Celebrities like Snoop Dogg, Gary V, Dolly Parton holding $95 million in cryptos & NFT

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Every day something is happening in the NFT space. This is no doubt one of the most popular talking topics these days, as many popular names are surfacing on NFT related news every day.

Some of the popular names that have appeared on the NFT space today are Dolly Parton, K-Pop singer Sunmi, Gabe Newell of the valve, etc. Dolly Parton has recently launched the NFT of Dollyverse which is gaining a lot of attention.

Dollyverse is created with metaverse, and the tokens of Dolly Parton, and her music is part of the Album promotion.

In a recent report by Dappradar, the total worth of NFTs owned by Gary Vaynerchuck who is an Entrepreneur and Snoop Dogg is around $95 million. Gary holds the largest chunk in this total of about $81 million.

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He owns some of the most popular NFT tokens from collections like World Of Women, Bored Ape Yacht Club, and Cryptopunks. He owns around 60 NFT tokens from the Cryptopunks collection. All these NFTs are creating a massive value in Gary Vaynerchuck’s wallet.

Last year in May 2021, Gary Vaynerchuck also launched an NFT venture called Veefriends. Ever since its launch, the project gained a large sum as secondary sales which have amounted to around $132,000

Snoop Dogg is known for his avid interest in cryptocurrencies and the NFT market. Currently, he also owns a lot many NFT tokens from different collections. Some of the collections from which he has the NFT tokens are Meebits, Cryptopunks and Fidenza NFT.

One of the most expensive NFT tokens that Snoop Dogg owns is token #3831 from the Cryptopunk collection which is currently worth around $2.57 million. He has been part of NFT seen from the very early stages of its popularity. Ever since he has taken up many ventures around the NFT market and metaverse. He has partnered with many cryptocurrency companies. He has launched his own Snoop Dogg NFT, has bought real estate on Metaverse. And also has launched his own avatars called Snoop Avatars on Sandbox in January.

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In the current survey by Dappradar, many names came up as some of the heaviest NFT wallets at the time. Dappradaralso released a top 10 list of people who owns the most expensive wallets when it comes to NFT.

Some of the names were Snoop Dogg, Gary Vaynerchuck, Youtuber Logan Paul, and Alexis Ohanian the co-founder of Reddit. The current wallet value of Alexis is around $4.9 million and of Logan Paul is around $4.2 million.

Backlash due to NFT

On one side, many celebrities are enjoying the NFT projects, launching their avatars, and making their NFT wallets heavy.

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On the other side, some are facing backlash due to NFT projects. One such recent development is of K-Pop artists Sunmi and her label Abyss. They launched 10,000 NFT tokens of animated and cartoon images based on Sunmi.

However, her fans did not like it in general. They said that the company and the artist are trying to make some profits using the artists’ popularity. Though company issued a statement on social media stating that they have a long-term vision for this project. But, still, many fans remain strong in stating their dislike for this current project.

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