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 latest 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 positioning 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 cope with the Ethereum-based startup Roll.
Ja spoke about his latest 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 stated. “I simply thought they have been like the brand new digital sports activities playing cards.”
When approached with the chance to staff up with Testagrossa and Cropcho on Flipkick.io, Ja stated he although the platform was “an awesome concept.” “As I acquired into NFTs I observed a dope undertaking and the entire angle was one thing completely different, which I actually cherished,” he defined. “The angle of taking physical works of art and authenticating them in an identical 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 superb artists be capable of benefit from the fruits of their work and it was by no means doable earlier than prior to now. So I actually applaud what Flipkick is so far as the bodily NFT area.”
Additional within the interview, Ja stated he loves each Bitcoin and Ethereum. He even said that he believes digital foreign money is the “obvious” next step in economics. “I maintain somewhat 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 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 but it surely’s undoubtedly able to go.”