The famous rapper Rico Nasty has also joined the growing list of celebrities who have been associating themselves with the booming NFT industry to take advantage of the trend. Nasty has just announced that she will release the animated version of her newly launched video “OHFR?” She revealed this in her chat with crypto reporters.
NFT, a digital collection of works, has now become the meeting point between crypto and art since late last year. Rico, famous for her captivating and aggressive talks, says she will put for sale looped and animated music video using NFT, linking it to her single, “OHFR?” produced by Dan Allen, an experienced animator, and digital artist. The music video will be auctioned on an NFT marketplace, and the buyer will get a hard copy of the prop hammer.
Nasty to sell her loop and animated video as NFT
During her interview with reporters, the rapper expressed her excitement about the NFT world. She described the NFT as a lucrative financial investment where you can buy a certain product and retain the ownership throughout your lifetime. She sees the NFT as the contemporary art stock market where you can earn continuously from a single investment.
The NFT marketplace is becoming increasingly popular, larger, and more lucrative, although it is unclear if the booming industry will maintain its growth soon. It is worth mentioning that the crypto collection is not a new invention; it has existed for a long time. But since late last year, some crypto artworks have been selling for thousands and millions of dolllars.
For example, Beeple, the famous digital artist that has become the talk of the town, earned a whopping $69 million from the sale of his 5,000 artworks in a single collection. Likewise, celebrities, including Grimes, King of Leon, also sold their albums on the NFT marketplace. However, the NFT space has recorded some drawbacks. For example, Jacob Cother, the songwriter, refused to join the NFT space mainly because of the drawbacks.
The Crypto space has its good side and bad side, says Rico
When Rico was asked about her position on the side effects of NFT on the environment, she responded that she had never witnessed or heard of any negative impact of the NFT. Following Monday, Rico will join Don Allen to discuss NFT at Club House. Earlier in March, King of Leone, the Tennessee- based rock band, sold their album as an NFT. Allen said that NFT Is just like any other tech, which has both its good and bad sides. He, however, expressed optimism that more developers would emerge in both the NFT space and the crypto world in general. This, he said, will enhance the growth and innovation across the crypto space.
Rico, however, asserts that there is always a price to pay for success in any endeavor. This response was to the questions she was asked about the challenges inherent in the crypto and NFT worlds. She compared the crypto boom to the advent of gas-powered and electric-powered vehicles. She concluded that there will always be critics of the crypto revolution. To Rico, the positive side of the NFT, and of course, the crypto evolution, far outweighs the opposing sides.