Are you jumping on the NFT wave?
As reported on sources, the legendary rapper is selling the royalty rights to two songs as NFTs. Billboard reports this is the first-ever sale for 3LAU’s new startup Royal. Nas will sell 50% of the streaming royalties for “Ultra Black” and “Rare.”
Hip Hop N’ More points out it’ll be released as “tokens with embedded streaming royalty rights” on January 11th. Royal is a startup founded by 3LAU. It reportedly launched last year with one of 3LAU’s tracks. Royal CEO and co-founder Justin Blau (3LAU) spoke on Nas and said,
“Having Nas be the first artist to sell royalty rights through Royal is an incredible affirmation of our mission.”
In a statement, Nas said, “I am always looking for new and unique ways to connect with my fans, so I am excited to partner with Royal on their new endeavor in order for my fans to connect with my music in a new way.”
Without further ado.. we're honored to announce Hip Hop legend, innovator and entrepreneur @Nas will be the first artist to drop his music on royal on January 11th! https://t.co/TkyWvOJOvY pic.twitter.com/hQGGXVuPhz
— royal (@join_royal) January 6, 2022