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Top 10 Rappers Who Are Rhyming Their Way Into The World Of NFTs

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Top 10 Rappers Who Are Rhyming Their Way Into The World Of NFTs

NFTs gained considerable pop-culture dominance, especially in the music and trend affluent society of rappers.

The extensively escalated popularity of Non-Fungible Tokens (NFTs) clearly became evident last year. From commercial giants and fashion studios to sports legends and Hollywood celebrities, everyone wanted a piece of these tokenized goodies. With this, the frenzied NFTs gained considerable pop-culture dominance, especially in the music and trend affluent society of rappers. This article features the top 10 rappers who are rhyming their way into the world of NFTs.

Shady Con – Eminem

The world’s first NFT drop from Eminem provides Stans, fans, NFT enthusiasts, and collectors one opportunity to own a piece from Eminem’s premier NFT drop. Born from the convergence of blockchain technology, creative enthusiasm, and pandemic doldrums, this drop was inspired by Eminem’s passion as a vintage toy, comic book, and trading card collector that traces back to his childhood days as just “plain old Marshall.”  Make no mistake, this is a digital festival…but it’s modeled after the traditional “Con” gatherings where fans come together and trade their wares.

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Happy Endings – Mike Shinoda, iann dior, and UPSAHL

Between Linkin Park, Fort Minor, his own solo projects, and his graphic design work, Mike Shinoda has always been a creative force to be reckoned with. But his talents extend far beyond the arts, often reflected in his vision and curiosity within the technological realm. Joined by UPSAHL and iann dior, the two-time Grammy winner recently debuted his latest single “Happy Endings” in the form of an NFT, which has become the talk of the town in recent months.

Ultraviolet – 3lau

Music artists are always looking for interesting ways to breathe new life into past works. Rather than a special edition or live version, however, musician and blockchain influencer 3lau re-released his 2018 album, Ultraviolet, as 33 NFTs. Over just three days, 3lau earned a staggering US$11.6 million from the release. Not only that, but he set a new record when just one of the NFTs sold for US$3.6 million.

FYZNFT – Post Malone

According to Coin Desk, Post Malone and his manager Dre London have joined forces with digital marketplace Fyooz to give fans the chance to play against Post in his Celebrity World Pong League. To participate, users must have FYZNFT tokens, which will reportedly be airdropped to users on Fyooz.

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Fyre Festival – Ja Rule

Ja Rule’s Fyre Festival was pretty chaotic and received quite a bit of criticism in 2017 for cutting corners and costs. According to Newsweek, the Queens, N.Y. rapper has since hopped on the NFT train to sell a 2017 painting of the Fyre Festival logo done by Tripp Derrick Barnes on the platform Flipkick.

IAMSOUND x Zora NFT Art Exhibition – Toro y Moi, Yaeji, Mura Masa, & More

This NFT launch/Art Exhibition is easily one of the coolest on our list today. For the uninitiated, IAMSOUND describes itself as “a hub of music, art, culture and marketing, a hybrid creative studio, record label, and visual artist management firm.” Over the years, they’ve worked with such influential acts as Florence and the Machine and Charli XCX. Given their values, it’s perhaps unsurprising that, like Mike Shinoda, IAMSOUND chose Zora as the platform for their NFT launch. Zora similarly distinguishes itself with a creator-first manifesto that aims to put the power and profits back in the hands of artists. Throughout a series of exhibitions and releases, artists like Toro Y Moi, 88 Rising, Mura Masa, and Yaeji have all contributed pieces.

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YACHTY – Lil Yachty

Last year, Lil Yachty sold his first-ever NFT on the marketplace Nifty Gateway. The “Yachty Coin” was a limited-edition token that included an animation of Lil Yachty’s face and the Bitcoin logo, courtesy of digital artist Glassface. The NFT token is a nod to $YACHTY, a cryptocurrency the rapper sold on Fyooz for US$15 each earlier in the year.

Masks – MF Doom

The late, great MF Doom was one of the most influential and respected rappers of his generation. After his sudden and tragic passing at the age of 49 in 2020, fans were understandably left shocked and reeling. Looking for a way to connect with this underground hip-hop icon, many were eager to get ahold of one of his Augmented Reality signed mask NFTs.

