ethereum Archives - New Hip Hop News

Rich The Kid is an artist who is going through a bit of a renaissance right now. Overall, this is mostly due to his inclusion on the Kanye West track “Carnival.” It has subsequently led to renewed interest in his music. In fact, RTK came through with a couple of new songs last Friday, which certainly helped get fans reinvested in the Rich The Kid ethos. An album should be coming soon, and fans are definitely excited. Although as it turns out, he also has some unique new projects on the horizon.

We know this because earlier today, Rich took to his Twitter account to speak on a recent situation that happened on his Twitter account. As he notes, someone hacked him and promoted a cryptocurrency scheme. The scammer drained the funs and scammed fans out of a whole bunch of money. However, to make up for this, Rich The Kid claims that he has a token that will be coming out soon. In fact, he claims that the token will “go the moon,” which is crypto slang for make a lot of money.

Rich The Kid Coin

There is no timetable for the crypto’s release. Moreover, it is unknown what the logo will be or what the ticker symbol will be. 2024 has seen a crypto renaissance of sorts, which makes sense given the halving took place a few months ago. With that being said, you can expect more artists to get into the crypto game over the coming months.

Let us know what you think of this move from Rich The Kid, in the comments section down below. Do you believe that it makes sense for artists to turn themselves into cryptocurrency? Do you see any sort of use case for something like this? Additionally, stay tuned to HNHH for the latest news and updates from around the music world. We will continue to keep you informed on all of your favorite artists and other upcoming projects.

The post Rich The Kid Reveals He Is Starting A New Cryptocurrency appeared first on HotNewHipHop.

a boogie wit da hoodie cryptocurrency — Getty Image

A Boogie Wit Da Hoodie has always been somewhat of a maverick in the hip-hop game. When his album Hoodie SZN reached No. 1 on the Billboard 200 while setting a record low for physical sales, he smartly spun the news with a progressive outlook that appears prescient in hindsight. Meanwhile, in an interview with Uproxx that year, A Boogie shared a number of surprising observations pointing to his willingness to defy expectations as a rapper and a businessman.

His latest future-thinking move will likewise undoubtedly raise some eyebrows, but if it pans out, he could look like a genius in a few years’ time. Hopping aboard the burgeoning blockchain movement, he declared he was hitching his wagon completely to cryptocurrency. “Only accepting Ethereum for shows now for those who been trying to book me,” he tweeted, informing anyone looking to put him on an event bill to invest in an online wallet. Technically, Ethereum is the name of the blockchain, while Ether (ETH) is the designation for its currency, but the point stands.

But while A Boogie is possibly the first rapper to limit his income in this particular way, he’s far from the first to invest in blockchain. That NFT craze you’ve been reading so much about is actually based on the technology, with everyone from Eminem to Steve Aoki joining the train (although Kanye remains skepticaldrawbacks to go with the benefits, but if A Boogie can navigate the potential pitfalls, his decision could prove lucrative in the long run.