In Brief:
- Snoop Dogg reveals himself as an NFT collector and the real person behind ‘Cozomo de Medici’.
- Currently, Cosomo AKA Snoop Dogg is holding a valuable collection of NFTs including CryptoPunk.
- The total value of this collection is more than $17 million.
The famous Rapper Snoop Dogg has surprised his 19 million followers on Twitter after revealing that he is the person behind the crypto Twitter pseudonym who has spent millions of dollars in the last few weeks to purchase a collection of NFT Ethereum blue chips.
On Monday, Snoop Dogg had tweeted that he is the real person behind the name ‘Cozomo de Medici’ who came on Twitter in August. Cozomo was continuously posting a tweet about his NFT purchase as he had spent a large amount of money to acquire famous NFT collections.
Snoop is not the only celebrity who acquired famous NFT: NBA athlete Stephen Curry, social media star Jake Paul, and comedian and TV personality Steve Harvey are the famous faces who had purchase valuable NFTs collections. Before this, KSI had an account to keep his crypto speculations aside.
Currently, Cozomo de’ Medici’s wallet has more than $17M worth of NFT collectibles.
The headline of this valuable collectible is the nine Cryptopunks. This NFT collection contains profile pictures valued at $4.6 million as per the current market price. With this valuable picture, this wallet has 10 NFT Meebits- 3D avatars made by Larva. The larva is the creator of the crypto Punks.
Basically, NFTs are digital Art and Collectibles, and they can be in the form of an image, video file, video game item, and more. Other valuable assets in the Cozomo wallet include an NFT from the Twin Flames collection of photographer Justin Aversano, as well as a couple of Moonshot bots that help develop Ethereum tools. Earlier this month, Cozomo even tweeted about the value of supporting Ethereum developers.
In the current year, the NFTs market is booming as a lot of celebrities, Players, and politicians are taking an interest in the NFTs. Even DeFi protocols are paving new ways for the use of NFTs. Last week, Aave Founder Stani Kulechove announced a new feature that lets users use Loot NFT as collateral to borrow AGLD.