Award-winning rapper Nas will release nonfungible tokens (NFTs) that will let his fans own a stake in two of his songs, Ultra Black and Rare.
Users who buy and hold the NFTs, dubbed limited digital assets (LDAs), will get the specified percentage of streaming royalty ownership depending on the token that they hold.
Ultra Black comes from Nas’ 2021 Grammy award-winning Album King’s Disease, while Rare is from the follow-up 2022 Grammy-nominated album, King’s Disease II. The former song will have a limited supply of 760 tokens, while the latter will have 1,110 tokens. Both will be released on Jan. 11, 2022, and buyers will be able to acquire the tokens on a first-come, first-served basis.
Without further ado.. we’re honored to announce Hip Hop legend, innovator and entrepreneur @Nas