American Rapper Snoop Dogg’s newest NFTs collection achieved a complete sellout within 30 minutes, accumulating more than $12 million in sales via Telegram. Telegram’s founder, Pavel Durov, celebrated the achievement on July 9, announcing that blockchain minting capabilities and secondary market functionality would launch on the platform within 21 days. According to Durov, nearly one million unique NFTs inspired by Snoop’s distinctive aesthetic have already been purchased. 🎤 @SnoopDogg ’s digital collectibles drop on Telegram sold out in just 30 minutes today, generating $12M in sales. Nearly 1M unique NFTs inspired by Snoop’s iconic style. Blockchain minting and the secondary market go live in 21 days. It’s going to be wild. pic.twitter.com/DeinT5C2f4 — Pavel Durov (@durov) July 9, 2025 How Snoop Dogg Broke Telegram’s NFT Records The collection featured various digital assets, including “Doggs” that mirror the rapper’s likeness, priced at 200 Telegram stars each, with more than 600,000 units sold. Snoop’s signature cigar NFTs commanded 1,000 stars per piece, moving over 120,000 units. Additional collectibles, including cars and swag bags, each recorded sales exceeding 250,000 units. The rapper has promoted the Telegram NFT initiative through an official music video shared with his more than 10 million YouTube subscribers. Where yall at? 🎥 Official @telegram song music video https://t.co/4IyGHlv5SL — Snoop Dogg (@SnoopDogg) July 9, 2025 Telegram simultaneously notified its user base of over one billion about the NFT gift drops. Since Snoop Dogg joined the TON ecosystem in May, NFT activity has surged, particularly on the Telegram-based blockchain. The Telegram NFT Gifts market capitalization reached $200 million in June, accompanied by daily trading volumes exceeding $8 million. Data from Dune Analytics indicates that over 118 Telegram NFTs have been issued, with more than 263,000 unique wallets participating in trading activities. Source: Rdmcd on Dune Recent collectible launches have demonstrated even significant demand. On July 4, Crystal Eagles’ digital collectibles sold more than 15,000 pieces at $100 each within 45 seconds. Additionally, 300,000 Statues of New York Liberty sold out in under five minutes, while 500,000 Liberty Torches were purchased within 10 minutes. This is only the beginning… $TON 🗽💎 pic.twitter.com/6OdibhaiTX — Viktor 🧡 (@s0meone_u_know) July 5, 2025 Current market data indicate that the Telegram gifts market cap is $146 million, with NFT sales generating a total revenue of over $49 million. Source: Dune These developments have led industry observers to speculate that the TON blockchain may be catalyzing a revival of the NFT market, which experienced a significant downturn following its peak in 2022. Blue-Chip NFTs Flock to TON With Bored Apes Leading the Migration The credibility of TON’s NFT ecosystem received a boost on June 19 when the original Bored Ape Yacht Club (BAYC) announced plans to launch its Bored Ape Originals sticker pack collection on Telegram. This announcement carries substantial weight, given BAYC’s market prominence. In 2022, individual BAYC NFTs sold for as much as $646,717.50 (250 ETH at the time). this BAYC just sold for $646,717.50 (250 ETH) would you rather be the buyer or the seller? pic.twitter.com/KHbK5foZym — Puff Yachty (@PuffYachty) March 8, 2022 Other prominent digital collections, including Pudgy Penguins, Doodles, and Moonbirds , have also expressed interest in deploying NFT sticker collections that preserve their distinctive brand aesthetics. According to CoinGecko data , the global NFT market is currently valued at approximately $3.7 billion, with 24-hour sales volume reaching $4.3 million. These figures surpass the August 2021 levels, when NFTs first gained mainstream attention. Source: Coingecko However, Ethereum-based collections, such as CryptoPunks and Bored Ape Yacht Club, along with Solana-based projects like Pudgy Penguins, continue to dominate the NFT market.American Rapper Snoop Dogg’s newest NFTs collection achieved a complete sellout within 30 minutes, accumulating more than $12 million in sales via Telegram. Telegram’s founder, Pavel Durov, celebrated the achievement on July 9, announcing that blockchain minting capabilities and secondary market functionality would launch on the platform within 21 days. According to Durov, nearly one million unique NFTs inspired by Snoop’s distinctive aesthetic have already been purchased. 🎤 @SnoopDogg ’s digital collectibles drop on Telegram sold out in just 30 minutes today, generating $12M in sales. Nearly 1M unique NFTs inspired by Snoop’s iconic style. Blockchain minting and the secondary market go live in 21 days. It’s going to be wild. pic.twitter.com/DeinT5C2f4 — Pavel Durov (@durov) July 9, 2025 How Snoop Dogg Broke Telegram’s NFT Records The collection featured various digital assets, including “Doggs” that mirror the rapper’s likeness, priced at 200 Telegram stars each, with more than 600,000 units sold. Snoop’s signature cigar NFTs commanded 1,000 stars per piece, moving over 120,000 units. Additional collectibles, including cars and swag bags, each recorded sales exceeding 250,000 units. The rapper has promoted the Telegram NFT initiative through an official music video shared with his more than 10 million YouTube subscribers. Where yall at? 🎥 Official @telegram song music video https://t.co/4IyGHlv5SL — Snoop Dogg (@SnoopDogg) July 9, 2025 Telegram simultaneously notified its user base of over one billion about the NFT gift drops. Since Snoop Dogg joined the TON ecosystem in May, NFT activity has surged, particularly on the Telegram-based blockchain. The Telegram NFT Gifts market capitalization reached $200 million in June, accompanied by daily trading volumes exceeding $8 million. Data from Dune Analytics indicates that over 118 Telegram NFTs have been issued, with more than 263,000 unique wallets participating in trading activities. Source: Rdmcd on Dune Recent collectible launches have demonstrated even significant demand. On July 4, Crystal Eagles’ digital collectibles sold more than 15,000 pieces at $100 each within 45 seconds. Additionally, 300,000 Statues of New York Liberty sold out in under five minutes, while 500,000 Liberty Torches were purchased within 10 minutes. This is only the beginning… $TON 🗽💎 pic.twitter.com/6OdibhaiTX — Viktor 🧡 (@s0meone_u_know) July 5, 2025 Current market data indicate that the Telegram gifts market cap is $146 million, with NFT sales generating a total revenue of over $49 million. Source: Dune These developments have led industry observers to speculate that the TON blockchain may be catalyzing a revival of the NFT market, which experienced a significant downturn following its peak in 2022. Blue-Chip NFTs Flock to TON With Bored Apes Leading the Migration The credibility of TON’s NFT ecosystem received a boost on June 19 when the original Bored Ape Yacht Club (BAYC) announced plans to launch its Bored Ape Originals sticker pack collection on Telegram. This announcement carries substantial weight, given BAYC’s market prominence. In 2022, individual BAYC NFTs sold for as much as $646,717.50 (250 ETH at the time). this BAYC just sold for $646,717.50 (250 ETH) would you rather be the buyer or the seller? pic.twitter.com/KHbK5foZym — Puff Yachty (@PuffYachty) March 8, 2022 Other prominent digital collections, including Pudgy Penguins, Doodles, and Moonbirds , have also expressed interest in deploying NFT sticker collections that preserve their distinctive brand aesthetics. According to CoinGecko data , the global NFT market is currently valued at approximately $3.7 billion, with 24-hour sales volume reaching $4.3 million. These figures surpass the August 2021 levels, when NFTs first gained mainstream attention. Source: Coingecko However, Ethereum-based collections, such as CryptoPunks and Bored Ape Yacht Club, along with Solana-based projects like Pudgy Penguins, continue to dominate the NFT market.

