano appears in a “cameo” and convinces both the artists to join the platform. The video ends with Snoop Dogg’s phone call to Cardona’s founder. On that call we see the rap legend telling the founder of Cardona that they will be working together on the ADA blockchain.
In fact, the rap legend has already accomplished a lot in the field of NFT. He has been a consistent supporter of the NFT sector. He is an investor in the truest sense of the term, as he is pouring millions of dollars into the collections. Previously, his collections were for the Etherium-based NFTs. However, at present, he has shifted his attention towards working with Cardano. Now, that is going to be a big deal.
Snoop Dogg NFT collection: More About The NFTs
The legendary rapper and his colleague Champ Medici also added that through this collection, they have also partnered with Clay Nation. In fact, Clay Nation is the creator and the distributor of the handmade Clay NFTs. The Snoop Dogg NFT collection got featured on Cardano and the creator of the platform also confirmed the collaboration.
It is expected that this new collaboration will be adding an added charm to the compilations, consisting of previously unreleased tracks by Snoop Dogg, as well as limited edition exclusives. In fact, November 2021 witnessed Snoop’s shift from the role of an NFT collector to that of an NFT creator. He named his first NFT collection Decentral Eyes Dog. The present NFT includes 10 3D portraits of the rap legend from various stages of his life. These are complemented by an NFT-inspired soundtrack.
Cardano Back In Form
During the initial days of NFT, various blockchains joined the race. However, Cardano has been a really late bloomer. In fact, until the end of 2021, they had no plans to develop an NFT marketplace. The announcement came in late 2021. Cardano founder Charles Hoskinson released the Cardano development roadmap. In it, he referred to a number of projects under construction. He also emphasised Cardano’s burgeoning DeFi ecosystem.
In fact, Cardano witnessed a handsome increase in the number of blockchain projects under construction. It is assumed that the past popularity and growth of NFT have inspired the blooming of the potential of Cardano’s ecosystem. In fact, around 34.7 % of the ecosystem of Cardano is dedicated to NFT projects. Therefore, the new Snoop Dogg NFT collection is expected to be a great addition to the platform’s ecosystem. Cardano has been the sleeping giant in the NFT sector. Now, as the giant awakens, some stunning figures might come our way.
Concluding Lines
The all-new Snoop Dogg NFT collection is now live on Cardano. This is indeed a great addition to the platform’s blooming NFT ecosystem. Cardano has been a late bloomer in the NFT sector. However, at present, it has a number of NFT projects under its belt. Therefore, it is going to be a real treat for us to watch, how the Snoop Dogg NFT collection boosts the NFT sector of Cardano.
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