Snoop Dogg and Gary V own NFTs worth a combined $95M, Dolly Parton launches Dollyverse NFT…

According to DappRadar, famous rapper Snoop Dogg and famous entrepreneur Gary Vaynerchuck have a combined NFT portfolio value of $95 million.

As of this writing, Vaynerchuck's wallet is worth $81.89 million, making up the lion's share. His collectible holdings include multiple NFTs from top collectible lines like CryptoPunks (he owns a whopping 60 in total), Bored Ape Yacht Club, and World of Women.

Snoop Dogg's is an avid NFT collector, and his wallet also holds multiple CryptoPunks, Meebits, and Fidenza NFTs. His most expensive NFT is CryptoPunk #3831, currently worth $2.57 million.

DappRadar highlighted these wallets in a blog post listing the 10 most valuable celebrity NFT portfolios. Other notable figures include $4.9 million for Reddit co-founder Alexis Ohanian and $4.36 million for YouTuber and self-proclaimed future U.S. presidential candidate Logan Paul.

It’s no surprise that Snoop Dogg made the list, having launched various NFT items, snapping up virtual properties in the Metaverse, and launching “Snoop avatars” in late January in partnership with The Sandbox.

Vaynerchuck is also very active in this space, launching his own program called "Veefriends," which has generated over $132,000 worth of secondary sales since launching in May 2021.

Top 5 celebrity NFT portfolios as of March 1: DappRadar

More NFT boycotts

Korean pop (K-pop) icon Sunmi, also known as Miyane, has faced fan backlash related to an NFT collectible she and her agency Abyss Company launched last week.

Launched on the 23rd, the "Sunmiya Club" project consists of 10,000 computer-generated NFTs depicting various cartoon Sunmi images. However, some of her fans slammed the entertainer for just trying to "make some quick bucks for her company".

On Monday, Sunmi shared a statement from Abyss Company about the backlash, but the company only reiterated its long-standing stance on the project and didn't seem to address any of the fans' concerns, noting that "we implore you to perform at our artist's future Continue to give love and support.”

Fans were quick to question the statement, with Twitter user "cruelrush" also raising environmental concerns about NFTs, while other fans threatened to boycott the K-pop icon:

"We are willing to actively support Sunmi, but not at the expense of the environment. NFTs are bad. We want to support her and interact with her by buying Sunmi's albums and songs. Go to her shows. We hope there will be more Online concert to support her," they wrote.

Just a bunch of lies, NFTs don't need to be used to further support an artist. Sunmi already has a lot of fans who really love her music and personality. No one asks or wants this, Abyss is just greedy

— Quarantine Lil (SAINTS ROW ERA) BLM✊ (@lil_drawsart) February 28, 2022

and friends like this

Although it's a sensitive topic in the gaming community, Valve CEO Gabe Newell praised NFTs and discussed the potential benefits of integrating the technology with AAA games.

His company owns digital game distribution giant Steam, and in an interview with Rock Paper Shotgun, Newell was quick to draw the line between NFT technology and current users.

He noted that fundamental features such as distributed ledgers, digital ownership and shared space “are all very plausible” and should not be overlooked:

"You have to separate the underlying technology from the players who are using that technology. It's like if you're a chemist and you look at nitrocellulose and you think, 'Oh yeah, we can do it with it. Some really interesting stuff'."

"However, people in this space tend to get involved in a lot of criminal activity and sketchy behavior. So, it's more about the players than it is about the underlying technology or rationale for what we're doing," he added .

Thank you for your support, Newell, very much appreciated.

Dolly Parton presents the Dollyverse

Famous country music icon Dolly Parton has launched an NFT collection and marketplace called "Dollyverse."

While the name suggests something to do with virtual reality and the metaverse, Parton's project essentially consists of tokenized artwork and music, a promotion for her upcoming album Run, Rose, Run. a part of.

The album is accompanied by a book of the same title, co-written by James Patterson, a bestselling author of Alex Cross, Michael Bennett, the Women's Murder Club, and more.

The Dollyverse platform, developed by Eluvio, will host an NFT sale event on March 18, as well as a live music performance featuring songs from Parton and the new album.

These NFTs will be sold during and after the live show, and users who watch the show will also receive free NFTs as proof of their participation in such a landmark event.

Other NFT News

Early users of the $70 million Pixelmon NFT collection were unhappy with their hefty 3 ETH minting fee after discovering that the artwork depicted in the tokens was substandard and poorly designed.

Celebrity metaverse platform Gemie has raised $3.8 million to fund partnerships and populate its NFT marketplace with more collectibles.

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