knit, which has resulted in prices not reaching the record level observed in other NFTs like Ethereum. It’s sometimes difficult to pinpoint what causes one NFT collection to skyrocket in value while others fade away. This is because there are a variety of factors at play. However, the NFT culture is unquestionably driven by hype, and attention is a highly prized commodity. Luckily, there has been a steady trickle of progress, and if the right spark for broader awareness is found, Cardano NFTs could reach new heights.
As a result, celebrities and influencers can significantly impact NFT projects. A Cardano NFT project, Clay Nation, recently announced a collaboration with Snoop Dogg, the west coast rap legend who is now a discerning NFT-based art collector, a prominent figure in the NFT scene.
This collaboration appears to be named Baked Nation and includes collectibles, music, and plots of land in the Clay Nation metaverse. Furthermore, on April 5th, 2022, Snoop and Charles Hoskinson, the Founder of Cardano, held a Twitter Spaces event together.
It’s reasonable to expect the effect of this deal to expand to other Cardano NFT libraries. Snoop’s presence draws a lot of attention to Cardano’s NFT scene, and while buyers may come for Clay Nation, it’s more likely that they’ll look around and see what else is available, starting with blue chips and working their way down to lesser collections.