Cardano founder and Snoop Dogg team up with new NFTs

American rapper Snoop Dogg is going to share his new music as non-fungible tokens (NFT) release on Cardano (ADA). This is evident from a recent announcement by the artist on Twitter. Today, the rapper will meet Cardano founder Charles Hoskinson on Twitter Spaces.

Snoop Dogg launches NFTs on Cardano

The NFT launch on Cardano is the result of a collaboration between Snoop Dogg and Clay Nation. In addition to unreleased music, “iconic collectibles and ‘pitches‘” when NFTs are released. In the announcement, the rapper can be seen in clay in which he says:

“I’m watching Cardano and web3 and it’s great.”

It’s official: @SnoopDogg † @champmedici will partner with Clay Nation to bring you iconic collectibles, unreleased music, & limited edition ‘pitches’.

Join Snoop, Champ & @IOHK_Charles † @The_ClayMates on April 5 | 18.00 UTC ☎️@InputOutputHK @Cardanohttps://t.co/dnZACeiooE pic.twitter.com/81sQ48NEI2

— Clay Nation 🏕️ (@The_ClayMates) March 31, 2022

Today, the rapper will meet Hoskinson in a Twitter Space, something anyone can attend through the social media platform. The exact launch date will also be announced here. The meeting will take place tonight at 20:00 Dutch time.

NFTs are certainly not new to Snoop Dogg

That the rapper is launching an NFT is not the first time. In December of last year, he already released an NFT called “Decentral Eyes Dogg.” The unique token consists of an animation with several portraits of him. This NFT eventually sold for 188 ethereum (ETH).

And releasing music on the blockchain is not new either. In February, the rapper released several songs in collaboration with Gala Music, “the first decentralized record company in the world.” The circulation consists of 25,000 NFTs with which Snoop Dogg has reportedly raised $125 million.

Cardano is slowly starting

The collaboration is a great development for Cardano. The network has been in development for years and now seems to be slowly getting off the ground. At the end of last month, the cardano news read that whales hit the altcoin big. In addition, data shows that investors with $100 to $100,000 in ADA have reached a new all-time high.

The altcoin has seen a big surge since March, outperforming many other cryptocurrencies. The news that major crypto exchange Coinbase now supports cardano staking probably contributed to the positive sentiment. Meanwhile, ADA is consolidating around a price of $1.20.

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