Snoop Dogg is so much more than just a music legend; he is an influencer and successful business personality, not to mention a character in some of the most iconic memes out there. Well, this time around, he has set his gaze on the world of cryptocurrencies and NFTs. Let’s deep dive into Snoop Dogg NFT unveiling what you don’t know yet!
This brand value squeezing article will help you understand Snoop Dogg’s relation to NFTs and cryptocurrencies, here we go.
When He Launched Snoopify
Snoop Dogg has always been a trailblazer when it comes to technology. He created Snoopify, a picture-sharing and editing app that enables users to apply Snoop-inspired stickers to their images, back in 2013, when Instagram had over a billion fewer users than it does today and had recently come under the new ownership of Facebook. “Now that everyone is heavy on social media sharing images, I wanted to create an app that would allow my followers to add interesting visuals to their photos and Snoopify themselves,” Snoop Dogg said at the time. Snoop Dogg’s acute ability to support the proper horse just as it’s about to develop into a unicorn is demonstrated by a slew of subsequent investments.
Entering NFT World
Snoop Dogg participated in a $50 million financing round in the blogging/forum platform in 2014, valuing it at roughly $500 million. Reddit was worth $10 billion in August 2021. Snoop Dogg has now shifted his focus to the lucrative realm of NFTs. Snoop Dogg revealed to his 19 million Twitter followers last year that he is Cozomo de’ Medici, a pseudonymous NFT collector who joined the social media platform in August. In recent weeks, Cozomo has often been tweeting about his NFT adventure, addressing the massive amounts of money spent on popular NFT collections while demonstrating an in-depth awareness of the industry.
Snoop Dogg’s NFT Collection
Snoop Dogg NFT collection is worth a whopping $17 million. Nine CryptoPunks are featured in the collection, with the most valued of the profile picture NFTs believed to be worth $4.6 million at that time. The wallet also includes 10 Meebits NFTs, which are 3D avatars made by CryptoPunks creator Larva Labs, as well as a variety of NFTs from the Art Blocks generative artwork collection. An NFT from photographer Justin Aversano’s Twin Flames collection, as well as a pair of Moonshot Bots, which benefit the development of Ethereum tools, are among Cozomo’s other valuable items. Snoop also appears to own a number of Tom Sachs’ Rocket Factory NFTs, which are the identical ones that Budweiser purchased.
Anyone who has followed the rap legend’s NFT interests over the last year would have expected him to declare his ambition to turn Death Row into an ‘NFT label,’ which he recently did. Snoop’s “Journey of the Dogg” auction, which took place in April of last year, was one of the first NFT sales, with one collectible – a one-of-a-kind digital artwork dubbed “Death Row” – selling for over $100,000.
Snoop Dogg Landing Up In The Metaverse
Besides the Snoop Dogg NFT collection, last year, he teamed up with metaverse game platform The Sandbox to sell ‘The Snoopverse Early Access Pass,’ which grants buyers early access to “all of the Snoopverse experiences.” Only 5,000 early access permits were issued for The Snoopverse, Snoop Dogg’s own branded universe within The Sandbox. According to The Sandbox, each one costs $1,685.25, and there are presently 1,012 owners, bringing the total sale to almost $1.7 million.
What’s In The Snoop Dogg NFT Jackpot?
Then Snoop hit the NFT jackpot: he sold over $44 million in ‘Stash Box’ NFTs for his new album B.O.D.R in less than a week after releasing 10,000 of the special edition NFTs via the Gala Music platform earlier this year. Snoop Dogg’s most recent crypto-related release, also via The Sandbox, arrived just last week: ‘the Doggies,’ a collection of 10,000 programmatically made Snoop Dogg Avatar NFTs.The avatars allow their owners to attend virtual concerts and events, as well as play games, “hang out with friends,” and “travel the metaverse like a boss. “Each of these ‘Doggies’ NFTs costs 150 SAND, the Sandbox’s cryptocurrency.
Back then, the price of one sand was around $3.07, so that meant to buy one Doggie, you would have had to spend around $460, but since then, the price of crypto has dropped, and it is now worth around $0.86. Other NFT projects by Snoop Dogg include a digital portrait sold on SuperRare, an NFT drop on Solana, and the ‘Masterminds of Hip-Hop’ exclusive NFT project, with many more certainly to come.
Last December, Snoop Dogg tweeted that “We on the cusp of a digital revolution. Wake up n get it”. So the man doesn’t look like he is going to stop investing in cryptocurrencies anytime soon, and we can expect to see some of his new projects popping up soon.
Because the NFTs and the Metaverse are the future!
Thinking Of NFTs?
