Curiosity in cryptocurrency continues to rise among the many hip hop neighborhood. 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 type. 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 amassing High Shot NFTs and I didn’t even realize they were NFTs on the time,” he stated. “I simply thought they had been like the brand new digital sports activities playing cards.”
When approached with the chance to crew up with Testagrossa and Cropcho on Flipkick.io, Ja stated he although the platform was “a terrific concept.” “As I obtained into NFTs I seen a dope mission and the entire angle was one thing totally different, which I actually cherished,” he defined. “The angle of taking physical works of art and authenticating them in an analogous manner 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 superb artists have the ability to benefit from the fruits of their work and it was by no means doable earlier than up to now. So I actually applaud what Flipkick is so far as the bodily NFT house.”
Additional within the interview, Ja stated he loves each Bitcoin and Ethereum. He even acknowledged that he believes digital forex is the “obvious” next step in economics. “I maintain a little bit Bitcoin, Ethereum, Solana, and Cardano,” Ja stated. “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 suppose this is going to be my coming out party as a result of I simply talked about it. I’ve my very own forex, I simply haven’t launched it but but it surely’s undoubtedly able to go.”