Thanks to technology, you can now own the rights to an iconic Biggie rap

  • 📰 washingtonpost
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

On Tuesday afternoon the estate of Notorious B.I.G. made available — first to a list of fans that have demonstrated their devotion and then to the general public — a 3,000-piece NFT collection that uses algorithms to resurrect the late rap icon’s signature looks.

But no commercialization seduces like a web3 commercialization. Barrow, entrepreneur Elliot Osagie and Biggie’s mother Voletta Wallace a little while ago got together with OneOf, an NFT company co-founded by Quincy Jones that previouslyfamous looks

Organizers say that even simple images, like Biggie holding a bag of cash, come with commentary befitting his music. OneOf’s Whitney Houston demo sold for nearly $1 million to a single buyer. Grimes also sold a collection for nearly $6 million, only to see it laterNot that all musician NFT’s take off right away. Embattled singer Chris BrownTuesday evening, Sealey said that the general-public allotment of Biggie’s NFT sold out within 10 minutes.

But what about the speculative bubble inherent to NFTs. Is this a unique tribute? Or just a code-heavy way to mint more money?

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 95. in LAW

Law Law Latest News, Law Law Headlines