Snoop Dogg is on to his next venture in the NFT space. As AFROTECH™ previously reported, he agreed to be compensated in Bitcoin back in 2013 when he released his album “Reincarnated.” In a separate article, AFROTECH™ shared Snoop Dogg had been revealed as the hidden figure behind Cozomo de’ Medici, a popular non-fungible (NFT) Twitter platform, which had 175 tokens worth millions of dollars by 2021. That same year, he also released an NFT collection, titled “A Journey with the Dogg,” to pay homage to his early years as an artist. Snoop Dogg x Telegram Now in his latest move, t he “Drop It Like It’s Hot” artist has partnered with Telegram, a messaging app founded by Pavel Durov that claims to be one of the most downloaded apps with over 1 billion users, its website mentions. Snoop Dogg can be shown in an Instagram post commemorating the partnership with a theme song, titled “Gifts.” He also currently has 212,218 subscribers on the platform (at the time of this writing). View this...
Wu-Tang Clan’s “Once Upon a Time in Shaolin” could have an earlier release date thanks to non-fungible token (NFT) collective PleasrDAO. In 2015, the legendary Hip-Hop group auctioned off only one physical copy of their seventh studio album, and former “pharma bro” Martin Shkreli reportedly bought it for $2 million, according to The New York Times. PleasrDAO then acquired the album for $4 million in 2021 from the U.S. government after Shkreli was convicted of securities fraud. Previously, Wu-Tang Clan’s sales contract with Shkreli stated that “Once Upon a Time in Shaolin” was prohibited from being publicly released until Oct. 8, 2103, which was 88 years into the future. However, the album isn’t as inaccessible now. The New York Times reports that on June 13, PleasrDAO started giving listeners access to a five-minute sampler of an encrypted digital version, an NFT, for $1 in addition to fees. The collective stated it was part of an experiment and posed the question: “Do people still...
2021 to 2022 was a time when the trend of non-fungible tokens (NFTs) was booming. Celebrities such as Stephen Curry were purchasing NFTs for hundreds of thousands of dollars. In addition, a whopping number of people were launching their own exclusive collections and even creating their own cryptocurrency.
Three founders combined their backgrounds to launch an innovative technology platform that’s attracting the likes of Savannah and Bronny James.
Remember when rapper Mike Jones had everyone singing, “Back then they didn’t want me. Now I’m hot; they all on me?” If there were a reverse meaning to this lyric in object form, it would be the popularity of NFT collections. Several months ago, non-fungible tokens (NFT) were all the rave. Almost every week, there was an announcement about a different influencer or organization turning their product or experience into an NFT. And while some financial experts predicted the depreciation of some NFTs, many didn’t think they would plummet in value as quickly as they did.