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Lil Durk’s Entry Into the Tech Space Through the World of Phygital Fashion: NXTG3NZ

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Lil Durk, the Platinum recording artist, has recently made a major move into the tech space through the world of fashion with his co-founded phygital sneaker collection, NXTG3NZ. The collection, which stands for Next Generation Z with the 3 representing Web3, is a unique project bringing together the worlds of physical and digital experiences.

With a passion for fashion and sneakers, Lil Durk has been seen with Amiri on the runway and has now taken his love for fashion to a new level with NXTG3NZ. The team behind the collection consists of elite creatives and music and sports executives. They are working hard to ensure that the sneakers are not only fashionable but of the highest quality.

The only way to receive the physical sneaker is to purchase the NFT, making it an exclusive experience for sneaker collectors and fans alike, as well as a leading project in the Phygital space.

Lil Durk’s move into the tech space through NXTG3NZ shows that he is stepping into his entrepreneurial self and has major interests from venture funds and major brands already.

The project is gaining momentum and attention globally from sneaker enthusiasts.

Adam Weitsman, a prominent billionaire figure in the recycling industry and mentor to Lil Durk was gifted the first pair of physical sneakers.

Jessica T. Chin, CMO at Algorand Foundation, former WhatsApp and Nike marketing leader, “NXTG3NZ is built on Algorand to bring real value for Lil Durk’s fans. As the pioneers of scaling blockchain infrastructure, we are thrilled to partner with Lil Durk as a platform for change and creativity. Algorand continues to enable real world utility connecting both physical and digital worlds.”

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Snoop Dogg Buys Ownership Stake In Ice Cube’s BIG3 Basketball League

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Snoop Dogg Rutgers University

Snoop Dogg continues to update his business portfolio. The west coast icon, along with PayPal co-founder Ken Howery, spent over $600,000 to purchase an ownership stake in Ice Cube’s BIG3 league. The pair now have a 40-percent ownership stake in the Bivouac team in the league.

READ MORE: [WATCH] Ice Cube on The BIG3 “Ownership Is Important”

“We are absolutely thrilled to have Snoop, Ken, and their communities on board with the BIG3,” said BIG3 co-founder, Ice Cube. “Having someone with Ken’s knowledge and experience wanting to be a part of our league demonstrates that we are moving in the right direction. Snoop is an undisputed legend who has jumped headfirst into the Web3 space and clearly understands the importance and the value of what we are trying to create. Together, I know they will take Bivouac to new heights and we can’t wait to get started.”

Snoop and Howery purchased 25 Fire-Tier editions of Bivouac priced at $25,000 each. Meaning, the team’s stock was divided into blockchains for sale.

“The BIG3 is on the leading edge of enabling blockchain technology as utility,” said PayPal co-founder Ken Howery. “The league’s embrace of NFTs as ownership rights is both visionary and practical; key features of every smart investment.”

Howery and Snoop have some work to put in on The BIG3 as the Bivouac squad went winless last season due to injuries.

BIG3 is the official creator of the new global sport, FIREBALL3, the league is returning for its fifth season on June 18 with coverage live across CBS and Paramount+.

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Snoop Dogg Purchases Ownership Stake In Ice Cube’s BIG3 League

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snoop dogg big3 ice cube

Snoop Dogg continues to update his business portfolio. The west coast icon, along with PayPal co-founder Ken Howery, spent over $600,000 to purchase an ownership stake in Ice Cube’s BIG3 league. The pair now have a 40-percent ownership stake in the Bivouac team in the league.

READ MORE: [WATCH] Ice Cube on The BIG3 “Ownership Is Important”

“We are absolutely thrilled to have Snoop, Ken, and their communities on board with the BIG3,” said BIG3 co-founder, Ice Cube. “Having someone with Ken’s knowledge and experience wanting to be a part of our league demonstrates that we are moving in the right direction. Snoop is an undisputed legend who has jumped headfirst into the Web3 space and clearly understands the importance and the value of what we are trying to create. Together, I know they will take Bivouac to new heights and we can’t wait to get started.”

Snoop and Howery purchased 25 Fire-Tier editions of Bivouac priced at $25,000 each. Meaning, the team’s stock was divided into blockchains for sale.

“The BIG3 is on the leading edge of enabling blockchain technology as utility,” said PayPal co-founder Ken Howery. “The league’s embrace of NFTs as ownership rights is both visionary and practical; key features of every smart investment.”

Howery and Snoop have some work to put in on The BIG3 as the Bivouac squad went winless last season due to injuries.

BIG3 is the official creator of the new global sport, FIREBALL3, the league is returning for its fifth season on June 18 with coverage live across CBS and Paramount+.

Share your thoughts with us on social media.

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Snoop Dogg Announces Death Row Will Be the First Major Label in the Metaverse

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Snoop Dogg Grandson Kai Love Dies

Just ahead of his legendary Super Bowl Halftime Show, it was announced that Snoop Dogg had bought Death Row Records for an undisclosed amount. Snoop said that he wanted to revive the label in a press release, and yesterday, Snoop announced that he wants Death Row to be the first major label in the Metaverse.

