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Remember when rapper Mike Jones had everyone singing, “Back then they didn’t want me. Now I’m hot; they all on me?” If there were a reverse meaning to this lyric in object form, it would be the popularity of NFT collections. Several months ago, non-fungible tokens (NFT) were all the rave. Almost every week, there was an announcement about a different influencer or organization turning their product or experience into an NFT. And while some financial experts predicted the depreciation of some NFTs, many didn’t think they would plummet in value as quickly as they did.
Gunna recently went on the nationally syndicated The Breakfast Club to talk about his investiture in a Bored Ape NFT. And during the conversation, he teased that he may be creating his own non-fungible token (NFT) line in the near future. As AfroTech previously reported, Gunna is the latest rapper getting into the business of NFTs (non-fungible tokens). In December 2021, after reuniting with Crowe to do a $100,000 giveaway, it was revealed that the rapper purchased a Bored Ape NFT. The NFT, which is named “Butta,” is worth about $300,000. The Atlanta rapper also celebrated his newest collectible by getting a tattoo of the NFT and hosting a performance. And according to his statements to The Breakfast Club, he knew he had to do it in order to make a wise investment into his future. “Something just telling me like, man, just dip into this world,” he told the hosts of the New York-based radio show. “Just get into this metaverse world. You know, the future is coming. I’ve been kind of...