Snoop Dogg’s Digital Collectibles Generate $12M in 30 Minutes – NFTs Making a Comeback?

American Rapper Snoop Dogg’s newest NFTs collection achieved a complete sellout within 30 minutes, accumulating more than $12 million in sales via Telegram.

Telegram’s founder, Pavel Durov, celebrated the achievement on July 9, announcing that blockchain minting capabilities and secondary market functionality would launch on the platform within 21 days.

According to Durov, nearly one million unique NFTs inspired by Snoop’s distinctive aesthetic have already been purchased.

How Snoop Dogg Broke Telegram’s NFT Records

The collection featured various digital assets, including “Doggs” that mirror the rapper’s likeness, priced at 200 Telegram stars each, with more than 600,000 units sold.

Snoop’s signature cigar NFTs commanded 1,000 stars per piece, moving over 120,000 units. Additional collectibles, including cars and swag bags, each recorded sales exceeding 250,000 units.

The rapper has promoted the Telegram NFT initiative through an official music video shared with his more than 10 million YouTube subscribers.

Telegram simultaneously notified its user base of over one billion about the NFT gift drops.

Since Snoop Dogg joined the TON ecosystem in May, NFT activity has surged, particularly on the Telegram-based blockchain.

The Telegram NFT Gifts market capitalization reached $200 million in June, accompanied by daily trading volumes exceeding $8 million.

Data from Dune Analytics indicates that over 118 Telegram NFTs have been issued, with more than 263,000 unique wallets participating in trading activities.

Snoop Dogg's Digital Collectibles Generate $12M in 30 Minutes – NFTs Making a Comeback?Source: Rdmcd on Dune

Recent collectible launches have demonstrated even significant demand. On July 4, Crystal Eagles’ digital collectibles sold more than 15,000 pieces at $100 each within 45 seconds.

