On Friday (February 11th), Snoop Dogg released his 20th studio album. BODR ((((Death row back).
The album was released after the news on Wednesday (February 9th) that hip-hop legends acquired the Death Row Records brand from MNRK Music Group.
Death Row is his debut label, BODR The first Death Row Records album, now owned by Snoop Dogg.
In addition to releasing the album to all streaming services on Friday (distributed by Create Music Group), Snoop Dogg will release the album on the blockchain via the “Stash Box” NFT in partnership with the blockchain gaming platform Gala Games. Announced. , Sold at Gala’s new Gala Music Store.
Gala Music is “For fans and supporters Listen-earn, The artist is the power of support in the gala game ecosystem, and the music company is the power of rational and fair distribution of rewards. “
Snoop Dogg’s NFT is limited to 25,000, and each “box” has Death Row Records back.
The price of each box is $ 5,000.
According to Dan Runcie’s first report TropicalAs of Monday, February 14, Snoop Dogg had already sold over 8,000 StashBox NFTs through the Gala Music store ($ 5,000 per piece).
At the time of writing (Tuesday, February 15th, 11:30 am PT), there are 16,137 NFTs left, which means that the other 8,863 were sold at the asking price, at least NFT sales. Generated $ 44.3. One million since it was released on Friday.
If all 25,000 were sold out by midnight on Thursday (February 18th), Snoop Dogg’s StashBox NFT would have total revenue of $ 125 million.
The amazing scale of Snoop Dogg’s NFT sale adds an interesting new element to the discussion of where established artists will make the most money in the future, live, recorded music, and across Web3.
Another prominent artist in the NFT space, superstar DJ Steve Aoki, suggested in a Q & A at a weekend private gala music event that he made more money from NFTs than the overall decade of progress in music production. ..
Decrypt reports that Aoki states: [combine] All these advances, what was a drop at NFT last year, I made more money. “
Talking to MBW about the future NFT in December, Matt Colon, longtime manager of Aoki, Global President of Music for talent management firm YM & U, said: “.
He added: “You’ll see some big projects that come to mind with music.”
According to Gala Music, Snoop Dogg stashbox owners can expect to receive “limited drops” such as movies, cartoons, images, and unique concert attendance opportunities.
The platform also states that the song’s NFT has “potential revenue on the Gala Music Network.”
“Owners of all 17 songs will receive large-scale, real-life digital rewards, including exclusive concerts with Snoop + pre-party, limited edition Death Row Bling, etc.,” Gala added to the website. increase.
The Snoop Dogg-Gala Music partnership follows on from a variety of other NFT projects launched by the artist in recent months.
In April 2021, he launched the “Journey with the Dogg” collection on Crypto.com, and in December began collaborating with Solana featuring 9,999 exclusive NFTs.
He also launched the Decentral Eyes Dog NFT in December, selling it through the NFT platform SuperRare and reaching 188 ETH at auction (about $ 585,000 at current exchange rates).
Snoop Dogg also owns the virtual real estate of the Sandbox game Metaverse. An individual bought a property next to his property last year for $ 450,000.
BODR celebrates the 30th anniversary of its first release, the energetic release of Death Row. Chronic..
BODR includes Nas, Wiz Khalifa, DaBaby, The Game, Nate Dogg, TI, Sleepy Brown, Uncle Murda, E-Mo, October London, Nefertitti Avant, HeyDeon and Jane Handcock.
The album was produced by Hit-Boy, DJ Green Lantern, DJ Battlecat, Hi-Tek, Bink, Nottz, Soopafly, Trevor Lawrence Jr., Hollis and more.
“BODR is especially important to me and I’m excited to go around in my career at this time.”
“BODR is especially important to me and I’m excited to go around in my career at this time,” said Snoop Dogg when the album was released on Friday.
“This album contains all the classic Snoop Dogg styles, including the surprises and features of the most dopest artists out there.”Music business around the world