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Ripple vs. SEC Lawsuit Documentary to Launch in the Metaverse

Mark Brennan
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Ripple vs. SEC Lawsuit Documentary to Launch in the Metaverse

Ripple vs. SEC Lawsuit Documentary to Launch in the Metaverse.



According to a Variety report, MContent, a Dubai-based content platform, has disclosed that it has partnered with PricewaterhouseCoopers (PwC), to launch a virtual reality documentary about Ripple’s ongoing battle with the Securities and Exchange Commission (SEC). 

The documentary, dubbed Ripple vs. SEC Saga, was produced by MContent and Amsterdam-based Insight TV, alongside Villain Studios, and will air in a virtual theater in the metaverse. 

Per the report, the Ripple vs SEC Saga will launch in MContent’s Cineverse, a virtual reality theater created within the metaverse project developed in partnership with PwC. 

People interested in viewing the documentary will be required to use Oculus VR headsets or other augmented reality glasses, Variety reports. 

Aside from the virtual reality theater, the documentary is also available on MContent’s tokenized streaming platform. 

Speaking about the development, Umair Masoom, founder and CEO of MContent, said in a statement:

“The immersive cinema experience, designed in collaboration with PwC, has global scalability and mass adoption capability,” 

Masoom added that the idea of bringing the MContent Cineverse to a global audience is to “increase funding and screening opportunities for thousands of independent filmmakers,” who want to also launch their media content on the platform. 

The plot of the documentary borders around Ripple’s ongoing legal battle with the SEC. 

Recall that in late 2020, the Securities and Exchange Commission charged the popular blockchain company and two of its executives, Brad Garlinghouse and Chris Larsen, for conducting an unregistered securities offering in the United States. 

While the SEC is convinced Ripple breached its laws through the sale of XRP, the fintech company has maintained that its digital token is not a security but a currency. 

The argument has led to a long-term battle that has lasted for more than a year, with both parties not willing to reach a settlement agreement. 

At the moment, Ripple’s response to SEC’s request to redact some portions of meeting’ minutes with the federal agency and other third parties is due on April 4, 2022. 

Ripple Unlocks 600 Million XRP From Escrow, While Locking Another 800 Million in Separate Transactions 

Albert Brown
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Ripple Unlocks 600 Million XRP From Escrow, While Locking Another 800 Million in Separate Transactions 

Ripple is making moves to prevent the XRP price from crashing amid its legal woes with the Securities and Exchange Commission. 



After unlocking over 1 billion Ripple (XRP) from its escrow wallet in the early hours of yesterday, the famous blockchain company has sent most of the unlocked tokens back to the escrow address. 

Recent data from WhaleStats, a data analytics company that tracks large cryptocurrency transactions, shows that Ripple transferred 800 million XRP coins unlocked back to its escrow wallet yesterday. 

The fund’s transfer occurred in two separate transactions, with each worth 400 million XRP ($329,440,486), respectively.  

 

The funds transferred back to Ripple’s escrow wallet are part of an effort by the team to mitigate any adverse price effects on the XRP token. 

Meanwhile, before the company opted to lock some of the funds in its escrow wallet, Ripple also unlocked more tokens in the late hours of yesterday. 

In three separate transactions spotted yesterday, the company unlocked a total of 600 million XRP worth approximately $500 million at the transaction time. 

 

Unlike most cryptocurrency projects, Ripple uses a unique method of releasing XRP tokens to the market. 

Instead of using the Proof-of-Work (PoW) or a Proof-of-Stake (PoS) model to produce new coins, Ripple, after conducting its Initial Coin Offering (ICO) for XRP, held a majority of the coin in an escrow wallet. 

Of the 100 billion XRP total supply, the Ripple team held 55% of them, and at the end of the 2017 bull market, the company noted that it would unlock these coins gradually. 

The move is to protect the token’s price from dumping as more supply of an asset usually ushers in lower prices. 

