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Rappers Snoop Dogg and Wiz Khalifa Announce ApeCoin-backed NFT Collection

Rappers Snoop Dogg and Wiz Khalifa Announce ApeCoin-backed NFT Collection

The two crypto-friendly rap stars have launched their NFT collection following the release of ApeCoin.

On March 24th, Snoop Dogg posted an announcement on social media that he and Wiz Khalifa have launched "a special project $APE COIN only" NFT collection, meaning that the digital assets will be sold only to holders of the APE token.

By looking at the official website, each NFT has a limited number of copies, ranging from 410 to 990 assets. Fans are able to obtain one of these NFTs for 12-15 $APE coins (~$158 to $198).

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In fact, the NFTs are paired with exclusive tracks from the two artists that are based on the Bored Ape Yacht Club collection. However, it is not specified whether the songs will carry any streaming royalties.

The sale for the SnoopAndWiz collection will end approximately 17 hours after this article has been published.

While most rappers choose to ride the BAYC wave, other artists decided to build their own NFT projects. Back in January, New York’s rap legend Nas launched his music-based NFT collection with a percentage of streaming royalties given to the owners.

ApeCoin has been on a quite stable trajectory since its release, with a 3.58% decrease over the past 24 hours, averaging $13.29 per token.

Aaron S. , Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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