updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131hustle domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131wpforms-lite domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131Canadian artist Drake has released a new single, taking swipes at old rivals, but a bar about Bitcoin has piqued the interest of cryptocurrency traders. Drake’s reference highlights the asset’s price swings amid fresh chatter around a new all-time high (ATH). Drake References Bitcoin In New Song Ahead of the release of an upcoming album,
The post Rapper Drake Name Drops Bitcoin In ‘What Did I Miss’ appeared first on CoinGape.
]]>In partnership with Warner Music Group and the late rapper’s estate, the Ethereum metaverse has formally embraced the legacy of Notorious B.I.G. with the opening of an exciting new experience.
Hip-hop enthusiasts will soon be able to play a unique video game experience thanks to the release of The Sandbox, a decentralized virtual gaming universe from Animoca Brands and Warner Music Group.
“Breakin’ B.I.G.” immerses players in a neighborhood where The Notorious B.I.G. is the dominant figure, paying homage to the side-scrolling video games of the 1990s.
In addition to the ethereum metaverse game, WMG intends to provide a set of avatars that users can access through The Sandbox. It’s the rapper’s most recent effort at a postmortem metaverse endeavor.
The Notorious B.I.G. debuts in @TheSandboxGame !
Join the allowlist for The Big Poppa Collection – inspired by Biggie’s iconic style and legacy
.
#BiggieAvatarCollection #SandboxMetaverse #TheNotoriousBIG #DigitalFashion #HipHopHistory
https://t.co/L85BRGMSfd pic.twitter.com/cTIr1O0dRD
— Notorious B.I.G (@thenotoriousbig) December 4, 2023
Players can take part in a wide range of missions, such as assisting the online Brooklyn community or going up against avatars that stand in for B.I.G.’s competitors. This interactive element encourages participation and makes it easier for players to follow an engaging story.
Image: Warner Music Group
The Notorious B.I.G. is considered to be one of the most revered hip-hop singers of all time, and Sebastien Borget, COO and co-founder of The Sandbox, expresses gratitude to be a part of his enduring legacy. They express gratitude for their collaboration with Warner Music Group with this statement.
Ethereum market cap currently at $265 billion on the daily chart: TradingView.com
“I’m excited for our players to explore a rich Brooklyn environment with an arcade-inspired feel, unlike anything we’ve done before. Fans will interact with Biggie in entirely new ways as they immerse themselves in a throwback ‘90s adventure,” Borget said.
The voxel-style ethereum metaverse game features the likenesses of luminaries including Steve Aoki, Elvis Presley, Snoop Dogg, Paris Hilton, and Notorious B.I.G. All of these individuals have either created experiences or contributed their likenesses to the game.
The estate of Biggie previously revealed The Brook, another Biggie-themed metaverse realm, and last year produced NFTs inspired by the legendary artist.
Image: Animoca Brands
WMG and Sueco announced a collaboration to develop The Sandbox’s first music-themed environment in 2022. The experience, “Split Personalities,” was one of the top three most popular on the platform that year. The Sandbox signed its first contract with a major music label with that arrangement.
One of the decentralized virtual worlds that has been driving the recent increase in demand for virtual real estate is The Sandbox. It has partnerships with major brands like Warner Music Group, Ubisoft, Tony Hawk, Gucci Vault, The Walking Dead, Snoop Dogg, Adidas, The Smurfs, and Atari, to mention a few.
Featured image from Michael Lavine
Adidas has failed to give an explicit plan of what it is going to do with unsold Yeezy stock.
The Q1 2023 sales performance of Adidas exceeded expectations despite its terminated partnership deal with Ye, formerly Kanye West. Adidas announced an operating profit of 60 million euros, surpassing analysts’ expectations of 15 million euros. However, due to the loss of Yeezy sales, higher supply chain costs, and discounts, Adidas’ gross margin fell to 44.8%.
Though the sale revenue beat expectations, it trails the previous year’s record by 1%. Adidas generated a sales revenue of 5.274 billion euros in Q1 2023, a decline from 2022’s 5.302 billion. According to compiled consensus estimates, analysts expected a year-on-year decrease of 4%.
Last year, Adidas ended its lucrative partnership with Ye without any spelled-out plan to get rid of its stock of unsold Yeezy customized shoes. The Ye crooner made a series of anti-Semitic online posts, which cost him his partnership deal with the sports brand. His Instagram and Twitter accounts were also suspended to that effect.
