Bitcoin Forum

Link
https://coinnounce.com/rapper-snoop-dogg-teams-up-with-the-virtual-blockchain-world-sandbox/

How do you think will market respond to this  ?

Just another marketing ploy. I know that Sandbox is another nft game. I think these days that NFT games or any NFT art will be endorsed by a known celebirty for them to get more players and investors.
Well, it's been working and effective before so it will still be effective for some.

Yeap i agree but i think it will be effective, I mean snoop lately was really active on the stream and people also know not only through game but the other industry too, he also have some iconic things like leaving the stream for more 8hours (Forgot to shut down the stream) and basically living meme too so i think this partnership or marketing it's going to some good feedback to Sandbox.

One thing that needed to take into account is he also has a significant influence in the music industry, if we zoom out and looking out in the bigger picture, he also jumped in the last Doge bandwagon. My take is such a popular public figure also contribute to influencing the masses about cryptocurrency. Therefore, I believe that kind of partnership also contributed as a network effect toward the cryptocurrencies space in general. It makes the adoption wider and made people more and more aware of this space.

The market will respond well when they feel it is benefiting overall, if there is no gain the market will likely respond negatively, but if an investor who has a high character value in the world like the Rapper, maybe this will be considered, given that many people under Snoop Dogg will following it, publicly affects the market from the results of Snoop Dogg's character who has world fame, this will affect the future market of the cooperation that has been built.

The market will still respond according to the demand and supply that occurs every day,
so it will also be the same for every coin, so there is no need to ask about the response to it if it is only news.

probably no, wherien only the sandbox can get more attention for their partnership, in fact there's a lot of popular artist who already joined NFT crypto art craze such ellen DeGeneres, shawn mendes,, eminema and many more but seems nothing happened and only the project itself can get benefits from it after all. So this one is nothing for sure, i mean they cannot give a massive contribution for the market..

Sandbox had been on the buzz for quite a time now and they were one of the first aiming for NFT marketplace. They have rose 50x during the NFT hype and still are in higher side of price trend.
I don't think Snoop dogg's involvement is going to make a significant difference specially in this bearish trend. Still I believe Sandbox is a horse for the long run. They have top level involvement and partnership and they could make the difference in NFT market.

For a project to afford a partnership with one of the popular celebrities, I guess they have the budget and they are serious with their project. Everyone knows Snoop Dogg but I see this as a pure advertisement to make the project popular especially on the celebrities, and if Snoop Dogg will be actively promoting the project, then probably the success rate of this one would be high.

Online gaming is getting more popular nowadays, thanks to Axie Infinity who hit the market big time.

Lmao, do you really think that a project will be valuable just because some famous rapper is endorsing it?

Reminds me of when Floyd Mayweather endorsed Centra and that turned out to be a big dud...

You shouldn't be buying coins based on celebrity endorsements because that can easily be bought for monetary sums, and is not representative of the actual quality of the project.

We don't know if Snoop Dogg is being paid lucratively here. But he has definitely followers. We are just seeing some celebrities that are now into crypto-related projects and a lot of them are really into NFT games or collectibles. Maybe in the next months/years to come, these celebrities will really find NFT/blockchain tech to be their new niche to earn good money.

Snoop Dogg has always been a good marketer. He is involved in a lot of businesses and products where you wouldn't really expect him to be a part of. He is someone that can appeal to many different audiences. I'm not into NFTs but I am sure that there is somebody out there who is a fan of Snoop and will decide to check this project out because of him.

He has diversified his earning sources which is always a good idea.
Some of the professions do not have that much stability or life, so it is better to try other ventures as well.

sandbox did a great way to promote their coin by getting rapper snoop dogg to work with them
one thing we need to look at the sandbox is the project metaverse. if you look at the increase in the sandbox, it's extraordinary
The promotion they did by inviting Snoop Dogg was the right step because at this time the price of sand was soaring up thousands of % maybe more.
moreover, their game will be launching soon on November 29th. this would be a wonderful thing.

I consider that part of a promotion from Sandbox to help them raise more investors when people see an artist like Snoop Dogg's partnership with Sandbox. They will think that the project can be interesting to join and they will find out to see if the project can give them a chance to make money. That is my speculation as we do not know what the Sandbox team plan with their promotions but mostly, that is one of the ways for a project to get more investors. Maybe that can lift the Sandbox price to the high price but we need to see what will happen to Sandbox and the crypto market.

I think endorsement of notable individuals is one of the best marketing strategies as they tend to pull their fans to the project. Another good strategy is the use of cryptocurrency influencers on social media, this could also contribute immensely to the success of the project. NFTs are gaining more popularity and several persons are joining the market.

Using a very popular rapper will bring the project success , if this is Legit and real then Sandbox now should be earning popularity and response as this had been more than 2 months in activity.
Though i am not really a fan of NFT games yet i know there are big returns if you are a first to play and earn.

This seems like a pretty bad take.  The Sandbox has since added billions of dollars to their market cap as a result of the growth kickstarted by Snoop's partnership.  I also wouldn't classify it as an NFT game.  I think people could play in the sandbox and enjoy themselves without having any knowledge of NFTs whatsoever.  I've spent a little time in there now and I'm impressed with the development occurring.  My expectations were a minecraft style game that would be totally lame for anyone over the age of 10.  It has some potential though and I was pleasantly surprised by the experience offered.  Now if I could only snatch an Alpha Pass from someone...

Maybe we should crowd fund an alpha pass and pass it around so we can see more of what's in store.  :)

I've been following Sandbox lately, I was late on axie infinity and I was planning to be early on some other nft games but, this Sandbox is different. They have minimum requirements(investment) in order to play and earn. Using celebrities to get more players in the game are good moves, but it requires more investment so may that is why they have these standards. I think is goes well and now there is so much in to it, we just have to engage often to learn more to it for you to judge if it is good or not.

I thought I can afford it but not. Only with the money are able to play and earn, but you can play without investments the only thing is you won't be able to earn. Also if you are good at building things then there's an option for you to build your own game and maybe sell it or rent to the players if it is good enough.

If that is the case then maybe we, ordinary investors or gamers will not join the bandwagon on Sandbox.

Not sure what's their reasoning for that requirements, maybe they want to control everything, hence they have high standards.

And as far as Snoop Dogg partnering with them? they could be successful or not. As we all know that everything right now is full of hype, and if by chance NFT's suddenly loss it, then all this partnership and endorsement by any celebrities and sports personalities are going to the trash bin.