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NFTs back? Snoop Dogg’s Telegram ‘gifts’ sell out in 30 minutes

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The NFT lead at the TON blockchain said Snoop Dogg’s sold-out NFT launch could “be the start of a new NFT Narrative.”

American rapper Snoop Dogg sold out a collection of almost a million non-fungible tokens (NFTs) on Telegram in 30 minutes on Wednesday, seemingly defying the notion that the NFT industry is “dead.”

Snoop Dogg’s new digital gift collection of around 996,000 non-fungible tokens (NFTs) powered by the TON blockchain is “inspired by Snoop’s iconic style” and generated $12 million in sales, Telegram founder Pavel Durov said in an X post on Wednesday.

“Blockchain minting and the secondary market go live in 21 days. It’s going to be wild,” he added.

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