Legendary rapper and new owner of Death Row Records Snoop Dogg launched an NFT partnership with an exclusive metaverse project on the Cardano blockchain early this week in hopes of kicking off his first formal metaverse game with a bang.
Related literature | Institutional Investors Exit Market As Crypto Drops, New Report Reveals
Snoop Dogg has had its fair share of involvement with crypto and has been very vocal about how he thinks about the potential around the metaverse and how it could affect the world; Snoop now has his eyes on a new vision with a familiar face that can take the game by storm. Clay Nation is a recent NFT player who announced a partnership with blockchain network Cardano, and now they’re meeting Snoop Dogg to deliver a ‘Baked Nation NFT’.
Inside Snoop’s NFT drop with Clay Nation is an exclusive music project that aims to give fans some new music and more excitement about what’s to come from the Dogg and Death Row records. The powerhouse label has set a bar for NFT music drops from a major label; a few months earlier, Snoop Dogg decided to rip all of his previous work with the label from all the major streaming platforms and make them available only as NFTs.
The deal with Snoop Dogg and crypto investor Champ Medici featured collectibles, unreleased music and plots of Clay Nation land. The music icon and mogul had a chat on a Twitter Space chat room about his excitement and what to expect.
In recent tweets, Snoop spoke about how he feels about the partnership: “Me and you get together, put together some kind of visual piece about ‘how’ from your perspective and my perspective, you know – you come from your perspective on how you got involved. involved and I come from my corner and then we take care of the whole world,” said Snoop Dogg.
ADA: Cardano on the blockchain has about 0.88 Tradingview.com. † ADA:USDtradingview.com
Take us to Baked Nation
Clay Nation and Snoop have figured out how to navigate and make noise in the metaverse and show no signs of letting go. In a recent statement, Clay Nation said:
“We allocated 19,5,000 lands to holders on a 1:1 basis (sonic and underworld) + 1,500 baked – most of the baked was public currency to welcome new people from outside Cardano to Clay Nation, which is at its best. In turn, the holders benefit as we grow.”
The current NFT market has been slow for several weeks. The once “wild” market is showing signs of slowing down as sales on leading NFT marketplaces took a serious blow; Snoop, Clay Nation and Cardano hope to change things in the hard market and hope not to slow down, but speed up again. The drop sold out completely once it was available to the public, so this could be a useful start.
Related literature | The Nightly Mint: Daily NFT Recap
Featured image from @Jika_Clay, charts from TradingView.com