To further protect the XRP price, Ripple usually sends most of the released tokens back to the escrow account, as seen yesterday. 

Yesterday Ripple Labs released a whopping 1 billion XRP from its escrow wallet. The 1 billion XRP was unlocked from escrow in two separate transactions, representing 500 million XRP for each transaction.

However, Ripple is doing everything it can to keep its investors safe from more losses as its ongoing battle with the Securities and Exchange Commission (SEC) has already done more harm to them. 

Shiba Inu Launches Locker Program to Enable Shiboshi & LEASH Holders to Join the Land Auction for SHIB: Shib Metaverse Complete Details

Mark Brennan
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Shiba Inu Launches Locker Program to Enable Shiboshi & LEASH Holders to Join the Land Auction for SHIB: Shib Metaverse Complete Details

The Shiba Inu (SHIB) community was ecstatic earlier this week as developers of the popular dog-themed cryptocurrency officially announced details of its virtual reality project dubbed SHIB: The Metaverse. 



The initiative is part of efforts to ultimately prove that Shiba Inu is no longer a memecoin, a title given to cryptocurrencies created out of internet jokes. 

Despite the excitement that flooded the Shiba Inu community following the launch of SHIB: The Metaverse, not too many people have good knowledge about the upcoming project.  

This article will critically explain everything you need to know about this new Shiba Inu project to enable you to participate when it is officially unveiled. 

What is SHIB: The Metaverse? 

According to the team behind the initiative, SHIB: The Metaverse is a project that virtually displays everything about the Shiba Inu, including its history. 

The initiative creates a virtual representation of the Shiba Inu’s history using beautiful visuals capturing its innovation and unity and also establishes a home for the SHIBArmy, a name given to supporters of the project.  

The entire Shiba Inu ecosystem, including $SHIB, $LEASH, $BONE, and the upcoming play-to-earn (P2E) game will be deployed in the metaverse, with each of the tokens playing integral parts, as new phases are unveiled. 

Interestingly, the Shiba Inu team noted that it will be partnering with AAA Game Developer Studio to raise funds that will be channeled toward the development of the metaverse. 

Projects in the Shib Metaverse 

At the moment, Shiba Inu has only unveiled land totaling 100,595 plots. The plots of land, which will be released in phases, will give the SHIBArmy an opportunity to become a part of the “immersive Shiba-inspired environment.” 

The project team is not planning to release all of the plots to the community, as some of them will remain private, which will be used as “common grounds” for avenues, boulevards, and hubs. 


Allocation of Land Plots 

According to the Shiba Inu team, the land will be allocated in phases starting with the ‘Introductory Stage.’ 

In the Introductory stage, a total of 36,431 plots will be made available to the public. The plots at this stage will be divided accordingly into four tiers as stated below: 

Tier 1 (Diamond Teeth) : 2,024 plots 

Tier 2  (Platinum Paw) : 5,714 plots 

Tier 3 (Gold Tail) : 7,356 plots 

Tier 4  (Silver Fur) : 17,030 plots 

Private hubs:  4,307. 

Land Prices

Per the details published yesterday, the prices of the plots of land vary based on the tier you are interested in.  Contrary to what many supporters may think, the developers have decided to use Ethereum (ETH) as the land pricing cryptocurrency as opposed to using any of the Shiba Inu native coins. 

The move is designed to prevent any downside risk to Shiba Inu native cryptocurrencies because the team is planning to convert a large percentage of the funds raised via the auction to stablecoin, in order to pay all relevant parties their necessary fees. 

