Sold Out Snoop Dogg Telegram NFT Drop Generates $12 Million

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American rapper Snoop Dogg sold out a collection of almost a million non-fungible tokens (NFTs) on Telegram in 30 minutes on Wednesday, seemingly defying the notion that the NFT industry is “dead.”

Snoop Dogg’s new digital gift collection of around 996,000 non-fungible tokens (NFTs) powered by the TON blockchain is “inspired by Snoop’s iconic style” and generated $12 million in sales, Telegram founder Pavel Durov said in an X post on Wednesday.

“Blockchain minting and the secondary market go live in 21 days. It’s going to be wild,” he…



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Sold Out Snoop Dogg Telegram NFT Drop Generates $12 Million


American rapper Snoop Dogg sold out a collection of almost a million non-fungible tokens (NFTs) on Telegram in 30 minutes on Wednesday, seemingly defying the notion that the NFT industry is “dead.”

Snoop Dogg’s new digital gift collection of around 996,000 non-fungible tokens (NFTs) powered by the TON blockchain is “inspired by Snoop’s iconic style” and generated $12 million in sales, Telegram founder Pavel Durov said in an X post on Wednesday.

“Blockchain minting and the secondary market go live in 21 days. It’s going to be wild,” he…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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