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Snoop Dogg: Opening Bored Ape NFT-themed restaurant

Snoop
TL;DR Breakdown
  • Snoop Dogg takes charge of launching an NFT-themed dessert restaurant.
  • The NFT-themed restaurant shares the concept with Bored and Hungry NFT.

Snoop Dogg and Food Fighters Universe, a startup firm co-founded by Andy Nguyen, Kevin Seo, and Phillip Huynh, have announced intentions to launch Dr. Bombay’s Sweet Exploration in Los Angeles. 

Recently, a quick-service restaurant in Los Angeles known as Bored & Hungry became the first entity to take its name from a Bored Ape Yacht Club NFT. The people responsible for that entity are putting up another NFT-themed restaurant. Snoop Dogg, a rapper, and NFT lover, is in charge.

Snoop, whose real name is Calvin Broadus Jr., has given the online persona he uses at the Bored Ape Yacht Club the name Dr. Bombay. One of the most popular Ethereum NFT collections is the Bored Ape Yacht Club. It spans the Ethereum network and comprises 10,000 different avatars that resemble tired cartoon apes. The collaborative efforts of the NFTs have created more than $2.1 billion worth of secondary market trading activity to this point.

The NFT holders of The Bored Ape Yacht Club, founded by the company Yuga Labs and is a startup, have permission to monetize their photographs. As a result, the Bored Apes brand is under use for various items. Some of the uses include packaging for garments, beer, and marijuana. Moreover, it features projects including virtual bands and a forthcoming film and Tv productions Club. “The real digital assets were owned by the same person that established the eatery. The Food Fighters Universe is planning to release its own NFTs. The NFTs will help its enterprises and the local neighborhood in various ways.

Snoop Dogg was long into NFTs

Another way, Snoop’s dessert restaurant is not an “official” Bored Ape restaurant built by Yuga Labs. Yet, the rapper is ideally within his rights to use the NFT image that he owns for the restaurant. An NFT is a non-fungible token usable as evidence of ownership of an item. In this example, a digital image of an ape. In addition, ownership of an NFT grants the holder access to a community of other owners and certain commercial rights and other benefits. The inside of the Los Angeles location of the Bored Ape Yacht Club NFT Restaurant.

Bored and Hungry is a burger business in Los Angeles that takes its inspiration from BAYC. The concept behind Bored & Hungry is the same as the one behind the open dessert shop. As users found out when they went to the restaurant in April, the logo and the decor are based on the non-fictional characters “Bored Ape” and “Mutant Ape Yacht. 

Is Snoop Dogg conversant with digital assets?

Snoop Dogg had a strong foundation before establishing it in the NFT space. He is a member of the Bored Ape Yacht Club NFTs and has worked on projects such as The Sandbox on Ethereum and Clay Nation on Cardano as a collaborator. Besides, he distributed NFTs about the popular Nyan Cat meme.

The rapper also asserts that he is the same person who uses the alias Cozomo de’ Medici on Crypto Twitter. Cozomo de’ Medici is an NFT collector who boasts a valuable millions-dollar collection. Some of his fine collections include CryptoPunks, Art Blocks, and XCOPY pieces. Cordell Broadus, son of Snoop Dogg, goes by Champ Medici on Twitter. Broadus is also participating in the restaurant project and uses the same handle.

According to Cordell, Food Fighters Universe links food, Web3 and blazes a road with real-life utility for NFTs.

The hospitality business is moving there, and both my father and I could not be more thrilled to be a part of it. The information discussed and put to use helped bring Dr. Bombay to life.

Cordell

The NFT has become an inhouse asset in most investments. People seem to be confident in them.

Nellius Irene

Nellius Irene

Nellius Irene is a cryptocurrency investor and journalist who has been in the nascent space since 2018. She has researched and written on several crypto-related topics including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem.

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