Snoop Dogg and Santana tokenizes
To connect with the art, we need a certificate of authenticity as artists. NFTs serves as a certificate of authenticity, generating value and leaving a legacy. Jerome Baker Designs, a glass pipe maker to the stars based in Las Vegas, will launch a series of bong-related NFTs tied to corresponding physical assets early next month.
The NFTs, which are available on FDCTech’s Ethereum-based platform, depict each bong’s unique glassblowing process and provide additional benefits. They’ll be available on Super Bowl Sunday, and the physical bongs will auction off at Superchief Gallery.
According to the smoking products marketplace SLX, Jason Harris, the founder and president of Jerome Baker Designs is one of the top ten glassblowers in the world. He founded the company in the early 1990s and has created custom pieces for celebrities, including Snoop Dogg, George Clooney, the Grateful Dead, Santana, and Rita Marley.
If you ever want to sell them, the packaging must be in perfect condition. The NFT serves as an authentication certificate, and the artwork serves as a package. Harris stated that the five bongs NFTs released on Super Bowl Sunday would be in line with his Burnt Orange collection, which consists of translucent bright orange glass bongs.
Owners of a bong NFT will be eligible for real-world benefits such as glassblowing classes and a trip to the Las Vegas Dream Factory.
Bitcoin could rise to $75,000
Bitcoin’s price could nearly double to $75,000 this year as more institutional investors begin to embrace the world’s most popular cryptocurrency.
After reaching an all-time high of $69,000 in November, bitcoin’s value has plummeted in recent months, and its price briefly fell below $40,000 on Monday, putting it near lows not seen since September.
When asked if bitcoin would reach the all-time highs set last year, Buehler said he thinks so but warned that volatility would remain high.
This week’s price decline occurred as rising Treasury yields and the prospect of higher central bank interest rates prompted investors to sell risky, growth-oriented assets.
Drops in the cryptocurrency market follow a rough week for equities, particularly momentum stocks. Investors have been shifting into more cyclical, and value names as the 10-year U.S. Treasury yield has risen at the start of 2022. On Monday, the 10-year yield reached 1.8 percent, up from 1.5 percent at the end of 2021.
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