Additionally, 300,000 Statues of New York Liberty sold out in under five minutes, while 500,000 Liberty Torches were purchased within 10 minutes.

Current market data indicate that the Telegram gifts market cap is $146 million, with NFT sales generating a total revenue of over $49 million.

Snoop Dogg's Digital Collectibles Generate $12M in 30 Minutes – NFTs Making a Comeback?Source: Dune

These developments have led industry observers to speculate that the TON blockchain may be catalyzing a revival of the NFT market, which experienced a significant downturn following its peak in 2022.

Blue-Chip NFTs Flock to TON With Bored Apes Leading the Migration

The credibility of TON’s NFT ecosystem received a boost on June 19 when the original Bored Ape Yacht Club (BAYC) announced plans to launch its Bored Ape Originals sticker pack collection on Telegram.

This announcement carries substantial weight, given BAYC’s market prominence. In 2022, individual BAYC NFTs sold for as much as $646,717.50 (250 ETH at the time).

Other prominent digital collections, including Pudgy Penguins, Doodles, and Moonbirds, have also expressed interest in deploying NFT sticker collections that preserve their distinctive brand aesthetics.

According to CoinGecko data, the global NFT market is currently valued at approximately $3.7 billion, with 24-hour sales volume reaching $4.3 million.

These figures surpass the August 2021 levels, when NFTs first gained mainstream attention.

Snoop Dogg's Digital Collectibles Generate $12M in 30 Minutes – NFTs Making a Comeback?Source: Coingecko

However, Ethereum-based collections, such as CryptoPunks and Bored Ape Yacht Club, along with Solana-based projects like Pudgy Penguins, continue to dominate the NFT market.

Market Opportunity
Threshold Logo
Threshold Price(T)
$0.00924
$0.00924$0.00924
+0.40%
USD
Threshold (T) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Role of Blockchain in Building Safer Web3 Gaming Ecosystems