Now you may be wondering how you can also become a part of this revolution. Well, let us tell you. The first thing you will have to do is to research available NFTs. You should select an NFT that you believe has upside value potential. The NFT can be a piece of art, music, video, or even a video game item. NFTs can be found by searching Google or Twitter. Sites like NFTcatcher.io or Rarity. tools are always a good option.
You would want to invest in an NFT that has a reputable team behind it and make sure that it is on-chain because there is the potential of your NFT getting lost if the server goes down. Okay, so now that you have found an NFT the next step is to select a brokerage or exchange to purchase crypto. The majority of NFTs are acquired with Ethereum, with a few exceptions. A dedicated crypto brokerage or exchange, such as Coinbase (COIN), Robinhood (HOOD), Gemini, Binance.US, or Kraken, can help you buy Ethereum and other cryptocurrencies.
With that done, you will just have to find the marketplace where the NFT is sold. Once you find the marketplace, register and connect your crypto wallet. Then you can either directly buy the NFT or bid on it in an auction. Some popular marketplaces include names like Opensea, larva Labs of Cryptopunks, etc.
Okay, so now that you have made up your mind about buying an NFT the next step is to go to this video shown below; where Salwa is going to explain to you, the accurate steps required to buy an NFT directly from the original owners’ website or from the Marketplace.
Hope you agree with the overall crazy fat-cat relation of Snoop Dogg with NFTs, Cryptos, Metaverse and yet more to come. Subscribe to the email list and get hot brands’ NFT juices squeezed right into your inbox glass!
NFT Explained For Dummies 2023: How Are NFTs Used And Profited?
NFTs are a great way to monetize assets in the digital world. They can be used as a form of currency, or they can be used to represent the value of an asset.
NFTs are quickly becoming one of the most popular ways to represent digital assets on the blockchain. They can be used for everything from virtual art pieces to digital collectibles like CryptoKitties and Rare Pepes, as well as digital versions of real-world assets like stocks and bonds. How are NFTs used, and how are they profitable?
The following are the essential steps for listing your NFT:
The first thing you need to do is create an Ethereum wallet. This is where you will store your NFTs once they are listed.
There are many different wallets, but we recommend using MyEtherWallet (MEW). MEW is a free, open-source wallet that enables you to access the Ethereum blockchain through your browser or mobile device.
Once you have created your wallet, you need to add some money. There are several ways that you can do this. The most common method is to send Ether from Coinbase or another exchange. To do this, go back to MyEtherWallet and click “Send Ether & Tokens .” Enter the amount of Ether you want to send into your wallet and click “Generate Transaction.” This option basically generates a unique transaction code you can use in Coinbase. Or can be used in another exchange to transfer money over into the wallet.
In this step, you will create an account on any NFT marketplace and link it to your wallet. Sometimes, you may need to provide KYC information, such as ID verification and phone number verification, before linking the wallet. To list an NFT on OpenSea, you must create an account by signing up with an email address and password. When signing up, ensure you enable 2FA, which is short for two-factor authentication (2FA). This means that whenever someone tries logging into your account, they will be required to enter both your password and a code sent via text message or generated by Google Authenticator or any other authenticator app.
Once you have created an account on any NFT marketplace and linked it with your wallet, you can start creating your own NFTs. You will be asked to choose a name for your token, select an image, and write text describing your token’s purpose.
You can do a few things to help your NFT project succeed. These include:
The first step to marketing your NFT project is building a community. This can be done by creating a subreddit or forum on Reddit or Discord server. You can use these platforms to interact with fans, answer questions, and get feedback on future updates and features.
Listing your NFT on more than one marketplace will help boost its visibility, increase sales volume, and get more feedback from different communities worldwide. Some popular marketplaces are Rarebits, OpenSea and CryptoKitties Market. If you have time and resources, we recommend creating your marketplace too!
If you have a large community on Discord or Telegram, try hosting an AMA there too! This is a great way to get feedback on your project. You can also share development updates by answering questions from users in real time. This will help build trust between creators and community members, which could increase organic visibility via SEO.
Influencers can help you market your NFT project by talking about it on their social media channels, featuring it in their YouTube videos, or even reviewing it on their website. They have already built up large audiences that can be leveraged for your product launch. Influencers can also help you connect with other influencers in the space who may be interested in what your project has to offer.
There are many different ways that educational videos can be used to spread awareness about your NFT project. You could make a video that explains what non-fungible tokens are and why people should care about them. This is an easy way for people who know nothing about blockchain technology or crypto assets to understand the value of NFTs without reading through a long blog post or white paper. You could also make a video showing how easy it is to use your product.