Per the price pricing details of the plot, the minimum fixed price for each tier is as follows: 

Tier 1 (Diamond Teeth) = 1 Ethereum 

Tier 2  (Platinum Paw) = 0.5 ETH  

Tier 3 (Gold Tail) = 0.3 Ethereum

Tier 4  (Silver Fur) = 0.2 Ethereum 

Benefits of Owning Land in SHIB: The Metaverse 

The project team has unveiled mouth-watering opportunities associated with owning plots of land in the SHIB virtual reality world, and they include: 

  • Landowners can become part of the Shiba Inu success story. 
  • Generate active and passive revenue via a number of initiatives.
  • Owning a unique space in the ecosystem to build and deploy personal projects. 
  • Landowners will have access to special privileges and features in the ecosystem. 
  • Have your name displayed on your plot of land thus creating more awareness for your brand 

How to Gain Access 

The developers noted that the metaverse project, as well as other future projects, can be accessed via its new domain SHIB.io. 

 

Members of the community are advised to tread carefully when accessing the website in order to avoid visiting a replica domain that could lead to a phishing attack. 

Process of Joining the Upcoming Land Bids 

The Shiba Inu team has chosen to adopt three stages to enable people to purchase land in the metaverse.

  1. Bid Event

In order to join the process of acquiring a plot in SHIB: The Metaverse using this procedure, you will be required to lock your $LEASH token or Shiboshi non-fungible token in a newly developed locker tool on the official website.  

The assets will be locked for a minimum of 45 days, and the bid will run for 72 hours (three days). Users can use an interactive map to locate any plot of their choice and place their bids in ETH. 

The funds will be immediately deducted from your wallet and you will be allowed to mint the plot when nobody outbids your offer. Similarly, the deducted funds will be returned back to your wallet if another user outbids your offer. 

  1. Holders’ Event 

This is a process of rewarding loyal LEASH and Shiboshi holders who did not have the opportunity to participate in the bid event. This phase will commence immediately after the bid event ends and will last for a period of seven days. 

People who lock their LEASH and Shiboshi using the official locker, will be allowed to buy the remaining plots of land that were not sold in the first stage. 

  1. Public Sale 

At this stage, people who cannot join the first two phases because they do not own LEASH and Shiboshi will be allowed to purchase the remaining available plots 10 days after the first two events end. 

For this process, anyone can buy the land for each tier at the fixed prices stated above. 

Shiba Inu said in the announcement that it will distribute 3% of all proceeds from the land sale events to all $LEASH lockers who participate in the first two phases.  

The rewards, which will be distributed in the BONE token, and will be released during the unlock period. 

Shiboshi and LEASH Locker Program

The Shiba Inu team is not planning to wait any longer to commence the sale of the virtual reality land, as it has opened the locking system for Shiboshi and LEASH. 

The Shiboshi and LEASH lockers will enable holders to lock these assets for a specific period in order to participate in the upcoming land sale. 

As mentioned in this article, investors who participate in the LEASH and Shiboshi locker program will be eligible to join the first two phases, bid and holder events, of the land auction. 

For investors interested in joining the first two events of SHIB: The Metaverse locking system, the minimum amount of LEASH you can lock is 0.2 while the maximum is 5 LEASH. 

Similarly, Shiboshi holders will be required to lock at least 1 Shiboshi and a maximum of 10 Shiba Inu non-fungible tokens. 

It is worth noting that the number of LEASH and Shiboshi you lock will determine the amount of plots of land you can bid for. 

Furthermore, investors who want to join the first two events will be required to leave their locked Shiboshi and LEASH in the locker for a minimum of 45 days and a maximum of 90 days. 

Once you have successfully locked your assets, you can use the map provided on the platform to place your bid using Ethereum during the first sale event. 

19th Million Bitcoin Has Just Been Mined, Only 2 Million More BTC Left For Mining

Lele Jima
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19th Million Bitcoin Has Just Been Mined, Only 2 Million More BTC Left For Mining

Bitcoin Nears Its Total Supply As the 19 Million BTC Has Just Been Mined.



The world’s largest cryptocurrency by market capitalization, Bitcoin, has hit a new milestone today, as the 19th million coins were mined today.

Following the groundbreaking feat, the cryptocurrency drew closer to its hard-coded total supply cap of 21 million. 

