Rapper Snoop Doog is one of the most successful artists in the world, and he has decided to use his heritage to have his own NFT gallery. If it's not a Twitter account hack and the reports aren't misleading, Snoop Dogg's NFT collection is worth $ 17 million.
Snoop Dogg revealed a few days ago on Twitter that he has been collecting non-fungible tokens (NFTs) under the pseudonym Cozomo de 'Medici, a reference to the historic aristocratic family "by Medici«. According to DappRadar's portfolio estimation tool, Snoop Dogg has accumulated NFTs with an estimated value of over $17 million
Snoop Dogg, NFT Compilation Artist
Using his Twitter username for Cozomo De Medici, Snoop Dogg has been sharing detailed tips for making money from the crypto space. Snoop Dogg's personal collection of NFTs is spearheaded by nine elements from the Ethereum blockchain-based CryptoPunks project, according to news portal Decrypt.co. This same NFT series is one of the most popular on the blockchain, and it recently signed an agreement with a talent agency so that its image can be used in other media.
Snoop Dogg's portfolio has the most valuable profile picture NFTs in the CryptoPunks series worth about 4,6 million. It also owns ten NFT Meebits, which are 3D avatars created by the makers of CryptoPunks, Larva Labs; and several NFTs from the Art Blocks generative art series along with Tom Sachs' Rocket Factory NFTs.
That Snoop Dogg has spoken openly to his fans about NFTs shows that they have stepped into the realms of the art market's greatest clients - the wealthiest. Although it may also be that Snoop Dogg wants to show off his collection, or that his collection is revalued trying to sell part of it under the premise that the NFTs were his property.
