THELOGICALINDIAN - The nonfungible badge NFT industry has exploded in 2024 as millions of dollars account of cryptocurrencies abide to be traded for these blockchain collectibles every distinct day This anniversary Bitcoincom News chatted with the accepted American rapper Ja Rule about NFTs as he has partnered with James Cropcho and Robert Testagrossa to body a exchange alleged flipkickio
Ja Rule Speaks About NFTs and Bitcoin, Fyre Festival, and the NFT Marketplace Flipkick.io
Yesterday, Bitcoin.com News batten with recording artisan Ja Rule, who is able-bodied accepted for his chart-topping albums and songs like the cardinal 1 hit “Always on Time” (featuring Ashanti) in 2002. The artist is now complex with non-fungible tokens and helped anatomy a different NFT exchange with consecutive administrator Robert Testagrossa (Flipkick’s CEO) and architect James Cropcho (Flipkick’s CTO). Flipkick.io is a full-service NFT exchange that caters to artists, celebrities, and creators who appetite to monetize their assignment with concrete NFTs.
Ja Rule told our advertisement that’s a big aberration back he discussed his allure for NFTs and how Flipkick.io offers its NFT experience. In accession to the NFT space, Ja Rule delved into added capacity such as cryptocurrencies like bitcoin and ethereum.
Moreover, a brace of hosted NFT artworks listed on Flipkick.io were angry to the abominable Fyre Festival affair and Ja Rule batten candidly about the subject. While the Fyre Festival was a abortion he said, there was a “silver lining” in the end. The rapper additionally believes cryptocurrencies are aloof the abutting progression of economics and he believes the NFT amplitude will anytime be a multi-billion dollar industry.
Bitcoin.com News (BCN): When did you aboriginal apprehend about non-fungible tokens (NFTs)?
Ja Rule: You apperceive it’s adamantine for me to put a date on that, I don’t absolutely apperceive the date. It was aboriginal in the year and I haven’t been on NFTs for that long. My aboriginal addition into it was with NBA Top Shot. I started accession Top Shot NFTs and I didn’t alike apprehend they were NFTs at the time.
I aloof anticipation they were like the new agenda sports cards. You know, that blazon of thing. I started accession those because I aggregate approved sports cards. That was like the abutting accessible progression for sports cards and so I started accession those and again a acquaintance of abundance let me apperceive that what I was accession was absolutely NFTs. He told me that ‘you already been accession them – NBA Top Shots are NFTs.’
BCN: In accession to NFTs, what do you anticipate about the acceleration of agenda currencies like bitcoin?
Ja Rule: I adulation bitcoin, I adulation ethereum, I adulation cryptocurrencies and decentralization and I anticipate that it’s the abutting accessible footfall in economics. It’s activity to be an absorbing abutting bristles or ten years.
BCN: Are you apparent to agenda assets like bitcoin or ethereum?
Ja Rule: I authority a little bitcoin, ethereum, solana, and cardano. I absolutely accept my own cryptocurrency, it’s absolutely a amusing badge that I accept with a aggregation alleged ICONN. I haven’t launched it or annihilation yet but I assumption this is activity to be my advancing out affair because I aloof mentioned it. I accept my own currency, I aloof haven’t launched it yet but it’s absolutely accessible to go.
The affair with cryptocurrencies is it has to accept utility. So I am architecture out that account for ICONN which additionally has a live-streaming platform, ICONN Live. It’s in the App Store now and you can download that and that will be one of the means you can use [the] ICONN [token] as well.
BCN: How did you get complex with the Flipkick bazaar concept?
Ja Rule: Man, Flipkick.io is such a abundant idea. So as I got into NFTs I noticed a blockhead activity and the accomplished bend was article different, which I absolutely loved. The bend of demography concrete works of art and acceptance them in a agnate way NFTs are accurate on the blockchain but with a chip. We accept a apparent awaiting on our technology, and back I say ours it’s because I’m allotment of the company.
It’s aloof a acute affair to be able to accredit concrete artworks cryptographically and let these amazing artists be able to adore the fruits of their assignment and it was never accessible afore in the past. So I absolutely acclaim what Flipkick is as far as the concrete NFT space.
BCN: There are a few Flipkick.io-listed NFTs angry to the accountable of the Fyre Festival. Curious as to what you anticipate about these Fyre Festival NFTs that are listed? For instance, one NFT is a account of the cheese sandwich that awash for $80K — What do you anticipate about that sale?
Ja Rule: Yeah that’s an absorbing story. Well, my painting that I sold, I capital to get rid of it and get it out of my house, because I accept a accomplished new affiliate in my life. That accountable doesn’t ascertain me. I capital the bad amulet out of my house. I awash my painting as an NFT which was great. Then the cheese sandwich photo is a actual absorbing story, because the guy that absolutely took that account of the cheese sandwich — This is a guy I should accept acrimony toward.