The 19th million coins, which were mined at block 730,003 today at 18:35 UTC, indicate that there is currently 90.47% of the total Bitcoin supply in circulation. 

It may sound logical to many that the minting of the 19th million Bitcoin will take a few years before BTC miners will completely mine the 21 million coins. 

However, BTC developers adopted a special algorithmic pattern in the mining of Bitcoin, making the process of producing new coins harder as the cryptocurrency edges closer to the 21 million supply. 

Interestingly, the concept of Bitcoin halving, which slashes miners’ rewards at approximately four years, will reduce the BTC supply by 50%, thus making it slower to mine the remaining two million Bitcoins. 

According to the BTC developers, the last Bitcoin will be mined in the next 117 years. Once there are no more Bitcoins to mint, miners will have to settle for transaction fees paid by users when sending the crypto through the blockchain.  

Number of Bitcoin Long-Term Holders Now Holds 12M BTC Amid Growing Confidence Among Investors

Albert Brown
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Number of Bitcoin Long-Term Holders Now Holds 12M BTC Amid Growing Confidence Among Investors

Traders’ confidence in Bitcoin’s prospects surges.



The number of Bitcoin long-term investors has surged to a new all-time high (ATH) as more people continue to set their sights on the future potential of the top asset class, as opposed to shorter gains. 

Data from IntoTheBlock shows that the Bitcoin balance of long-term investors, who have been holding the world’s largest cryptocurrency for at least a year, has hit a new ATH of 12 million BTC today. 

“ATH Hodler Balance – Long-term investors now hold a record amount of nearly 12 million #Bitcoin. The long-term conviction of these addresses helps ease selling pressure and can help reinforce the belief of Bitcoin as a store of value,” IntoTheBlock reports today. 

According to the data, most Bitcoins were accumulated between the price level of $15,000 and $55,000.  

This suggests that most of these investors will continue to hold the asset class because it is trading below their purchase price. 

Earlier this week, Bitcoin brought joy to the faces of many investors as the cryptocurrency surged above $47,500, its highest value since the beginning of the year. 

The cryptocurrency suffered a slight retracement earlier today as it traded around $44,300 in the early hours of today. 

However, traders did not seem shaken by the slight dip as many saw the price dip as an opportunity to add up to their Bitcoin holdings. This is in contrast to traders’ attitudes during the commencement of Russia’s invasion of Ukraine. 

Following the declaration of a full-scale invasion of Ukraine, Bitcoin’s fear and greed index fluctuated between 25 and 20, indicating extreme fear, as BTC dipped below $33,000 then. 

Interestingly, the days of extreme fear are behind investors, as the BTC fear and greed index has surged tremendously since February. It is currently at 50, indicating a neutral behavior of the world’s largest cryptocurrency. 

 

At press time, BTC is trading around $46,500, up 1.5% from what was recorded in the last 24 hours. 

Double Standard? Bitcoin Critics Are Not Condemning Russia’s Plans to Link the Ruble With Gold 

Mark Brennan
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Double Standard? Bitcoin Critics Are Not Condemning Russia’s Plans to Link the Ruble With Gold 

Russia is linking the ruble with gold, but nobody is saying anything negative about the move.



The crypto market has faced increased scrutiny from traditional financial experts, who have called on global regulators to impose stringent regulations on the sector to prevent Russia from evading sanctions using the nascent class. 

However, none of these traditional financial players, who previously called for tighter regulatory measures for Bitcoin, have exhibited the same energy following reports of Russia linking the Ruble to popular yellow metal gold. 

There has been a loud silence from these Bitcoin critics since Russia announced the initiative. 

Russia’s apex bank reportedly disclosed that it would exchange the Ruble for gold and vice versa, a move that has stabilized the value of the ruble against the U.S. dollar above levels before the invasion of Ukraine commenced. 

