Snoop Dogg reveals himself to be an NFT whale on Ethereum (ETH), with a very valuable collection. Indeed, the rapper has just revealed that he is Cozomo de’ Medici, a well-known pseudonym on Twitter and in the crypto universe, at the head of an NFT collection estimated at $17 million.
SnoopDogg and Cozomo de’ Medici: two identities for a unique love of NFT
Snoop Dogg had already made waves in the growing NFT world by launching his own collectibles this spring, as well as announcing a collaboration with the creator of the popular meme, Nyan Cat. In the past, he was also invited to Blockchain Week in 2018, where he gave a private concert for… Ripple (XRP)
However, the rapper’s latest move is really unexpected. He just claimed to be the real person behind a Twitter personality, who spent millions of dollars to acquire a very valuable collection of NFTs on Ethereum.
Indeed, on Monday, Snoop Dogg tweeted to his 19 million followers that he was Cozomo de’ Medici, an NFT collector who joined Twitter in August. Cozomo has been tweeting regularly throughout his NFT journey in recent weeks, discussing the large sums of money spent on popular NFT collections, while showing a very good knowledge of the business.
Snoop Dogg is not the only celebrity to collect NFTs. NBA athlete Stephen Curry, social media star Jake Paul and comedian and TV host Steve Harvey are big NFT fans themselves. And he’s not the first celebrity to create a crypto-oriented account on Twitter, either. Fellow rapper and YouTube personality KSI has also created a special NFT account.
A well-stocked NFT art gallery
Snoop Dogg’s collection contains 99 CryptoPunks, including his most valuable NFT, in profile picture, estimated to be worth $4.6 million, based on current market prices. The wallet also contains 10 Meebits NFTs – the 3D avatars created by CryptoPunks’ authors, Larva Labs – as well as a large number of different NFTs from the Art Blocks art series.
It will be recalled that an NFT acts as a deed to a digital item, which is proven to be rare, and it can represent a still image, a video file, a video game accessory and much more. Other valuable assets in Cozomo de’ Medici’s portfolio include an NFT from photographer Justin Aversano’s Twin Flames collection, as well as some Moonshot Bots.
Snoop Dogg also appears to own several Rocket Factory NFTs by Tom Sachs, the same collection that Budweiser purchased. And like Budweiser, who found his wallet flooded with all sorts of random NFTs once the address was exposed to the public, Cozomo’s wallet has been undergoing a steady stream of oddball collectibles since yesterday.
Snoop Dogg actually started a thread on Twitter for the more curious among you:
“Did I imagine that my very first purchase of a ‘useless’ jpeg would cost $2 million? Absolutely not. It should have been $4 million. Folks, today I’m sharing the uncensored story of how I entered the wild world of NFTs. From 0 to 8 figures in 30 days. Have a drink, sit back and hold on tight.”
In addition to tweeting his pseudonym yesterday, Snoop Dogg also retweeted famous NFT investor and project advisor DCinvestor. That would almost make us forget that Snoop Dogg made the cryptocurrency Dogecoin soar (+800%) earlier this year.
Regardless, Cozomo’s account tweeted yesterday that he would no longer discuss the real person behind the pseudonym:
“As my notoriety is considerable, the tweet will likely be discovered. Those who are curious about my identity will soon know (…) Those who don’t care, or who simply prefer not to know the source of my vast fame and fortune, can simply not search. I will keep this account focused on NFT, and I will not mention it again here.”
If this is all a ruse, somehow it draws attention to both Snoop Dogg, Cozomo de’ Medici, and the ever-growing NFT world. OpenSea is furthering this mainstream adoption by launching its app on Android and iOS.
