A GATEWAY TO NEW MUSIC

Rappers and NFT – Hip-hop cashes non-fungible tokens

MusicGateway


Despite the tendency to spread in hip-hop and sumptuous lifestyles of rappers that are posted via social media, hip-hop isn’t necessarily the big business it seems to be with go around the table in a global pandemic. Due to COVID-19 Tour Restrictions, rappers had to make up the difference in lost income during the pandemic. With a few rappers turning to Only fans as a means of secondary income, others rely on NFTs to make up for gaps in their checkbooks.

An NFT is a unique non-fungible token used as a digital collectible. Digital currency like Bitcoin or Litecoin is fungible, so if it is exchanged for another, the end result is exactly the same. Not with NFTs though; once traded, an NFT is unique to its buyer.

According to Billboard, NFTs are a digital collector’s item that serves as proof of authenticity. This means pretty much anything you are looking to sell can be authenticated in a collector’s item and purchased through a blockchain. For example, a city of New York the man’s fart was purchased for $ 85. In the hip-hop space, rimers are a bit more practical with their exploration of NFTs.

Early March, Soulja boy asked his Twitter followers a question, asking how to sell his tweets. On the same day, the pioneering rapper used Valuables per hundred, a platform to create tweets and turn them into unique NFTs.

Some rappers have used NFTs to sell tangible fan memorabilia like the late one MF DOOMthe augmented reality mask of Azealia Banksrecently announced an audio sex tape with her fiance, which was sold on an NFT digital marketplace.

Looking at the NFT market and what digital platforms have to offer, here is what some of your favorite rappers have sold – or are selling – using NFTs. Find out about Rappers and NFT – How hip-hop is cashing in on non-fungible chips.

  • Soulja boy

    Soulja Boy took to his Twitter account for help earlier this month on March 7 when he asked, “How do I sell my tweets.” The rapper apparently sold this exact tweet on the digital marketing site Valuables per hundred for 0.07475 Ethereum or $ 1288.00. He then sold four more tweets for $ 796.71, earning $ 2,084.71 in three hours by auctioning his thoughts on social media.

  • Azealia Banks

    Azealia Banks is also taking advantage of the NFT wave. On March 9, the New York-born rapper revealed that her 24-minute audio sex tape with her fiance and concept artist Ryder Ripps had been sold on the NFT Marketplace. Foundation for 10 Ethereum by a user named Rulton Fyder. Ten Ethereum costs roughly $ 17,000.

  • Quavo, Lil Baby, 2 Chainz and Jack Harlow

    Quavo, Lil baby, 2 Chainz and Jack harlow partnered with Bleacher Report to release an NFT collection to the OpenSea online digital marketplace during this year’s NBA All Star Weekend, where they were seen competing in a basketball competition. According to Rolling stone, the collection includes “four custom-designed basketballs that blend music, culture and sport with innovation”. The rappers were given their own silver NFTs, of which 150 were minted and they sold for 0.4 Ethereum, or around $ 715. The rimers also received gold NFTs which they were able to advertise as “10 out of 10” and auction them off. When the Bleacher Report gold auction ended, the tokens sold for over $ 591,000, with the No.1 in 2 Chainz out of 10 selling high for 38 Ethereum or $ 68,030.

  • Lil Pump

    Lil Pump has partnered with the NFT platform, Sweet, to release three unique collectibles, including digital jewelry: Esskeetit Card, Lil Pump Artist Card V1, and Esskeetit Diamond VVS. According to Bitcoin Official SitePump’s NFT Collectibles Announcement features a three-coin collection, which includes a 500-coin giveaway, a collectible card with limited inventory of 2,000 coins, and the aforementioned VVS Esskeetit Diamond. Apparently there are a total of five Diamond NFT VVSs, which can be purchased using Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), or a credit card. Items are also available on a first come, first served basis.

  • Iann Dior

    Multiplatform Sales Artist Iann Dior appears on Linkin Park co-founder Mike Shinoda’s recent single “Happy Endings”, which also features Upsahl. Ten copies of a 75-second clip of the song, released in February, and its abstract work, produced by contemporary artist Cain Caser and Shinoda himself, are on sale at the online marketplace, Zora. According to Rolling stone, the first of 10 copies sold for five WETH-wrapped Ether, which sells on the Ethereum network. Five WETH equals approximately $ 8,000. The No.10 of ten copies sold for four WETH, or about $ 6,600, according to Grab magazine.

  • MF DOOM

    According to NME, in honor of the late MF DOOM, widow of elusive rapper, Jasmine Dumile, of the Rhymesayers Entertainment label and the digital market Space illust have joined forces to auction numerous signed augmented reality masks to buy using NFT. There are seven masks in total and they are expected to sell for between $ 15,000 and $ 75,000. The current starting price for one of the masks is 200 ETH, or around $ 338,000. It’s also worth noting that 10% of profits are donated to DOOM’s estate as royalties to help fund future projects.

  • Post Malone

    According to Parts office, Post Malone and his manager Dre London have joined forces with digital marketplace Fyooz to give fans the chance to play against Post in his Celebrity World Pong League. To participate, users must have FYZNFT tokens, which would apparently be dropped by users on Fyooz.

  • Rule Ja

    Rule JaThe Fyre Festival was quite chaotic and received a lot of criticism in 2017 for cutting costs and costs. According to Newsweek, the rapper from Queens, NY has since hopped on the NFT train to sell a 2017 painting of the Fyre Festival logo by Tripp Derrick Barnes on the Flipkick platform.

  • Saigon

    Brooklyn rapper Saigon also jump on the NFT wave. On March 18, he revealed that he had used NFT to sell his son’s works. “I just got from NFT some of my son’s artwork… The kids are already a living legend,” he tweeted.

    The day before, he had shared his thoughts on NFTs with his Instagram community, posting a photo post encouraging parents to teach their children about NFTs, cryptocurrency, stocks and trading. “Lord Willing …… Do your best to make sure your kids have the tools they need to step into this crazy future ….. #FactsOfLife … and oh yeah .. Click Link In Bio My 9 year old daughter told me she had had enough of Tik Tok today … Music to my ears, ”he captioned the IG photo.





Source link

Test title VideoSub title video
Test title VideoSub title video
The break presents – SSGKobe
Kanye West reveals his room at Atlanta stadium
Boosie BadAzz defends DaBaby, calls Lil Nas X a homophobic insult
Test title VideoSub title video
Test title VideoSub title video