Yes, you can trade NFTs. The trading of non-fungible tokens (NFTs) is a growing market yet to be fully developed. While you may be able to find some NFTs for sale on third-party marketplaces such as OpenSea, Rarebits, or RareBits, there’s no guarantee that it will be easy to find the exact NFT you’re looking for.
One thing to keep in mind when trading NFTs is the risk of losing your investment if the platform goes under. This isn’t just a concern with centralized platforms; there have been several instances where NFTs have been lost due to hackers getting into their databases and stealing them.
The good news is that some companies are working on decentralized exchanges that will allow you to buy and sell NFTs directly from each other without relying on a middleman. These include Ethershift, which will enable users to exchange their ETH for ERC-20 tokens through their site; IDEX, which offers an order book for ERC-20 token trades; and Oasis Exchange, which provides a way for traders to exchange ETH for tokens directly on its platform.
The benefits of investing in NFTs are as follows:
NFTs, allow investors to diversify their portfolios by investing in various assets. This range of options means investors can choose what works best for them. For example, if you want to invest in real estate without buying a house or apartment, you could purchase digital artwork or real estate through an NFT. You could also buy a digital painting or sculpture from an artist who represents their work online using an NFT platform such as OpenSea.
One of the main benefits of NFTs is that they can be easily transferred between individuals through various platforms such as Ethereum. You don’t need complex tools or wallet addresses because these tokens can be accessed via a user’s account or wallet address. This makes it easy for anyone to purchase or sell these tokens whenever they want without going through multiple steps to transfer them successfully.
NFTs are easy to validate because they exist on blockchains, transparent, open ledgers that anyone can see. Buying something using an NFT will appear in your wallet and all your other holdings. The same goes for when you sell it — everything is registered on the blockchain so that no one can claim ownership without proof. This makes buying and selling NFTs much easier than buying traditional stocks or bonds because there isn’t any paperwork involved.
NFTs grant their owners exclusive rights over their properties, which means they can’t be stolen or lost like other digital assets. Even if someone steals an authorized NFT from its owner, it will remain invalid unless they successfully re-register it with the blockchain network. In addition, since every transaction is recorded on the blockchain network, it’s easy to trace any unauthorized changes made to an asset’s ownership record.
The truth is that NFT does possess a significant value, at least from a technical standpoint. While it is true that the value in NFT is only as secure as the blockchain technology itself, this is also true for most forms of currency. With that in mind, NFTs are a valuable tool for incentivizing behavior among decentralized applications and smart contracts.
Gamestop NFT 2023: Everything You Need To Know About
The beginning is big yellow signs, flashing lights, and sales promotions. GameStop has steadily grown into the biggest video game retailer in the world due to these tactics. Recently, they have turned an eye towards something new, a new way to purchase certain games. GameStop is now selling game codes via physical store locations in a concept known as ‘GameStop NFT‘.
GameStop is a video game, consumer electronics, wireless services, and retailer.
The company’s retail outlets primarily market and sell games, gaming accessories, and consoles. The company also operates Game Informer magazine and the online gaming website Kongregate.com. The company has its headquarters in Grapevine, Texas.
GameStop is known for its collectible-card-game tournaments and its customer loyalty program “PowerUp Rewards”. Which offers incentives, including coupons, pre-orders, and other special promotions to customers. The customers accumulate points while shopping at GameStop stores or online at the retailer’s website. Customers can also earn points through Game Informer magazine subscriptions or by referring friends to the PowerUp Rewards program by giving them coupons or sending messages about upcoming promotions.
ImmutableX is a highly efficient, secure, and performant immutable data structures library written in pure Java. It provides a set of immutable classes that implement various data structures like Lists, Sets, Maps, Strings, etc. Unlike other libraries that offer mutable versions of these classes, ImmutableX strictly enforces immutability by only providing immutable implementations. In short, ImmutableX can build highly concurrent applications while maintaining thread safety and avoiding concurrency bugs like race conditions and deadlocks.
GameStop, the largest video game retailer in the United States, has partnered up with ImmutableX. This partnership aims to revolutionize the gaming industry by using blockchain technology to track games while allowing gamers to sell their digital assets on a decentralized marketplace.
The partnership between GameStop and ImmutableX will help create a seamless experience for gamers and developers. For example, the partnership will allow users to purchase games digitally using cryptocurrencies that they can resell on the marketplace. This means that gamers can use cryptocurrencies like Bitcoin and Ether to purchase games from GameStop’s digital store at a discount, then sell those digital assets back for cash or other digital assets offered by GameStop, such as gift cards.
In addition to this new service provided by GameStop, there are plans for a new cryptocurrency exchange, allowing users to trade cryptocurrencies like Bitcoin and Ethereum with other gamers worldwide.
