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 latest crypto craze. Ja simply helped launch a non-fungible token (NFT) market referred to 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 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 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 staff up with Testagrossa and Cropcho on Flipkick.io, Ja stated he although the platform was “an excellent concept.” “As I acquired into NFTs I seen a dope venture and the entire angle was one thing completely different, which I actually beloved,” 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 wonderful artists be capable to benefit from the fruits of their work and it was by no means potential 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 forex is the “obvious” next step in economics. “I maintain slightly 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 referred to 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 nevertheless it’s undoubtedly able to go.”