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Universal Hip Hop Museum Auctions Off Hip Hop Heads NFT Series To Honor 47 Years Of The Culture

Hip-Hop is diving headfirst into the non-fungible token (NFT) space with its very own collection to honor 47 years of the culture. On June 19, the Universal Hip Hop Museum in the Bronx — in partnership with blockchain platform NEAR Protocol and celebrated illustrator André LeRoy Davis — debuted a special collection of NFTs in which Hip-Hop fans are now able to own a piece of the genre’s history, a press release states. The goal of the new collection is to both honor years of Hip-Hop’s rich music culture that has given artists a space to be creative and also champion ownership of their intellectual property through cutting-edge decentralized blockchain and NFT technologies. “NFTs bring a unique opportunity to honor Hip Hop icons as well as offer artists more control of their creations” Peter DePaulo — head of NEAR’s product lab, Satori — said in a statement. “Our goal is to offer a familiar, smooth onboarding and purchasing experience unlike what’s required at NFT marketplaces built...

Jun 21, 2021