Crypto Rules Everything Around Me
In 2018, it looks like everyone wants in on the cryptocurrency craze. It also looks like the estate of late rapper Ol’ Dirty Bastard has taken note of that demand, because they’re launching their very own cryptocurrency, calling Dirty Coin. Marketing and business development firm Link Media is partnering with the late Wu-Tang member’s estate to release Dirty Coin in the summer of 2018, which will be available to trade on the AltMarket via TAO Market and use the exchange symbol ODB.
Fans will be able to use Dirty Coin to purchase exclusive merchandise and gain access to shows and tours from ODB’s estate, and from his son, Young Dirty Bastard.
Ol’ Dirty Coin
Upon its launch, the profits of Dirty Coin will go towards funding future music-related projects backed by ODB’s estate, the foremost of which being the debut album of Young Dirty Bastard. In a statement , Young Dirty Bastard expresses his support of the new business venture:
“Bitcoin is the future of money and all the fans want a part of the future of Ol’ Dirty Bastard. In the past, Dad’s music was ahead of its time, so it makes sense that he would be ahead of the technology of money now.
Lil Uzi Dripcoin
YDB isn’t the only rapper trying to capitalize off the trend in cryptocurrency. Lil Uzi Vert has begun to promote his own Bitcoin spinoff called Dripcoin. Lil Uzi started to promote Dripcoin in late February through Twitter, but little is known about this particular brand of cryptocurrency. Some of the only information that does exist about it can be found on the Dripcoin website, where a brief description of the currency is included:
“Dripcoin, DRP, is our project to try and harmonize musicians and producers. We’re striving to create revenue for producers previously providing free beats to artists. As well as providing those artists the currency to pay the producers. Eventually we plan to expand into artist merchandise and products. Dripcoin is simple, it is only whole coins. The team here at Dripcoin is after one thing, and that is creating a community and an economy around talent and creation. We want to be able to feature as many artists as possible across our Twitter and Instagram.”
It’s The Wave
Just by looking at the description of Dripcoin, it seems like it has a lot in common with ODB’s Dirty Coin. Each cryptocurrency has a particular focus on carving out a niche in the music industry, an industry which Bitcoin has already started to pervade. Wu-Tang’s Ghostface Killah has already started backing his own cryptocurrency, and many artists like G-Eazy and Mariah Carrey have started to accept the open-source cryptocurrency Monero for merchandise and tickets through Project Coral Reef.
At one point, there was even a rumor circulating that 50 Cent accepted Bitcoin for 2014 album Animal Ambition, earning him a cozy $8 million after the initial $400k worth of Bitcoin from album sales appreciated in value over the years. The rumor would later be contested by 50 himself, as his bankruptcy documents claimed he had never owned any Bitcoin. In reality, it wouldn’t be surprising if either side was true: he could be hiding his crypto wealth from the law, or he could have been riding the wave of publicity that the rumors afforded him at the time.
Bitcoin and other cryptocurrencies don’t look like they’re going anywhere soon, especially in hip-hop. Got any thoughts on Dripcoin or Dirty Coin? Post them in the comments below, and be sure to SHARE this article!