Pavel Durov: Snoop Dogg digital collectibles sell out, raising $12M
@durov: Snoop Dogg NFT success on Telegram
Pavel Durov announced a major success in digital collectibles on Telegram with Snoop Dogg's NFT drop selling out in just 30 minutes.
The sale generated $12 million, with around 1 million NFTs reflecting Snoop Dogg's iconic style. This rapid sellout illustrates the growing demand for digital assets among consumers and investors. The upcoming blockchain minting and the secondary market, set to go live in 21 days, promise further excitement and activity.
Experts believe this could be a significant step for Telegram in the digital asset space. The progress showcases Telegram's capability to engage with high-profile personalities and further enhance its ecosystem. Industry insiders are eager to see how the market responds when the secondary market opens.
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Telegram's broader ambitions in the digital landscape are underscored by its recent milestones, reflecting a pattern of rapid innovation reminiscent of earlier initiatives such as the high-profile Telegram Android coding challenge that saw Pavel Durov offer a $1 million position to top developers. As Telegram continues to blend technology with cultural touchstones, industry observers will be watching closely to assess the impact of these strategic moves on both platform engagement and digital asset adoption.