In response to Ye’s series of posts, the sportswear brand stated: “Adidas does not tolerate antisemitism and any other sort of hate speech. Ye’s recent comments and actions have been unacceptable, hateful, and dangerous, and they violate the company’s values of diversity and inclusion, mutual respect and fairness.”
As expected, Adidas’ sales in Q1 2023 declined by 400 million euros ($441.56 million), affecting revenue generation in North America, Greater China, and EMEA regions. The Yeezy crisis majorly affected the North American market and Greater China, with a YoY sales decline of 20% and 9%, respectively. Surprisingly, Adidas sales in Q1 2023 jumped by 4% in EMEA regions. Adidas’ Q1 revenue in Latin America puts up a stunning performance with a 48.7% increase.
Speaking on the declined sales revenue, the CEO of Adidas Bjorn Gulden has explained that the decline in the sale of the Yeezy collection is the key factor behind their plummeting sales revenue. Despite the Q1 2023 performance, the Adidas executive remains optimistic about the three other quarters of the year, saying:
“Q1 ended a little better than we had expected. We still have a long way to go, but I am very happy with the progress we have made and what we have achieved so far.”
The sportswear brand has explained that other factors like geopolitical uncertainties, economic headwinds, and consumer sentiment will affect its sales performance in 2023. Adidas has failed to give an explicit plan of what it is going to do with unsold Yeezy stock. The closure of the Yeezy inventory will slough Adidas’ operating profits by €500 million in addition to the projected one-off cost of €200 million. Overall, Adidas will expectedly lose approximately €700 million in 2023.
Ibukun is a crypto/finance writer interested in passing relevant information, using non-complex words to reach all kinds of audience.
Apart from writing, she likes to see movies, cook, and explore restaurants in the city of Lagos, where she resides.
Rapper, actor and filmmaker Ice Cube has also indicated support for Dogecoin
Timothy Stebbing, a director at the Dogecoin Foundation, has tweeted about a meeting with Rapper Ice Cube as Dogecoin is set to be integrated into the Big3 league.
The Big3 professional basketball league was formed by Ice Cube and entertainment executive Jeff Kwatinetz, and the team’s rights were sold using non-fungible tokens (NFTs). The Big3 league opted to sell 25 fire-tier NFTs, giving the Killer 3s’ licensing, intellectual property (IP) and league-approved products to their new owners.
Was so cool @DogecoinFdn meeting @icecube at the doge dinner @westcoastbill hosted
. @thebig3
crew are stoked to integrate #dogecoin into the league and introduce a whole new community to doge! @MyDogeTip @icecube 69 Doge
— Timothy Stebbing (@tjstebbing) June 12, 2022
As previously reported by U.Today, Bill Lee, the founding chairman of MyDoge, a self-custodial Dogecoin wallet, purchased all 25 fire-tier editions of the Aliens, a Big3 team. U.S. rapper, actor and filmmaker Ice Cube has also indicated support for Dogecoin.
Big3 is adopting Dogecoin as a result of the purchase, culminating in the integration of the MyDoge wallet, which allows players, coaches and teams to earn Dogecoin tips on Twitter. MyDoge/Dogecoin will also be prominently displayed by the Aliens on team jerseys, events and broadcasts.
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At press time, Dogecoin presently trades at $0.053, down 18.32% in the last 24 hours, per CoinMarketCap data. Dogecoin fell as low as $0.052 to mark the lowest levels for 2022 so far. The meme cryptocurrency is also set to mark its fourth consecutive day of losses amid the current market sell-off.
Despite the current market selloff, Dogecoin is facing buying pressure from Binance whales who are using the opportunity of the recent price drop to accumulate on the dip.
JUST IN: $FTM @FantomFDN now on top 10 purchased tokens among 100 biggest #BSC whales in the last 24hrs
We’ve also got $DOGE, $LYO, $Cake, #C98 & $FAME on the list
Whale leaderboard: https://t.co/0SYnjw0xQs#FTM #whalestats #babywhale #BBW pic.twitter.com/yfzn5AvasT
— WhaleStats – the top 1000 BSC richlist (@WhaleStatsBSC) June 12, 2022
According to WhaleStats, DOGE ranks among the top 10 most purchased assets among the biggest 100 and 500 BSC whales in the last 24 hours.
