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The latest celebrity to suddenly realize the immense artistic significance of tokenized art (or cash in on depending on your perspective) is rapper and Fyre Festival co-founder Ja Rule â who is auctioning off a 48-inch-by-60-inch, oil-painting of the Fyre Fest s corporate logo with accompanying NFT. The auction, which has a reserve price of $600,000 kicks off today on Flipkick.
Ja Rule with artist @Tripp Art (Pic: Ja Rule)
The Fyre Festival was a much-hyped 2017 luxury festival in the Bahamas featuring $100,000 ticket packages that turned into a legendary disaster. Co-founder Billy McFarland landed in prison for six years over a $28 million fraud, but Ja Rule was cleared of any wrongdoing. He clearly still harbors ill feelings though. Fuck this painting he writes in his notes about the NFT and painting.
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