Apparently, gold proponents adopt double standards when making regulatory calls for Bitcoin. For most of these traditional players like Peter Schiff, Elizabeth Warren, and Hilary Clinton, cryptocurrencies are mostly used to facilitate illicit transactions like money laundering, terrorist financing, and illicit drug sales due to their pseudonymous nature. 

They fail to understand that the cryptocurrency industry has grown beyond the level it was 12 years ago. 

It has been largely proven that crypto transactions are not completely anonymous, as noted by Ripple’s founder Brad Garlinghouse. 

Global authorities can acquire details of a crypto transaction as seen in previous cases like the BitMEX hack and the recovery of ransoms paid in Bitcoin. 

Russia is fully aware of these flaws and it has resorted to using gold as a method to evade sanctions slammed on the country. 

As reported, Pavel Zavalny, Russia’s head of Parliament disclosed last week that the country would stop accepting United States Dollars as payment for its natural gas. 

Zavalny noted that Russia would accept payment for its natural gas in the Ruble, gold, and a list of other payment methods, with Bitcoin, added at the end of a long list of “friendly” currencies. 

His statement confirmed that Russia favors gold over Bitcoin in its quest to evade sanctions, yet traditional financial experts have remained mute about it. 

A Reddit user u/Set1Less commenting on the topic writes:

“Russia’s government has attempted to peg Ruble’s value to gold. It has not yet been announced that the Ruble is backed by gold, but the Russian central bank has said it will exchange the ruble with gold and vice versa for a fixed rate. This has resulted in the Ruble’s value stabilizing and is now above the levels before the start of its invasion.

Using Gold, they are sidestepping sanctions. Yet I cannot find any chatter of how gold is being used to sidestep sanctions, by the usual talking heads like Elizabeth Warren who tried to make a case that crypto could be used by Russia. She even brought out some Acts in Congress against this.. but Russia is actually using gold, and she is silent as a mouse on this issue. Does she love her gold jewelry so much that she cannot bear to see it being linked with the enemy using it for nefarious purposes?

They just want to make a worst-case scenario for everything related with crypto and are willing to disregard what is actually happening. Where is the “Protect Gold From Enemies” Act?

Russia has not used crypto whatsoever, yet hundreds of articles and forums were keenly discussing just the possibility. In many places, you couldn’t reason with the mob that Russia cant use crypto gave they cannot even access liquid exchanges that are all based out of the West. No one cared, everyone used it as an occasion to smear crypto.

Now that Russia’s government is using gold, all of these people are silent. It is fine to use gold, but if they use crypto then they will raise their voices? The levels of hypocrisy are off the charts.”

Long-awaited “Tenderbake” Upgrade Revolutionizes the Tezos Blockchain

Mark Brennan
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Long-awaited “Tenderbake” Upgrade Revolutionizes the Tezos Blockchain

Tezos, one of the original and longest-running Proof-of-Stake blockchains, has activated the ninth upgrade to the protocol, codenamed “Ithaca 2,” after being voted in by the Tezos community. Ithaca 2 replaces the current consensus algorithm (Emmy*) with Tenderbake – a revolutionary upgrade that sets the stage for a new era of innovation for the Tezos protocol. The new Tenderbake consensus algorithm enables lower block times, which will result in faster transactions and smoother-running applications on Tezos.

The Ithaca 2 upgrade is an unprecedented achievement for blockchains and open-source decentralized software, and demonstrates the effectiveness of the Tezos governance framework which was created to enable dramatic changes in design. In addition to Tenderbake, Ithaca 2 further prepares the Tezos protocol for ambitious scalability plans such as rollups for WebAssembly and EVM compatibility with pre-checking, a lightweight validation scheme for the mempool which will increase overall throughput. Lastly, the Ithaca 2 upgrade will reduce the requirement to become a network validator (“baker”) by 25% from 8,000 tez to 6,000 tez, strengthening the decentralized nature of Tezos.

