Curiosity in cryptocurrency continues to rise among the many hip hop group. Ja Rule is just one of the growing list of rappers getting concerned within the current crypto craze. Ja simply helped launch a non-fungible token (NFT) market known as Flipkick.io with serial entrepreneur Robert Testagrossa and engineer James Cropcho. The location serves as a platform for artists and celebrities like Ja, plus creators, to monetize their work in NFT kind. In March, the Homicide Inc. rapper sold a Fyre Festival painting for $122,000 in cryptocurrency. And in June, he inked a take care of the Ethereum-based startup Roll.
Ja spoke about his current crypto endeavors in an interview with Bitcoin.com. The multi-platinum recording artist defined to the outlet that his first introduction to NFTs was with NBA High Shot. “I began gathering High Shot NFTs and I didn’t even realize they were NFTs on the time,” he mentioned. “I simply thought they have been like the brand new digital sports activities playing cards.”
When approached with the chance to workforce up with Testagrossa and Cropcho on Flipkick.io, Ja mentioned he although the platform was “a fantastic concept.” “As I received into NFTs I seen a dope undertaking and the entire angle was one thing completely different, which I actually liked,” he defined. “The angle of taking physical works of art and authenticating them in an analogous approach NFTs are authenticated on the blockchain however with a chip…It’s only a good factor to have the ability to authenticate physical artworks cryptographically and let these wonderful artists have the ability to benefit from the fruits of their work and it was by no means attainable earlier than up to now. So I actually applaud what Flipkick is so far as the bodily NFT area.”
Additional within the interview, Ja mentioned he loves each Bitcoin and Ethereum. He even acknowledged that he believes digital foreign money is the “obvious” next step in economics. “I maintain a bit Bitcoin, Ethereum, Solana, and Cardano,” Ja mentioned. “I even have my very own cryptocurrency, it’s actually social token that I’ve with an organization known as ICONN. I haven’t launched it or something but however I assume this is going to be my coming out party as a result of I simply talked about it. I’ve my very own foreign money, I simply haven’t launched it but however it’s positively able to go.”