Because he took a account of a cheese sandwich, and that was a apocryphal anecdotal to what was actuality served at the festival. It became like the ‘big joke’ and like absoluteness to a lot of people. Like this is what they were confined on this adversity and again you see the documentary, and the woman is sitting there adage she absent money because she fed all these people, adage this and that, and how she adapted amazing food. It’s like which one is it? Were we confined cheese sandwiches or confined this woman’s amazing food? I don’t apperceive which one it was, because I wasn’t there, obviously.
But I’m acute abundant to apperceive that if bodies were actuality served a cheese sandwich, there would be added than aloof one account up. So he came to us with the account and at aboriginal I was adjoin it, because I was like ‘we’re not the Fyre Festival, we’re an bargain house.’ We did my painting and it got the aggregation press. It helped bang off the Flipkick aggregation and it is a concrete allotment of art and a admirable allotment of art, behindhand of what it represents. The art [Tripp Derrick Barnes] corrective is amazing.
So he deserves to accept his art displayed and awash like anybody else. He didn’t apperceive this was activity to be a adversity back he corrective that assignment of art. The cheese sandwich adventure is such an amazing story, because this man brought us this cheese sandwich account and he capital to advertise it and the rights to the picture, because of all the activity and whatever Fyre was. At first, I said ‘let’s not do this,’ but again we abstruse that… and that James and Test (Flipkick.io co-founders James Cropcho and Robert Testagrossa) said that the guy is aggravating to advertise the account because he needs a new kidney.
He again put the account up on flipkick.io and it didn’t sell. I said ‘ya apperceive Test, this is bigger than aloof the picture,’ and Test was like ‘Ya apperceive Ja, I agree.’ I said we should buy this account and save this guy’s life, and that’s aloof what we did. So I absolutely own the cheese sandwich picture and Flipkick owns the cheese sandwich picture. The argent lining abaft the accomplished Fyre Festival abortion is that this man’s activity was able to be adored from that picture. I anticipate that’s article bodies should accept back they attending at Ja Rule and say that I capital to betray bodies — No, I’m not that guy.
I abhorrence back bodies allocution about that adventure like I’m such a bad guy, and they don’t alike apperceive me or apperceive abundant about the incident. Whenever bodies allocution about the Fyre Festival, I let them apperceive that I was austere of all wrongdoing. It wasn’t article that was, for me, carefully done to be a disaster. And that the guy [Billy McFarland] is confined time for his mistakes. Billy’s in bastille and he stood up for aggregate that he did. He let it be accepted that Ja Rule didn’t do this and he stood up for that. With that actuality said, the cheese sandwich account awash and adored a life, and at the end of the day, there is a argent lining out of that accomplished fiasco.
BCN: A all-inclusive cardinal of hip-hop artists, rappers, and added celebrities accept been jumping into the NFT industry. Why do you anticipate acclaimed musicians and artists are accepting into NFTs?
Ja Rule: I anticipate bodies are absolutely accepting into NFTs because of what it is. Here’s the best way I can explain it and I’m activity to accord acclaim to my man Carlos Gill who said this to me the added day and I said that’s a actual absorbing angle of NFTs. He said ‘It’s like the banal market, country club, and association all in one.’ It’s aggregate back you attending at what NFTs are.
BCN: A cardinal of bodies accept that Bitcoin and NFTs are meant to decentralize the systems that accept been besmirched by calumniating third parties. What does Ja Rule anticipate about decentralization?
Ja Rule: I like decentralization, I like the actuality that bodies can move their money in altered ways. This is a bill that bodies can use beyond all forums. Not aloof in America, but in every country and it’s like the apple bill for everyone.
BCN: NFTs are accepted to be a multi-billion dollar business in the abutting few years with exponential growth. Do you anticipate that it will abound that valuable?
Ja Rule: I do anticipate that will happen. I anticipate the amplitude is really, absolutely baby appropriate now. There’s not a lot of bodies into NFTs and a lot of bodies are absorbed and appetite to apperceive added about it. But it’s still actual new and a actual adolescent amplitude but it’s growing. A lot of celebrities, a lot of bodies are accepting into it because I anticipate they like the faculty of community. Being a allotment of something. It’s like addition came up with an abstraction to alpha these baby communities to get affluent aural these groups. Like a abstruse society. I anticipate that’s what bodies are accepting into.
For me, I adulation art. First and foremost I adulation accession art and there are some NFT projects area I don’t alike apprehend the roadmap afore I buy the art. Because I don’t care, I adulation art and adulation what I bought. For me, art is in the eye of the beholder. What I like, you may not like. What I see as valuable, you may anticipate is garbage. It’s abstract and so is music so it affectionate of goes duke in duke and for me, it’s the aforementioned thing.
What do you anticipate about the Bitcoin.com News account with Ja Rule? Let us apperceive what you anticipate about this accountable in the comments area below.
Image Credits: Shutterstock, Pixabay, Wiki Commons, flipkick.io, Trevor DeHaas NFT, Ja Rule, Studio Dan, Ben Katz, Nipsey Hustle, Twitter,
