$ADA: Hollywood Actor Martin Lawrence Is Working on a Cardano-Powered NFT Collection

On Tuesday (June 7), American comedian and actor Martin Lawrence explained how he is joining the Cardano ($ADA) community.

His comments were made during a conversation on Twitter Spaces with Patrick Tobler, Founder and CEO of NFT-MAKER, and Charles Hoskinson, Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development.

Below are some highlights of what Lawrence and Hoskinson said during this chat.

When and How Lawrence Got Into Crypto

A couple of years ago, when my team brought NFTs to my attention.

Lawrence’s First Impressions of Cryptocurrencies and NFTs

I want to learn more about them… That’s why I’m excited to partner with your company.

What Hoskinson Thinks About How NFTs Have Evolved on Cardano

I didn’t expect Cardano to be a major player in the NFT space, at least initially. It kind of caught us all by surprise. We worked really hard at trying to create great asset standards… We didn’t expect to to have NFTs be quite large, but then it was completely community led. So, all these projects materialised out of nowhere, and about 40% of the 1000+ projects on Cardano are NFT-related, and there’s over five million assets that have been issued on Cardano, and the transaction volume is remarkable…

There’s about $270 million worth of sales that are occurring on a monthly basis when you look at this in the last three months average. So, it’s an unexpected surprise, but in hindsight it makes perfect sense. When you look at the native asset standard, when you look at the eUTXO model in particular, it makes it really easy to do an airdrop, it makes it really easy and low cost to issue things and manage these things that that are coming through. So, in hindsight, it does kind of make sense.

Why Lawrence Finds NFTs Interesting

Well, I think it’s interesting that people can have some in the metaverse that’s just for them.

What Lawrence Will Be Unveiling Soon for His Fans and the Cardano Community

We’re creating 30 unique exclusive, one-of-one NFTs, and we also have a special announcement coming soon.

Influential American rapper and record producer DeAndre Cortez Way, aka “Soulja Boy“, also seems to be excited by Cardano-powered NFTs.

Last Friday (June 3), he turned his Twitter followers to ask what Cardano NFTs to buy by sending out the following tweet that the IOG CEO found interesting.

In April, an even more famous American rapper “Snoop Dogg“, alias “Cozomo de’ Medici”, and his son, “Champ Medici”, launched their collaboration with crypto project Clay Nation. The result was a Cardano-based NFT collection called “Clay Mates“. Clay Mates are “characters who are brought to life in stop motion animation and re-homed on the blockchain as CNFTs.”

The first NFT in the Clay Mates Series 1 collection was “Charlie Birdkinson”.

On May 31, Snoop’s son, Cordell Broadus, who is very much interested in crypto and the metaverse, tweeted that he believes in the Cardano community:

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Disclaimer

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.

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