Designed to evolve, Tezos’ advanced governance framework allows it to integrate cutting-edge innovations from across the blockchain industry through its proven self-amendment mechanism. For example, shielded transactions from the Zcash Sapling protocol were introduced in the Edo upgrade. The consensus algorithm Tenderbake, based on Tendermint from the Cosmos protocol, was introduced in the latest version Ithaca 2 upgrade. A scaling announcement from Tezos ecosystem developers in March 2022 outlined proposals for optimistic rollups modeled on Arbitrum, a popular rollup system on Ethereum, and zk-rollups based on leading industry research. With these regular upgrades, Tezos continues to provide both best-in-class core technology and leading features across privacy, scalability, and security.

Over the last year Tezos has seen booming growth in user activity, with smart contract calls increasing per month from 100,000 in January 2021 to over 6.2 million in January 2022. Tezos continues to see adoption and momentum grow, with landmark technical integrations by leading sports franchises and global brands such as Red Bull Racing, Manchester United, The Gap, Kia and more. By building on Tezos, industry leaders are showing  their confidence in Tezos as the energy-efficient, low cost blockchain of choice for the Web3 revolution.

The Tezos ecosystem is composed of thousands of builders and creators developing projects at the application layer across arts and culture, financial services, and more. Over the past year the ecosystem has seen adoption flourish as users, developers, brands, venture capital firms, strategic collaborators and others commit resources to build and grow Tezos in new ways.

Tezos is an energy-efficient Proof-of-Stake blockchain with an average annual energy footprint of 17 individuals. Learn more about Tezos at Tezos.com.

About Tezos:

Tezos is smart money, redefining what it means to hold and exchange value in a digitally connected world. A self-upgradable and energy-efficient blockchain with a proven track record, Tezos seamlessly adopts tomorrow’s innovations without network disruptions today. For more information, you can visit tezos.com or Contact Info@marketacross.com

Top ETH Whales Scoop Up Over 1.15 Million Chainlink (LINK) In 24 Hours

Zabi
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Top ETH Whales Scoop Up Over 1.15 Million Chainlink (LINK) In 24 Hours

Top Ethereum (ETH) whales are accumulating Chainlink (LINK) aggressively in the last 24 hours as the price of LINK dropped significantly, i.e., more than 6% on Friday.



Recently, WhaleStats reported on three large transactions made by the 32nd biggest whale on the Ethereum network. This whale had purchased a significant amount of LINK.

The report notes that this Ethereum whale had bought more than 299,970 LINK, worth $5,195,478 (5.19M) USD through three separate transactions. Each transaction equals to 99,990 LINK, worth $1,731,826 (1.73M) USD.

Looking deep into the whales’ wallet, we found that Chainlink is her 38th biggest position by dollar value.

Before this purchase, the whale held a total of 135,933 LINK worth $2,419,550 ($2.41M). Soon after the recent accumulation, LINK holding appears to surge for the whale wallet and comes out to be 435,903 LINK worth 7,846,254 (7.84M) USD.

It is not the only ETH whale that has purchased large amounts of the Chainlink.

Another mysterious whale, currently ranked as the 337th biggest ETH whale on WhaleStats, was reported to accumulate 855,137 LINK for ,468,918 (14.46M) USD through carrying one massive transaction.

For the past 24 hours, ETH whales have accumulated a total of 1,155,107 (1.15M) LINK for $19,664,396 ($19.66M).

Following this massive accumulation from ETH whales, LINK became the most traded token among the top 5000 ETH whales by flipping Quant (QNT) during the last 24 hours, as per data provided by WhaleStats.

At the time of writing, the Chainlink price is trading at $16.81, down over 6% for the day, with a 24-hour trading volume of $880,720,622.73 ($880.72M) USD, showing an increase of over 13% compared to the previous day.

