Snoop Dogg and Telegram’s NFT release on TON blockchain generates $12M in 30 minutes.
- Snoop Dogg and Telegram sold 1 million NFTs rapidly.
- Event generated $12 million in 30 minutes.
- TON’s blockchain integral to NFT sales success.
Snoop Dogg and Telegram launched nearly one million NFTs on the TON blockchain, selling out in 30 minutes and generating $12 million in sales, as announced by Telegram CEO Pavel Durov.
The event highlights the growing demand for celebrity-driven NFTs on messenger platforms, positioning the TON blockchain and Telegram as innovators in Web3 integration and digital collectibles.
Snoop Dogg and Telegram successfully sold nearly 1 million NFTs called Telegram Gifts on the TON blockchain, amassing $12 million in just 30 minutes.
This event marks Telegram’s first major celebrity NFT sale, highlighting significant market enthusiasm for NFT collectibles integrated within messaging platforms.
NFTs Sold Out in Record 30 Minutes
The NFT collection’s rapid sellout underscores the market’s appetite for celebrity-driven digital assets. Released on the TON blockchain, they mark a collaboration between Snoop Dogg and Telegram.
Snoop Dogg promoted the launch through a music video themed as “Gifts”, capitalizing on his wide reach to engage audiences with Telegram Gifts NFTs. Telegram CEO Pavel Durov confirmed the sellout via public channels.
$12 Million Revenue in Just Half an Hour
The sale boosted TON ecosystem’s visibility, elevating its standing in the social NFT market. The rapid $12 million revenue demonstrates a surge in interest for Messenger-based digital collectibles.
Financially, the sale prompted a 7.75% rise in global NFT sales volume, indicating strong consumer interest. TON blockchain becomes a focal point for in-app NFT integration without affecting major cryptocurrencies.
Comparing Snoop Dogg’s NFT Success on Different Platforms
Comparatively, Snoop Dogg’s prior NFT projects on Ethereum saw successes but none as rapid. Telegram’s offering is distinctive due to its Messenger-based platform offerings.
Analysts suggest continued NFT market interest, predicting increased activity on TON. The platform may attract further celebrity collaborations, bolstering its stature in Web3 solutions.
“Snoop Dogg’s NFT collection sold out in 30 minutes today, generating $12 million in sales.” — Pavel Durov, CEO, Telegram source
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