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 referred to 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 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 “an excellent thought.” “As I acquired into NFTs I observed a dope venture and the entire angle was one thing totally different, which I actually liked,” he defined. “The angle of taking physical works of art and authenticating them in an identical method NFTs are authenticated on the blockchain however with a chip…It’s only a sensible 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 potential earlier than previously. 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 said that he believes digital foreign money 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 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 foreign money, I simply haven’t launched it but nevertheless it’s undoubtedly able to go.”