Snoop Dogg, an actor and rapper developed his interest in cryptocurrency and digital assets in the last couple of years. The involvement of famous personalities like Justin Bieber, Mike Tyson, and Kim Kardashian attracted Snoop’s attention towards the crypto landscape. Recently, he partnered with Crypto Casino Roobet, showing his never-ending interest in the cryptocurrency landscape.
The Early Life of Snoop Dogg
Snoop Dogg, born on 20 October 1971, in California, US. He started his career in the music industry in 1992. He appeared in many of the films such as Deep Cover, The Chronic, etc. Later, Snoop tried his hands in singing and achieved continued success. The Next Episode, Young, Wild, and Free, Bad Decisions are some famous songs of Snoop Dogg that made him a popular icon in the rapping industry.
Snoop Dogg’s Journey with Crypto and NFT Projects
Focusing on the journey of Snoop Dogg with digital assets, he jumped on the cryptocurrency bandwagon and NFT market in the past few years. He announced many of the NFT and digital asset ventures in the past few years and is about to develop a crypto kingdom. His active investment in the crypto market, majorly in the Bitcoin was worth around $2 Million and opened one of the major sources for income. He is the early adopter of cryptocurrency and accepted Bitcoin as a payment for his work.
Snoop’s interest in meme cryptocurrency developed in 2021, when he started investing in Dogecoin. The cryptocurrency was a rapidly-growing coin and gained popularity in a few months of release.
Browsing the Medici’s Wallet, Snoop owns various NFTs including CryptoPunks, Meebits, Moonbirds, Invisible Friends, Bored Ape Yacht Club. Recently, an NFT collection was created by Crypto.com named “A Journey with the Dogg” and released it in March 2021. The collection includes eight artworks inspired by Snoop’s life memories along with a song called “NFT”.
Afterward, he also partnered with Sandbox, the metaverse gaming platform to create Snoopverse. The purpose is to develop a mini virtual world within the Sandbox ecosystem, with 122 parcels of digital land, Snoop-Dogg-inspired avatars, and 67 land-and-NFT bundles available for purchase.
Snoop’s NFT investments are worth around $1 Million.
In the year 2022, the rapper announced his collaboration with the Clay Nation to introduce the NFT collection on Cardano named, Baked Nation.
Recently, he announced his partnership with Crypto Casino Roobet, showing his interest and growth in the digital asset marketplace.
Apart from his crypto journey, Snoop also made investments in tech companies like Robinhood, Secret, and Reddit which made him a real businessman. His investments in tech companies are worth around $15 Million.
Conclusion
Snoop Dogg, a rapper, actor, and entrepreneur, developed his interest in cryptocurrencies and NFTs after the involvement of some famous personalities in the landscape. He mainly invested in Bitcoin, one of the oldest cryptocurrencies, and accepted the same for his work. Apart from this, his investments and collaboration to introduce new collections succeeded him in developing a cryptocurrency kingdom.
Source: https://www.thecoinrepublic.com/2023/08/05/will-snoop-dogg-succeed-in-developing-a-crypto-kingdom/