Cozomo de medici nft

cozomo de medici nft

Will Snoop Dogg become a thought leader in the NFT space? Will more celebrities come out as having run crypto accounts (perhaps Snoop’s friend Martha Stewart is Pranksy)? Or will this whole thing turn out to have been an elaborate prank?

At the moment, the answer to all of those questions is unclear, but there is one concrete consequence of Snoop’s tweet: his mentions are now filled with people pitching him NFT projects. Never thought I’d have that in common with him.

Final note: while, again, I cannot stress enough that there’s no hard evidence linking Snoop and the Medici account, there’s one more critical clue to point out: Medici often signs off tweets with a wine emoji. You know who has his own brand of wine? Snoop Dogg.

Cozomo de medici nft

Snoop Dogg, the famous rapper, tweeted on Monday that he’s the one behind a Twitter account that discusses NFTs. Yes, this really is a thing that’s happened. While Snoop Dogg has released NFTs before, that’s not really anything new for celebrities — running a Twitter account that constantly tweets about crypto, and owning around a hundred of the crypto tokens, however, would be another level.
Is this reveal real? A prank? It’s unclear, but it sure is interesting.

@CozomoMedici (seemingly named after a prominent Renaissance-era Italian banker) is a Twitter account that’s amassed quite a few followers in the month or two it’s been active and talking about crypto. Part of what’s made the account splashy is that it’s seemingly spent millions on NFTs.

Cozomo de medici nft collection

NFTs will flip traditional art.” Let’s explore that idea.BTC price chart on Bitbay | Source: BTC/USD on TradingView.com

NFTs Will Kill Traditional Art, According To Cozomo de’ Medici

The notorious NFT collector begins by comparing the NFT revolution to the advent of Reality TV. “For almost 100 years, the studios decided which actors would be lucky or talented enough to become stars. But then in the 2000’s, everything changed. The cameras turned from focusing on actors, to every day people.

With Reality TV, soon it wasn’t a trained actor who was getting famous, but your classmate, co-worker, or next door neighbor.

Cosimo de medici nft

Digital magazine and gallery Artnet gave Cozomo de’ Medici the keys to the castle. The notorious NFT collector took over their very popular Twitter account to raise hell.
Cozomo de’ Medici’s thesis is that “the internet killed the yellow pages. Netflix killed Blockbuster,” and NFTs will replace traditional art.
A bold prediction, we know, but let’s give the pseudonymous collector the benefit of the doubt and explore his thread.

Related Reading | DAO To Make Jodorowsky’s Dune Manuscript Public: Member Won $3M Bid

The story starts withArtnet NFT 30. A list of the 30 most influential people in the NFT world. Of course, Cozomo de’ Medici was one of them. As a publicity stunt, Artnet gave Cozomo control of their Twitter. “And starting now, I will be taking over the ARTNET Twitter! I warned them I may be controversial ;),”de’ Medici said.

InArtnet NFT 30, they introduce him as follows:

“Ever since the mysterious collector behind this Twitter handle emerged on the scene in August, they’ve captivated the cryptorati with a combination of gnomic utterances and sage NFT investment advice, all packaged under a playful identity claiming a parallel between the famous patronage of Renaissance Florence’s Medici family (albeit with a tweaked spelling seemingly borrowed from Seinfeld’s Kramer) and Cozomo’s own pursuits in the digital art world today.”

Related Reading | Christie’s Will Auction Original Art From Gary Vee ‘s Veefriends NFT Collection

And about his collection, a huge part of this story, Artnet says:

“With astonishing speed, Cozomo acquired a collection of Art Blocks and CryptoPunks alongside NFTs by Justin Aversano, Tom Sachs, and a host of other artists.

The Medici OpenSea account also has around 100 NFTs in its collection (some of which were purchased for millions of dollars worth of Ethereum).

What’s an NFT?

NFTs allow you to buy and sell ownership of unique digital items and keep track of who owns them using the blockchain. NFT stands for “non-fungible token,” and it can technically contain anything digital, including drawings, animated GIFs, songs, or items in video games.
An NFT can either be one-of-a-kind, like a real-life painting, or one copy of many, like trading cards, but the blockchain keeps track of who has ownership of the file.

NFTs have been making headlines lately, some selling for millions of dollars, with high-profile memes like Nyan Cat and the “deal with it” sunglasses being put up for auction.

4/ Now, someone like @MrBeast could build a more sizable, much more engaged following than the biggest tv or film [email protected] could have more daily listens than the biggest radio stations

And those who used both social & reality tv, like Rogan & the Kardashians, built empires

— Artnet (@artnet) December 15, 2021

Ok, so far so good.

Then, Cozomo turns to art. For centuries, “kings, queens, and noble folk decided which art was relevant.“ Then, the tide shifted, “in the Victorian era of the 1800s, galleries, museums, and collectors began to move markets.” The problem here was that the public had zero access to these artists.

The wallet on Opensea owns close to $17 million worth of non-fungible tokens from various NFT collections like Cryptopunks, Cosmoflowers, and Snoop Dogg cash. At the time of writing, Cozomo’s Opensea account has approximately 207 NFTs.

Cozomo’s NFT account purchases NFTs regularly and the account has a variety of different kinds of digital collectibles.

The Cozomo de’ Medici Twitter account (@Cozomomedici) follows 247 people on Twitter but 38,200 individual Twitter accounts follow Cozomo. The Twitter account’s bio also has a link to the Opensea account and the bio notes that Cozomo likes to “[Share] tales & insights from the wild world of NFTs.”

Snoop didn’t declare ownership of the Twitter account and Opensea profile until September 20, 2021.

The real identity of Cozomo de’ Medici was a mystery to most until just last week, when the rapper came clean and admitted it was him. Having said that, some may have had their suspicions given he has been very vocal about NFTs this year.

Last month he even claimed the technology could be used to support “the original founding fathers of hip hop“. Nevertheless, at the time of writing some still have doubts as to the real identity of de’ Medici.

Time will tell whether real proof emerges that this is indeed the famous Long Beach, California rapper.

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The MarketWatch News Department was not involved in the creation of this content.

Apr 12, 2022 (AB Digital via COMTEX) — New York – In recent years, the NFTs have become immensely popular with new collections springing up every day. Digital investors and art collectors across the world are beginning to take a keen interest in this new asset class. As a result, the use of NFTs as collectibles is also on the rise in various niches such as games, digital arts, etc.

A recent sale of an NFT for $1 million has been making the headlines across the media sites. The buyer, who goes by the name Cozomo de’ Medici, bought the digital artwork calling it “a defining work of this era.” This is not a one-off deal.

4/ Now, someone like @MrBeast could build a more sizable, much more engaged following than the biggest tv or film [email protected] could have more daily listens than the biggest radio stations

And those who used both social & reality tv, like Rogan & the Kardashians, built empires

— Artnet (@artnet) December 15, 2021

Ok, so far so good.

Then, Cozomo turns to art. For centuries, “kings, queens, and noble folk decided which art was relevant.“ Then, the tide shifted, “in the Victorian era of the 1800s, galleries, museums, and collectors began to move markets.” The problem here was that the public had zero access to these artists.

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