Music executive Damon “Dame” Dash has a pretty big problem on his head with the label he co-founded with JAY-Z. New reports claim Roc-A-Fella Records has sued the hip-hop mogul in an effort to stop the sale of an NFT connected to an iconic Young Hov project.
Roc-A-Fella Has 99 Problems W/ Dame
According to reports, Dash is doing the most by trying to secure a sale courtesy of a non-fungible token (NFT) of JAY’s 1996 Reasonable Doubt debut album. The Roc believes Dame doesn’t have the right to mint the LP because it owns it.
According to the docs — filed by powerhouse attorney Alex Spiro — Damon planned to sell the album as an NFT at a since-canceled auction, but the company is worried DD will just try to find another platform to hold the auction. In the suit, RAF claims Damon is “frantically scouting for another venue to make the sale” and believes DD is still looking to cash in ASAP on the recent NFT craze. RAF’s asking a court to step in and stop Damon from going through with the auction and it wants Dash to turn over any NFTs of “Reasonable Doubt” he may have already minted. (TMZ)
Tory Lanez’s Next Album Is 100% NFT-Friendly
Rap crooner Tory Lanez is super serious about how he’s putting his music out right now. The hip-hop heavyweight recently announced plans to release a non-fungible token (NFT)-type new project following retail-friendly Playboy and Loner studio capsules.
“OMGSH !!!!! 🍾🍾🍾🍾🍾🍾🍾🍾 ITS OVER 🔥🔥🔥🔥🔥 READ THIS ARTICLE !!!”
According to a press release Lanez plugged, the new power move will have his album land exclusively on a non-traditional platform.
Vinco Ventures, Inc. (NASDAQ: BBIG) a leader in selective acquisitions who leverage new market opportunities by utilizing the B.I.G. Strategy: Buy. Innovate. Grow. today announced that its subsidiary, Emmersive Entertainment, is set to release an exclusive NFT from superstar rapper, singer, songwriter and record producer Tory Lanez. Tory, who is known for his out of the box creativity, is working in conjunction with Emmersive Entertainment on a creative campaign that is poised to make history with his new album of original songs and accompanying artwork. Being a pioneer in the NFT space, Tory has developed his career as a creative disruptor. Tory’s NFT album will be available exclusively on the upcoming Emmersive Entertainment platform.
Eminem Banks Millions From NFT Drop
Rap mogul Eminem recently partnered with Nifty Gateway to release a series of NFTs, and in one week it was made clear he’s still one of the most popular names in entertainment. The Eminem collection brought in about $1.8 million in sales, surpassing artists like The Weeknd and pop singer Grimes, who recently dropped their NFT collections.
“#SHADYCON Open Editions on @NiftyGateway“
Doja Cat Cracks Into The NFT Space
Grammy-nominated artist Doja Cat is taking the NFT wave in stride with her latest collection release. The R&B singer launched her custom-curated NFT marketplace, Juicy Drops, along with her debut NFT collection on April 23.
Doja Cat is taking on the red-hot market for non-fungible tokens with the launch of her own curated NFT marketplace, Juicy Drops, and the debut of her first NFT collection this Friday. (Billboard)