“NFT Yourself” – Kings of Leon

These Nashville rockers were not the first musical act to embrace NFTs. Clarian and Belave both deserve credit for getting there before Kings of Leon. That being said, Kings of Leon played a massive role in bringing NFTs to the attention of mainstream listeners by being the first band of their stature to go the NFT route. The group chose to sell their 2021 album, “When You See Yourself”, in the form of three different NFT packages, as part of a larger series entitled “NFT Yourself”.

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Stash Box NFTs – Snoop Dogg

On March 30, Snoop Dogg announced he was auctioning his first NFT collection via Crypto.com. The collection, titled “A Journey with the Dogg,” brings together Snoop Dogg’s memories of the early years of his iconic career. A total of eight pieces were put up for auction in limited quantities, including “Young Snoop,” “Snoop Dogge Coins,” and “Death Row.”

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Bankruptcy

German Crypto Exchange Nuri Files For Insolvency

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German Crypto Exchange Nuri Files For Insolvency

Cryptocurrency exchange Nuri has filed for insolvency, reportedly becoming Germany’s first fintech to take the step in a challenging year for startups in the industry. Customer access to the platform’s services and their funds will not be affected, the company assured.

Crypto Exchange Cites ‘Lasting Strain on Liquidity’ as Reason for Insolvency Filing

Berlin-based crypto exchange Nuri, formerly Bitwala, has filed for bankruptcy with a court in the German capital. The company made the move on Tuesday, Aug. 9, after unsuccessful attempts to secure a new financing round, the business newspaper Handelsblatt reported, noting that Nuri is the first German fintech to file for insolvency due to the latest crypto market slump.

In a statement, the exchange remarked that 2022 has been a challenging year for startups, especially those working with financial technologies, due to the effects of the Covid-19 pandemic, political uncertainties and most recently, Russia’s military invasion of Ukraine.

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In addition, negative developments in the crypto space, including major sell-offs, the implosion of the Terra/Luna protocol, and the insolvency of Celsius and other crypto funds have led to a bear market, Nuri said, explaining:

We proceeded with the filling in due time to stay ahead of a lasting strain on the liquidity of our business.

Nuri Clients to Deposit and Withdraw Without Restrictions

The coin trading platform insisted that the filing will not affect its products and services, clients’ funds or investments. Customers will continue to have unimpeded access to their accounts and be able to deposit or withdraw all funds at any time, thanks to a partnership with Solarisbank. This applies to both cryptocurrency holdings and euro deposits.

The crypto exchange also emphasized it remains confident that the temporary insolvency proceedings offer a basis for developing and implementing a long-term restructuring plan. Nuri launched in 2015 and for a few years, until the rebranding in 2021, operated under the name Bitwala.

“This step became necessary to ensure the safest path forward for all our customers,” the company reiterated, and promised its team will do everything possible to ensure that its products and services continue to serve present and future customers.

Tags in this story

Bankruptcy, Bitwala, Crypto, crypto exchange, crypto market, Cryptocurrencies, Cryptocurrency, downturn, Exchange, filing, german, Germany, Insolvency, market, Nuri, Slump, trading platform

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Do you expect other German crypto companies to file for insolvency? Let us know in the comments section below.

Lubomir Tassev

Lubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens’s quote: “Being a writer is what I am, rather than what I do.” Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration.

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Image Credits: Shutterstock, Pixabay, Wiki Commons, P365

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Cryptocurrency

How To Make Money From Ethereum Name Service?

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How To Make Money From Ethereum Name Service?

Learn how you can use ENS to become rich

We all love to reap the benefits of advanced technologies, but anyone hardly ever wants to deal with the technical complexities that come with them. To search for websites and URLs, just as DNS was created to make the numbered address easier for human access, similarly, ENS is a protocol that links machine-generated codes to human-friendly names.

A crypto wallet user still can’t send or receive digital assets by simply typing in another user’s name. This practice might change though thanks to the rise of Ethereum Name Service (ENS), a blockchain-powered service that recently registered its one millionth domain name. Currently, there are more than one million active ENS domains, and thousands of new domains are being registered through the platform daily. ENS domains that consist of four digits or fewer are the most popular, likely due to their rarity. Only 10,000 of these exist, and they sold out within six hours of their release. Some have recently sold on secondary for amounts up to 90 ETH (about $255,000).