The Role of Blockchain in Building Safer Web3 Gaming Ecosystems

The gaming industry is in the midst of a historic shift, driven by the rise of Web3. Unlike traditional games, where developers and publishers control assets and dictate in-game economies, Web3 gaming empowers players with ownership and influence. Built on blockchain technology, these ecosystems are decentralized by design, enabling true digital asset ownership, transparent economies, and a future where players help shape the games they play. However, as Web3 gaming grows, security becomes a focal point. The range of security concerns, from hacking to asset theft to vulnerabilities in smart contracts, is a significant issue that will undermine or erode trust in this ecosystem, limiting or stopping adoption. Blockchain technology could be used to create security processes around secure, transparent, and fair Web3 gaming ecosystems. We will explore how security is increasing within gaming ecosystems, which challenges are being overcome, and what the future of security looks like. Why is Security Important in Web3 Gaming? Web3 gaming differs from traditional gaming in that players engage with both the game and assets with real value attached. Players own in-game assets that exist as tokens or NFTs (Non-Fungible Tokens), and can trade and sell them. These game assets usually represent significant financial value, meaning security failure could represent real monetary loss. In essence, without security, the promises of owning “something” in Web3, decentralized economies within games, and all that comes with the term “fair” gameplay can easily be eroded by fraud, hacking, and exploitation. This is precisely why the uniqueness of blockchain should be emphasized in securing Web3 gaming. How Blockchain Ensures Security in Web3 Gaming?
  1. Immutable Ownership of Assets Blockchain records can be manipulated by anyone. If a player owns a sword, skin, or plot of land as an NFT, it is verifiably in their ownership, and it cannot be altered or deleted by the developer or even hacked. This has created a proven track record of ownership, providing control back to the players, unlike any centralised gaming platform where assets can be revoked.
  2. Decentralized Infrastructure Blockchain networks also have a distributed architecture where game data is stored in a worldwide network of nodes, making them much less susceptible to centralised points of failure and attacks. This decentralised approach makes it exponentially more difficult to hijack systems or even shut off the game’s economy.
  3. Secure Transactions with Cryptography Whether a player buys an NFT or trades their in-game tokens for other items or tokens, the transactions are enforced by cryptographic algorithms, ensuring secure, verifiable, and irreversible transactions and eliminating the risks of double-spending or fraudulent trades.
  4. Smart Contract Automation Smart contracts automate the enforcement of game rules and players’ economic exchanges for the developer, eliminating the need for intermediaries or middlemen, and trust for the developer. For example, if a player completes a quest that promises a reward, the smart contract will execute and distribute what was promised.
  5. Anti-Cheating and Fair Gameplay The naturally transparent nature of blockchain makes it extremely simple for anyone to examine a specific instance of gameplay and verify the economic outcomes from that play. Furthermore, multi-player games that enforce smart contracts on things like loot sharing or win sharing can automate and measure trustlessness and avoid cheating, manipulations, and fraud by developers.
  6. Cross-Platform Security Many Web3 games feature asset interoperability across platforms. This interoperability is made viable by blockchain, which guarantees ownership is maintained whenever assets transition from one game or marketplace to another, thereby offering protection to players who rely on transfers for security against fraud. Key Security Dangers in Web3 Gaming Although blockchain provides sound first principles of security, the Web3 gaming ecosystem is susceptible to threats. Some of the most serious threats include:
Smart Contract Vulnerabilities: Smart contracts that are poorly written or lack auditing will leave openings for exploitation and thereby result in asset loss. Phishing Attacks: Unintentionally exposing or revealing private keys or signing transactions that are not possible to reverse, under the assumption they were genuine transaction requests. Bridge Hacks: Cross-chain bridges, which allow players to move their assets between their respective blockchains, continually face hacks, requiring vigilance from players and developers. Scams and Rug Pulls: Rug pulls occur when a game project raises money and leaves, leaving player assets worthless. Regulatory Ambiguity: Global regulations remain unclear; risks exist for players and developers alike. While blockchain alone won’t resolve every issue, it remediates the responsibility of the first principles, more so when joined by processes such as auditing, education, and the right governance, which can improve their contribution to the security landscapes in game ecosystems. Real Life Examples of Blockchain Security in Web3 Gaming Axie Infinity (Ronin Hack): The Axie Infinity game and several projects suffered one of the biggest hacks thus far on its Ronin bridge; however, it demonstrated the effectiveness of multi-sig security and the effective utilization of decentralization. The industry benefited through learning and reflection, thus, as projects have implemented changes to reduce the risks of future hacks or misappropriation. Immutable X: This Ethereum scaling solution aims to ensure secure NFT transactions for gaming, allowing players to trade an asset without the burden of exorbitant fees and fears of being a victim of fraud. Enjin: Enjin is providing a trusted infrastructure for Web3 games, offering secure NFT creation and transfer while reiterating that ownership and an asset securely belong to the player. These examples indubitably illustrate that despite challenges to overcome, blockchain remains the foundational layer on which to build more secure Web3 gaming environments. Benefits of Blockchain Security for Players and Developers For Players: Confidence in true ownership of assets Transparency in in-game economies Protection against nefarious trades/scams For Developers: More trust between players and the platform Less reliance on centralized infrastructure Ability to attract wealth and players based on provable fairness By incorporating blockchain security within the mechanics of game design, developers can create and enforce resilient ecosystems where players feel reassured in investing time, money, and ownership within virtual worlds. The Future of Secure Web3 Gaming Ecosystems As the wisdom of blockchain technology and industry knowledge improves, the future for secure Web3 gaming looks bright. New growing trends include: Zero-Knowledge Proofs (ZKPs): A new wave of protocols that enable private transactions and secure smart contracts while managing user privacy with an element of transparency. Decentralized Identity Solutions (DID): Helping players control their identities and decrease account theft risks. AI-Enhanced Security: Identifying irregularities in user interactions by sampling pattern anomalies to avert hacks and fraud by time-stamping critical events. Interoperable Security Standards: Allowing secured and seamless asset transfers across blockchains and games. With these innovations, blockchain will not only secure gaming assets but also enhance the overall trust and longevity of Web3 gaming ecosystems. Conclusion Blockchain is more than a buzzword in Web3; it is the only way to host security, fairness, and transparency. With blockchain, players confirm immutable ownership of digital assets, there is a decentralized infrastructure, and finally, it supports smart contracts to automate code that protects players and developers from the challenges of digital economies. The threats, vulnerabilities, and scams that come from smart contracts still persist, but the industry is maturing with better security practices, cross-chain solutions, and increased formal cryptographic tools. In the coming years, blockchain will remain the base to digital economies and drive Web3 gaming environments that allow players to safely own, trade, and enjoy their digital experiences free from fraud and exploitation. While blockchain and gaming alone entertain, we will usher in an era of secure digital worlds where trust complements innovation. The Role of Blockchain in Building Safer Web3 Gaming Ecosystems was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story
Share
Medium2025/09/18 14:40
Will XRP Price Increase In September 2025?

Will XRP Price Increase In September 2025?

Ripple XRP is a cryptocurrency that primarily focuses on building a decentralised payments network to facilitate low-cost and cross-border transactions. It’s a native digital currency of the Ripple network, which works as a blockchain called the XRP Ledger (XRPL). It utilised a shared, distributed ledger to track account balances and transactions. What Do XRP Charts Reveal? […]
Share
Tronweekly2025/09/18 00:00
Gold continues to hit new highs. How to invest in gold in the crypto market?

Gold continues to hit new highs. How to invest in gold in the crypto market?

As Bitcoin encounters a "value winter", real-world gold is recasting the iron curtain of value on the blockchain.
Share
PANews2025/04/14 17:12