A recent NFT drop by Snoop Dogg on Telegram attracted significant attention, selling out in just 30 minutes and generating $12 million.
Success of Snoop Dogg's NFT Drop
The NFT on Telegram, composed of digital collectible items, sold out almost instantly. Within only 30 minutes, tokens worth a total of $12 million were sold.
Telegram as a Platform for NFTs
Snoop Dogg's launch on Telegram demonstrated that the app has long ceased to be merely a messaging tool. It is now becoming an important venue for conducting NFT drops and engaging with audiences.
Future of Digital Collectibles
The success of Snoop Dogg's drop highlights the growing interest in digital collectibles. This also emphasizes new opportunities available for artists and creators using platforms like Telegram.
The phenomenal sale of Snoop Dogg's NFT is a striking testament to how rapidly digital collections are evolving and how traditional methods of artist-audience interaction are changing.