The system has been going for a few years and was even funded by Ethereum itself. But while the Ethereum Name Service is based on the Ethereum blockchain, it doesn’t only use Ether. You can send and receive pretty much any kind of cryptocurrency with the system’s wallets, although the service’s annual fees are payable in Ether. The system’s own token, ENS, is only used for governance purposes at present. It is only recently, though, that ENS has been available on the open market, which makes an Ethereum Name Service price prediction tricky, because there is fewer data to go on, meaning less of a percentage time frame to transfer forward.

According to the ENS technical documentation, the naming system was developed to “map human-readable names like alice.eth to machine-readable identifiers such as Ethereum addresses, other cryptocurrency addresses, content hashes, and metadata”.

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Even though past performance is never any indication of future results, especially when there is relatively little to go on, if we are trying to estimate the coin’s future worth then the Ethereum Name Service price history is still worth looking at to see how ENS has responded to various market activities over the past few months. The Ethereum Name Service coin has been trading openly since the end of 2021. When it came out on 9 November that year it was worth $33.66 and, even though it fell to an intraday low of $22.92, it rebounded to close the day at $43.66.

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Degrain (DGRN) Continues To Thrive In Bear Market, Outshines Litecoin(LTC) And Polkadot(DOT)

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Degrain (DGRN) Continues To Thrive In Bear Market, Outshines Litecoin(LTC) And Polkadot(DOT)

In this article, we examine why the coin on the block, Degrain, has been thriving while Litecoin and Polkadot have been struggling.

The bear market has been quite rough this year, and many tokens have not been spared from the onslaught. Some have crashed like Luna, and others that remain afloat have fallen more than 50% from their previous all-time highs.

Among those tokens that have taken a hit are Litecoin (LTC) and Polkadot (DOT), two currencies that have had a good run since their launch. In this article, we examine why the newest coin on the block, Degrain (DGRN), has been thriving while Litecoin (LTC) and Polkadot (DOT) have been struggling.

Litecoin (LTC): Investors are still waiting for a proper signal

Litecoin (LTC) is currently down more than 85% from its all-time high of $412.96 a year ago, but investors have hopes that there will be a pump soon. Litecoin (LTC) was created to provide fast, secure, and low-cost payments.

In recent weeks, the volume of the Litecoin (LTC) token has increased, and it has also caused an increase in volatility. It has made those waiting on it extra bullish, but experts say Litecoin (LTC)  is too soon to tell whether it is rallying for a pump or quick fall and have urged traders to wait patiently for a proper indication.

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Polkadot (DOT): May be a good term long-term investment

Polkadot (DOT) is an open-source, sharded multichain protocol that connects and secures a network of specialized blockchains, enabling the cross-chain transfer of any data or assets, including tokens.

This important feature allows blockchains to be interoperable with each other, which is why many refer to Polkadot (DOT) as a decentralized internet of blockchains i.e. web3. Many experts believe Polkadot (DOT) can make a good long-term investment because of the knowledgeable team backing it.

They have predicted Polkadot (DOT) to rise to $14 this year and have claimed there could even be a further increase in 2023, but will the bear market allow this?

Degrain (DGRN) is the native currency for Degrain’s upcoming cross-chain NFT marketplace. It aims to work with real-world companies and distribute platform revenue to investors and token stakers – something that analysts have praised. It is currently in Phase Two of its presale and is certainly a worthy investment in our eyes.

Degrain (DGRN) has already passed its audit and with liquidity being locked for 10 years, it has ambitious plans to become a dominating protocol within the cryptocurrency industry.

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The token is currently trading for $0.085, however, we strongly believe that it could see a rise to $0.55 (~7,000%) by the end of 2022 or early 2023, once the presale ends.

Website: https://degrain.io

Presale: https://presale.degrain.io

Telegram: https://t.me/degrainio

Twitter: https://twitter.com/degrainio

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The post Degrain (DGRN) Continues To Thrive in Bear Market, Outshines Litecoin(LTC) and Polkadot(DOT) appeared first on .

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