JUST IN: $DOGE @dogecoin now on top 10 by trading volume among 100 biggest #BSC whales in the last 24hrs
Check the top 100 whales here: https://t.co/0SYnjw0xQs
(and hodl $BBW to see data for the top 4000!)#DOGE #whalestats #babywhale #BBW pic.twitter.com/EuqPuLtN84
— WhaleStats – the top 1000 BSC richlist (@WhaleStatsBSC) June 12, 2022
Dogecoin is also actively traded by whales, ranking among the top 10 by trading volume among the 100 biggest BSC whales in the last 24 hours. At the moment, the top 1,000 BSC whales tracked by WhaleStats are “hodling” $40,170,185 worth of DOGE.
DeAndre Cortez Way, the influential American rapper and record producer popularly known as Soulja Boy, is apparently quite optimistic and excited about Cardano-powered NFTs.
As he has earlier mentioned a lot about cryptocurrencies. For instance, he included a song titled Bitcoin in the Young Draco album in the year 2018. And he highlighted to purchase Bitcoin (BTC) at $6,000 and holding BTC and LTC in the track.
Whereas last January, he asked for advice from his Twitter followers on what digital assets he should buy. And then he entered the world of Non-Fungible Tokens (NFTs) last year in March. What he did was, he sold five of his Tweets as NFTs on Valuables, a marketplace.
And recently on June 3rd, he took to his Twitter to ask what Cardano NFTs should he purchase. And to this came the reply of the Cardano CEO Charles Hoskinson.
Soulja Boy joined one of the significant marketplace OpenSea in April 2021, and he has an exclusive collectible by the name Crank That. it is up for sale currently with a price of 5 ETH which ends on June 12.
The Cardano ecosystem seems to be growing immensely in popularity, as it has made a considerable position not only among the cryptocurrency space but also in the NFT space.
It is to look forward to what Soulja Boy would prefer to buy among the Cardano NFTs.
At the time of writing, Cardano (ADA) is trading at $0.6355 with a market cap of $21,442,574,997 and is up by around 14% in the last twenty-four hours.
Nancy J. Allen is a crypto enthusiast and believes that cryptocurrencies inspire people to be their own banks and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning.
Latest posts by Nancy J. Allen (see all)
Influential American rapper and record producer DeAndre Cortez Way, aka “Soulja Boy“, seems to be excited by Cardano-powered NFTs.
In October 2018, he included a song called “Bitcoin” in the “Young Draco” album; in this track, he mentions buying Bitcoin at $6,000, and owning both $BTC and $LTC.
In January 2021, Soulja Boy asked his Twitter followers for advice on what cryptoassets to buy:
thanks guys, bought some BNB, DGB, TRX, KLV, ZPAE and FDO
what’s next? let’s go
— Soulja Boy (Big Draco) (@souljaboy) January 22, 2021
Then, in March 21, he first got into the world of NFTs by selling five of his tweets as NFTs on marketplace Valuables.
Well, on Friday (June 3), he once again turned his Twitter followers to ask what Cardano NFTs to buy by sending out the following tweet that IOG CEO Charles Hoskinson found interesting.
Currently, on NFT marketplace OpenSea, which he joined in April 2021, he has a “super exclusive collectible” called “Crank That” for sale. The current price is 5 ETH, and the sale ends on June 12.
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The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.
Snoop Dogg is going as far as possible in his crypto venture with the furthest down-the-line move to send off NFT collectibles on Cardano. The decision for Cardano is predicated on the heavenly development recorded by the organization lately.
Snoop Dogg sent waves of energy across Cardano with the declaration of a joint effort with Clay Nation over the send-off of an NFT assortment. The joint effort incorporates top NFT craftsman Champ Medici and will offer the holder interesting admittance to the craftsman’s unreleased tunes and another restricted emblem.
It’s true that Snoop Dogg and Champ Medici will join forces with Clay Nation to bring you famous collectibles, unreleased music, and restricted release ‘pitches’ composed by Clay Nation on Twitter. The declaration was joined by a video portraying Cardano’s organizer connecting with Snoop Dogg for a joint effort on the blockchain.
The post has been given the endorsement by both Hoskinson and Snoop Dogg. The NFT project referenced in the video Claymations is set to send off on the fifth of April and highly esteems being unique handcrafted Clay NFTs. The task has since developed critical steam throughout the most recent couple of days.