ETH Whale “Bombur” Accumulates 273 Billion Shiba Inu, Whale Holdings Jumps from 560B SHIB To 833B

Zabi
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0
ETH Whale “Bombur” Accumulates 273 Billion Shiba Inu, Whale Holdings Jumps from 560B SHIB To 833B

Major Ethereum (ETH) whale wallet is seen accumulating Shiba Inu (SHIB) token more aggressively as the price of SHIB falls more than 9% for the day.



The whale holding increased from 560 billion SHIB tokens ($15.59M) to 833 billion SHIB ($20.82M) within 72 hours.

The 20th biggest whale of Ethereum (ETH), known as “Bombur,” has just accumulated a total of 175,303,981,528 (175.30B) SHIB, worth $4,553,868 (4.55M) within less than 24 hours, through three separate transactions.

As reported yesterday, the whale spent more than $1.5 million purchasing over 58.6 billion SHIBs. Soon after reporting, the same whale made another big transaction and again acquired 58,807,087,673 (58.80B) SHIB for ,521,927 (.52M).

The whale made these massive transactions one after the other, with a gap of no more than 4 hours, while the SHIB price was probably hovering around the $0.00002629 mark.

Following this accumulation, the SHIB price dropped significantly, i.e., at the time of writing, the SHIB price is hovering around $0.00002523, down more than 9% for the day.

Taking advantage of the sharp price, the same whale just made another massive transaction and added 57,871,907,885 (57.87B) SHIB to her portfolio for ,452,584 (.45M). The transaction is reported by one of the reliable blockchain data tracking websites, WhaleStats, via tweet.

The same whale accumulated a total of 50,687,552,959 (50.68B) SHIB, worth ,360,960 (.36M) through one transaction on March 29, and 47,491,172,343 (47.49B) SHIB for ,324,053 USD (1.32M) on March 30.

With such massive accumulation, the Shiba Inu holding for 20th Biggest ETH Whale “Bombur” jumped from 560 billion SHIB tokens ($15.59M) to 833 billion SHIB ($20.82M) within the period of last 72 hours. In this way, the whale gobbled up a whopping total of 273,482,706,830 (273.48B) SHIB, worth $7,238,881 ($7.23M) since March 29 through five separate transactions.

Snoop Dogg & Son Secretly Partners Cardano NFT Project Clay Mates to Launch Digital Collectibles 

Mark Brennan
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0
Snoop Dogg & Son Secretly Partners Cardano NFT Project Clay Mates to Launch Digital Collectibles 

Snoop Dogg has expanded his foray into the crypto space by entering the Cardano ecosystem.   


 

Popular American hip hop star Snoop Dogg has partnered with Cardano-based non-fungible token (NFT) developer Clay Mates to launch his personal digital collectibles on April 10, 2022. 

The initiative, which will also be joined by the Grammy Award winner’s son Cham Medici, will see the trio launch a unique map space in Clay Mate’s clayverse, dubbed Baked Nation. 

Interestingly, the digital collectible will enable holders to get access to unreleased Snoop Dogg’s music, as well as a limited edition “pitch.” 

The development further confirms Snoop Dogg’s push into the Web 3 ecosystem, as he continues to participate in significant cryptocurrency projects, including the Sandbox Play-to-Earn (P2E) game. 

The rapper may likely plant a flag inside Clay Mate’s mission world like Snoop Dogg’s agreement with Sandbox developers. 

Notably, Snoop Dogg’s Baked Nation could prompt Clay Nation to add some exciting areas in the clayverse, such as Sonic Village and Underworld, to enable the NFT holders to have pleasurable experiences. 

As part of efforts to mark the NFT drop, Snoop Dogg, Champ, and Clay Nation will be hosting space on the popular microblogging platform Twitter on April 5, 2022, at 6 PM UTC. 

The trio will provide detailed information about the upcoming NFT and also answer questions from prospective investors. 

Interestingly. Cardano founder Charles Hoskinson may also join the upcoming Twitter event. 

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