- Snoop Dogg, the legendary rapper, has chosen the Cardano ecosystem to launch his new NFT collectibles.
- The rapper will collaborate with Clay Nation to provide fans with access to rare and unreleased music.
- Cardano's DApps and NFT space continues to expand at a rapid pace.
Snoop Dogg Teams Up With Cardano
Snoop Dogg's announcement of a collaboration with Clay Nation for the launch of an NFT collection sparked excitement across Cardano. The collaboration includes top NFT artist Champ Medici and will provide the holder with exclusive access to the artist's previously unreleased songs as well as other limited insignia.
"It's official: Snoop Dogg and Champ Medici will collaborate with Clay Nation to bring you iconic collectibles, unreleased music, and limited edition 'pitches,'" Clay Nation announced on Twitter. The announcement was accompanied by a video showing Cardano's founder reaching out to Snoop Dogg for blockchain collaboration.
Both Hoskinson and Snoop Dogg have given their approval to the post. The NFT project mentioned in the video "Claymations" is set to launch on April 5th and claims to be "original handmade Clay NFTs." Over the last few days, the project has gained significant traction.
Snoop Dogg's collaboration with Cardano is not his first foray into NFTs. By constructing the Snoopverse on SandBox, the legendary rapper has made several forays into crypto and the metaverse. He is also heavily relying on music NFTs, and has revealed plans to turn the recently acquired Death Row Records into the metaverse's first NFT recording label.
Cardano's Developing Ecosystem
After a sluggish start following the inclusion of smart contracts on Cardano, the network has come to life in recent months. Cardano's TVL has increased by more than 25,000% since January 1 to reach $300 million. Unsatisfied with the metric, the network announced the achievement of surpassing the 4 million native assets issued on Cardano milestone.
"Remember when I predicted thousands of Cardano assets and DApps?" "Well, I was wrong; there are now millions of native assets in circulation, and DApps number in the hundreds," Charles Hoskinson said.
Hoskinson claims that following the Vasil hard fork, Cardano's ecosystem will soar to unprecedented heights. He stated that "many Cardano DApps are waiting for the Vasil hard fork to launch in June to benefit from pipelining," and that this would have a significant impact on TVL.
DISCLAIMER
The author's or anyone else's views or opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading in crypto assets carries a financial risk.
IMAGE CREDIT
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