The association with Cardano isn’t Snoop Dogg’s initial introduction to NFTs. The unbelievable rapper has brought a few jumps into crypto and the metaverse by building the Snoopverse on SandBox. He is additionally inclining vigorously on music NFTs and has uncovered plans of transforming the as of late gained Death Row Records into the principal NFT to keep the name in the metaverse.
After a sluggish beginning since the fuse of shrewd agreements on Cardano, the organization has woken up late. Since January 1, Cardano’s TVL has taken off by more than 25,000% to reach $300 million. Not happy with the measurement, the organization reported the accomplishment of arriving at the achievement of the north of 4 million local resources given on Cardano.
Well I wasn’t right, there are currently a huge number of local resources given and DApps are presently in the hundreds, said Charles Hoskinson. Hoskinson contends that after the Vasil hard fork, Cardano’s environment would be inflatable to remarkable statues.
That’s what he said numerous Cardano DApps are sitting tight for the Vasil hard fork in June to send off to profit from pipelining and would significantly affect TVL.
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To such an extent that it has gotten the attention of huge players, for example, Snoop Dogg who is currently sending off his own NFT assortment on the blockchain. The video additionally highlighted music from Snoop Dogg while a movement gleaned through the TV screen before Charles Hoskinson hits on welcome the two craftsmen to the Cardano stage.
It finishes off with Snoop Dogg getting a telephone call apparently to contact the Cardano organizer about chipping away at the blockchain.
The NFT assortment alluded to as ‘Claymations’ in the video, is set to send off on Tuesday, the fifth of April. The people group is as of now developing further given the enormous names related to the project.
Nancy J. Allen is a crypto enthusiast and believes that cryptocurrencies inspire people to be their own banks and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning.
American Rapper Snoop Dogg has taken another step in his crypto but this time, the rapper is making a bet on Cardano. Snoop Dogg who has been in the NFT space since last year has become a well-known name in the space due to his unrelenting support and his collections which are worth millions of dollars, the majority of which are domiciled on Ethereum. Now, the rapper is turning his attention to Cardano for his latest foray into the NFT space.
Cardano has grown to become one of the most sought-after decentralized finance (DeFi) networks after the launch of smart contracts capability last year. So much so that it has caught the eye of big players such as Snoop Dogg who is now launching his own NFT collection on the blockchain. This was announced on Twitter by Clay Nation who is launching the NFT collection in conjunction with Snoop Dogg and NFT artist Champ Medici.
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This partnership will bring to life various collectibles, unreleased music from the rap veteran, and other limited edition ‘pitches’. This partnership is endorsed by Cardano founder Charles Hoskinson who makes a cameo in the announcement video featuring two Clay characters made for Snoop Dogg and Champ Medici.
It’s official: @SnoopDogg & @champmedici will partner with Clay Nation to bring you iconic collectibles, unreleased music, & limited edition ‘pitches’.
Join Snoop, Champ & @IOHK_Charles & @The_ClayMates on April 5 | 18.00 UTC
@InputOutputHK @Cardanohttps://t.co/dnZACeiooE pic.twitter.com/81sQ48NEI2
— Clay Nation
(@The_ClayMates) March 31, 2022
Rapper Snoop Dogg also took to the social media platform to endorse the project, using the #Cardano tag.
This will be fun
#Cardano https://t.co/rxgYimMQW7
— Snoop Dogg (@SnoopDogg) March 31, 2022
The video also featured music from Snoop Dogg while an animation flickered through the TV screen before Charles Hoskinson comes on to invite both artists to the Cardano platform. It closes out with Snoop Dogg picking up a phone presumably to contact the Cardano founder about working on the blockchain.
The NFT collection, referred to as ‘Claymations’ in the video, is set to launch on Tuesday, the 5th of April. The community is already growing strong given the big names associated with the project.
The NFT and DeFi space on the Cardano network continues to grow. Just this year alone, there has been a more than 25,000% growth in the TVL on the network already, pushing it up to as high as $300 million in TVL locked on the network.
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Recently, the network celebrated the 4 millionth native assets that have been deployed on the Cardano network. A figure that even founder Charles Hoskinson admitted had exceeded his wildest prediction of seeing hundreds of thousands of native assets deployed on Cardano.
Currently, there is about $240 million locked on the network. This can be attributed to the recent market correction that took place after cryptocurrencies surged across the board. Nevertheless, Cardano looks to be on a good path for a network with a young DeFi space.
ADA price recovers to $1.16 | Source: ADAUSD on TradingView.com
Featured image from NME, chart from TradingView.com
