Latest Crypto News: Snoop Dogg, Billy Ray Announce NFT Project; Elon Musk Backs Crypto Payments For Twitter - Outlook India

Latest Crypto News: Snoop Dogg, Billy Ray Announce NFT Project; Elon Musk Backs Crypto Payments For Twitter – Outlook India

The non-fungible tokens (NFTs) are entering the mainstream world in a big way, now with the iconic rapper Snoop Dogg announcing his collaboration with country music singer Billy Ray Cyrus and the Avila Brothers to release an NFT collection. According to a Binance report, the “A Hard-Working Man” NFT collection will be released in collaboration with Animal Concerts, a pioneer in virtual world events.

The report said that the NFT project would prioritise collaboration among musicians. The NFTs will act as membership cards for IRL events such as concerts, comedy performances, meetings, celebrations, and poker games.

“The NFTs are classified into three categories: The Hustler Version will be the first to go live, with 9,999 unique NFTs. Owners will have direct exposure to virtual world events, special celebrations, a Snoop Dogg party at a live event, digital concerts, gaming bundles, and other benefits,” Binance said. In addition, it noted that the subscribers to the Overachiever Edition would have access to a special event with Snoop and Billy Ray, unpublished AHWM material, multiverse gear giveaways, and more.

The report added that Snoop has earlier published multiple NFT collections and multiverse events and even launched his bakery based on his Bored Ape IP, besides owning a Bored Ape and a private NFT collection worth a fortune.

Elon Musk Wants Twitter Payments System To Accommodate Crypto Transactions

Twitter chief Elon Musk has reportedly instructed his developers to build the platform’s payments system so that crypto functionality can be added in the future, according to a report by crypto news outlet Cointelegraph.

As per a January 30 Financial Times r