Did Snoop Dogg really buy $ 17 million worth of crypto works under the nickname “Cozomo de Medici”?

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About a month ago, a new Twitter profile was created under the name of Cozomo de Medici, an apparent reference to Cosimo de ‘Medici, the Renaissance patriarch of the dynastic Italian banking family. Like its namesake, the Twitter user introduced himself as a patron of the arts, but rather than traffic Donatellos their passion was NFTs.

Almost overnight, Cozomo established himself as a real player in the market, amassing a collection of CryptoPunks, Art Blocks and other NFTs with a total estimated value of over $ 17 million. Twitter admirers also came: Thousands of people followed the account, where they found updates on new acquisitions studded with nuggets of investment advice, such as: For There’s a Weird Cultural Ponzi-nomy to NFTs, [where] just like contemporary art, no one wants to sell for less than the previous high price.

The myth grew, and quickly, as others online questioned Cozomos’ true identity. Surely he was a remarkable person, wasn’t he?

Dear brakes,

Since I announced my dox, events have unfolded that most would not believe or understand.

What I can share is that I received a surge of cuteness here on Twitter. And many say they’d rather know me as Cozomo, and no one else!

So here is what I decided to do:

– Cozomo de Médicis (@CozomoMedici) September 20, 2021

The speculators quickly got their answer. On September 20, Cozomo announced a contest to reveal who was behind the account. A celebrity, the anonymous character explained, would publicly claim Cozomo’s name on Twitter, and the first person to spot the tweet would receive 1 ETH, worth around $ 3,000.

I’m @CozomoMedici, rapper Snoop Dogg tweeted later today, putting an end to the mystery and throwing the crypto-community into a daze.

In a way, that made sense: the seemingly endless supply of cash, the Medici bit, the odd courteous air of the tweets. Snoop’s name, given by Calvin Cordozar Broadus Jr., is predictable, unpredictable, and well-loved. He’s also proven to be an avid investor, supporting tech companies, plant-based food companies, and cannabis startups through his venture capital firm Casa Verde.

But then again, maybe that makes too much sense for an elaborate troll’s work neatly wrapped up in a little Twitter flimflam?

At least that’s the theory some online are now pursuing. VICE recently broke down all the holes in Snoop’s story, comparing the geotags in the rappers’ social media photos to those of Cozomo, who appears to be spending a lot of time in Italy. The NFT influencer also once tweeted a photo of himself with fellow collector Jason Derulo on the shores of Lake Como. Both of their faces were covered in avatars, but it’s clear which one was Derulo and which wasn’t, and which one wasn’t was… well, it wasn’t Snoop.

DO-Double G or not, this modern day Medici sits on an impressive treasure trove of cryptographic artwork. In addition to Punks and Art Blocks, they own a Cai Guo-Qiang NFT and recently acquired a character coin from artist XCOPY for 1,300 ETH, or around $ 3.9 million, which should ensure attention. continues from the fickle art world.

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