Popular rapper Snoop Dogg on Thursday released new music as NFTS themed around ApeCoin (APE) and the Bored Ape Yacht Club (BAYC). The collection, titled “Ape Drops 03 : An 8th,” consists of eight tracks made in collaboration with fellow rapper Wiz Khalifa.
APE prices soared after the move, trading 17% higher at $13.8. The token has been on an uptrend since Wednesday, following news that BAYC owner Yuga Labs raised $450 million in a funding round led by venture capital firm Andreessen Horowitz.
Snoop Dogg announced the sale on Twitter. The tracks are available for purchase for two days, and can only be bought in BAYC’s APE token, which was released through an airdrop last week.
There appeared to be nearly 8000 NFTs available for sale in total, with prices for each token ranging from 12 APE to 15 APE. Based on the current exchange rate, the price of each token in the collection was between $165 to $210.
Users could also listen to each track before purchasing it. The collection was minted through Manifold.
The post Just-In: Snoop Dogg & Wiz Khalifa Launch ApeCoin-Themed Music NFTs; APE Price Soars appeared first on CoinGape.
Musicians are intertwining their artistry into the crypto world quite effortlessly. As AfroTech previously reported, Jamaican-American musician Masego partnered with Quincy Jones-backed and green platform Web3 company OneOf to commemorate his certified platinum single “Tadow.”
“It started off with me hearing Quincy Jones involvement, so that made my ears perk up. He is one of the people that are just not cap and he is who he says he is. I feel like anything that he would attach himself to is worth my attention, so my team and the OneOf team were very passionate about a benevolent rollout and were very sensitive to the artistry of it,” Masego told AfroTech exclusively.