A Web3 game is a game that works on any device that supports HTML5 and can be played on the web. The technology is the same as what you would use to create a mobile or desktop app, but instead of building it for your device, you build it for the web.
The main advantage of creating a Web3 game is that it will run on any device with a browser, not just your own. It also allows users to play games without installing an app. If they like your game and want to continue playing, they can download it from their browser and keep playing offline.
GameStop is digging into blockchain technology to transform itself into a web3 company.
The company has already invested in a blockchain startup, decentralized application platform, and tokenization platform called Loom Network.
GameStop’s new focus on blockchain comes as the company struggles with declining sales and a failing business model.
In response, GameStop has been trying to reinvent itself by selling more electronics, which have been doing better than physical game sales for years. But even this strategy isn’t working anymore as more people buy games digitally than ever, especially among younger gamers who want to avoid dealing with long lines at stores or waiting for shipments from online retailers like Amazon Prime.
GameStop’s new strategy is to compete with digital giants like Steam, which have been taking market share away from brick-and-mortar retailers for years.
GameStop’s new digital strategy isn’t just about competing with its rivals; it’s also about staying relevant in a world where digital sales are expected to outpace physical sales by 2023.
What are the Essential Features of the NFT Gaming Platform?
There are many valuable features that NFT gaming platforms can offer. The most important ones are:
Players will have full ownership rights and control over their digital assets and can own, trade, and sell them whenever they want.
The first type of NFT gaming is play-to-earn games. These games reward players with crypto tokens for playing and performing certain actions. This incentivizes players to keep playing because it means they can earn money from playing games. In addition, these incentives also encourage users to share the game with their friends and family, which further increases the number of players and thus leads to more revenue for the developer.
The NFT gaming platform is designed to have high interoperability with other platforms and applications, allowing users to transfer assets between games and platforms easily.
Besides, their own marketplace, here are some of the best marketplaces for GameStop NFT:
OpenSea is a marketplace for NFTs. It uses the Ethereum blockchain and smart contracts to create a decentralized gaming ecosystem where users can buy and sell NFTs. Open Sea allows users to play games with their NFTs and use them as collateral in lending protocols.
CryptoPunks is the original NFT marketplace. It launched in 2017 and quickly became one of the biggest NFT marketplaces in the world. Larva Labs is its parent company. The site has many categories, including CryptoKitties and CryptoCats. You can even sell your unique crypto-themed stickers.
Rarible is one of the most popular NFT marketplaces on the internet. The company was founded in 2019 and has quickly become one of the biggest NFT marketplaces in the world. Rarible has over 1 million registered users, and it’s growing steadily.
The platform allows users to buy and sell digital assets, including NFTs, cryptocurrencies, and other digital goods. It also allows users to transfer their digital assets between different games and send them over social media platforms like Facebook Messenger or Instagram Direct Message.
Rarible offers some of the best prices for NFTs compared to other online marketplaces like RareBits or OpenSea; they do not provide an escrow service as these two sites do. This means that you will need to trust whoever you’re buying from before sending them any money, but if you know what you’re doing, this shouldn’t be an issue.
This is one of the most well-known NFT marketplaces on the web today. It’s based in Canada and accepts both US and Canadian dollars.
It offers a wide range of different assets, including many types of sports cards and other collectibles. The site has over 200 categories where you can find what you want. It also has an easy search feature so that users can find exactly what they’re looking for quickly and easily.
GameStop stockholders have a lot of ownership in the company. GameStop is a publicly traded company; investors can buy and sell shares on the open market. However, GameStop has a lot of insider ownership as well. A quick look at the company’s most recent proxy filing reveals three classes of stock: Class A, Class B, and Class C. The holders of each class have different rights, including voting and dividend rights.
GameStop (GME) has about 67.5% institutional ownership.
In order to purchase a GameStop NFT, you need to register by connecting the wallet. This proceeds by using the account balance or by adding funds to the wallet.
To add funds to your account, click “Add Funds” and select the amount you want. If purchasing NFTs for the first time, you’ll need to enter your credit card information before adding funds. You can also use PayPal or a gift card at checkout.
Once you’ve added funds to your GameStop account, you can purchase NFTs by clicking on “Buy NFT” and selecting the name of the item you want to purchase.
Conclusion On Gamestop NFT
For those uninitiated, NFTs are essentially tokens for games, hence the name. They’re physical manifestations of digital assets that give you access to different in-game items. It’s not a new concept; it goes back to the days of trading cards and baseball cards. Having too many cards or even different games or consoles collecting dust can be burdensome because they need to be more practical. NFTs allow users to utilize their existing collections while simultaneously collecting new ones.
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