Snoop announced in a Clubhouse room where he surprised fans with the news. “Death Row will be an NFT label,” Snoop said. “We will be putting out artists through the Metaverse. Just like we broke the industry when we was the first independent [label] to be major, I want to be the first major [label] in the Metaverse.”

Snoop seems heavily invested in NFT’s and the Metaverse. Last year, it was announced that Snoop had plans to create his Metaverse, and last week, it was also announced that Snoop had partnered with blockchain gaming company Gala Games to release his new album B.O.D.R (Bacc On Death Row). The company dropped a blockchain as s stash box of NFT’s in the Gala Music Store.

The Gala Music Version of the album featured one of the album’s songs as an NFT and three bonus tracks. The Gala Music Version was priced at $5,000.

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Nas is Selling His Music Streaming Rights to Two Songs in New NFT Deal

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Nas is expanding his reach in the cryptocurrency world with a new NFT deal.

This week, Royal announced that they are teaming with the Queens icon to sell extended versions of NFTs called limited digital assets.

“Having Nas be the first artist to sell royalty rights through Royal is an incredible affirmation of our mission,” Royal CEO, Justin “3LAU” Blau detailed.

“It’s proof that artists across genres feel strongly about democratizing ownership of their music, and that they want to be connected to their listeners on a deeper level.”

According to reports, the NFT will give fans the chance to obtain streaming royalty rights to Nas’s King’s Disease and King’s Disease II tracks, “Ultra Black” and “Rare.”

Nas shared a comment via Complex on the partnership.

“I am always looking for new and unique ways to connect with the people. So I am excited to partner with Royal on their new endeavor in order for the world to connect with my music in a new way.”

In total, the Hip Hop legend will be giving up 50-percent of his streaming rights for each of those songs.

This news follows, the announcement of Nas and Hit-Boy working on King’s Disease 3.

Royal is expected to drop the Nas NFT on their official website on January 11th.

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A Tribe Called Quest Denies Partnership with Royalty Exchange

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Royalty Exchange A Tribe Called Quest

Legendary hip-hop group A Tribe Called Quest calls reports of them partnering with Royalty Exchange for an NFT auction false.

The New York rap group says they never partnered with Royalty Exchange to auction off their first five albums as NFTs. 

The group’s co-founder, Ali Shaheed Muhammad called the reports “not Frigging True,” in a long statement on Facebook.

On June 29, 2021 Billboard wrote an article that stated ‘Royalty Exchange has partnered with A Tribe Called Quest to auction off 1.5% share of the sound recording royalties from the hip-hop group’s first five studio albums.’ At the time, Billboard knew those words were not true but worded the story in a way to gain clicks. They have now changed the article. Other ‘journalistic’ publications took the original newsfeed and ran with the misleading headline.

Ali then highlighted, “No member of A Tribe Called Quest has entered into any partnership with Royalty Exchange. PERIOD!”

The partnership was said to include 1990’s People’s Instinctive Travels and the Paths of Rhythm, 1991’s The Low End Theory, 1993’s Midnight Marauders, 1996’s Beats, Rhymes and Life, and 1998’s The Love Movement.

Muhammad says that PPX Enterprises, which owned as small percentage of their royalities, sold their share to a group that partnered with Royalities Exchange. “Had we known this percentage of our art was out there we would have bought it directly from PPX Enterprises as it should have never been sold by Jive Records,” he added.

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Jay-Z Wins Round One in Fight Vs. Dame Dash Over Reasonable Doubt Right

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Dame Dash Responds to JAY-Z's Lawsuit Over 'Reasonable Doubt' NFT

It’s not over, but as of now, Jay-Z is winning his case of preventing Dame Dash to profit from his music. Tuesday morning, a New York federal judge sided with Roc-A-Fella Records label owner Jay-Z after convincing them that his first album, Reasonable Doubt, should not be sold as an NFT by Dame Dash. NFTs, or non-fungible tokens, are valuable digital assets that cannot be replicated or traded. 

On June 18, the label sued its co-founder Dame Dash for allegedly attempting to sell virtual ownership of the “Reasonable Doubt” copyrights. Dash denied allegations, but according to the complaint, the investor platform SuperFarm made an announcement that read, “SuperFarm is proud to announce, in collaboration with Damon Dash, the auction of Damon‘s ownership of the copyright to Jay-Z’s first album Reasonable Doubt. This marks a new milestone in the history of NFT’s, entitling the new owner to future revenue generated by the unique asset.”

The complaint also stated the date to auction off the album as an NFT had been set for June 23-25, but SuperFarm called it off after the Roc-A-Fella label sent them a warning letter expressing their concerns about Dash’s pursuit of a sale. Even though Dash’s defense says he only attempted to sell his Roc-A-Fella stake, not the rights to Reasonable Doubt, the court still issued a temporary restraining order. 

On the hearing held on Tuesday morning, U.S. District Court Judge John Cronan agreed with Roc-A-Fella, stating that the label owns the copyright to the album. 

This court hearing only blocked the sale, not the case. The lawsuit will go on as Cronan scheduled the following hearing for next Thursday.

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