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Rapper Soulja Boy expresses further interest in cryptocurrencies

Rapper Soulja Boy expresses further interest in cryptocurrencies

DeAndre Cortez Way, famously known by his stage name as Soulja Boy Tell’ Em (or just Soulja Boy), has started a Twitter conversation with famous crypto individuals and revealed that he is exploring to launch his digital asset. Interestingly, the rapper produced a song devoted to Bitcoin in 2018 in which he boasted about “stacking” and making “100 racks” in Bitcoin. Soulja Boy, the Chicago-born songwriter, rapper, record producer, and actor, asked the crypto community on Twitter the most reliable way to buy digital assets in the US. He has 5.2 million followers on Twitter. Moreover, his question immediately amassed the attention of the industry’s most significant individuals and companies.

Leading names like Changpeng Zhao and Tyler Winklevoss, adjacent company accounts of OKCoin, Blockchain.com, and eToro, were quick to attract the rapper by promoting their “best-in-class” products.

Soulja Boy to develop his own NFT?

However, while the rapper assured to explore all platforms, he went further towards developing his crypto. More recommendations are accompanied. It involves the CEO of MyCrypto, Jordan Spence, who wrote that Soulja Boy should view into creating his novel non-fungible token (NFT). Moreover, Soulja Boy appeared to like that idea. Moreover, he elucidates that the concept looks promising. He further asked if anyone would assist him in this as he is interested in releasing something in NFT. 

Soulja Boy could accompany other colleagues’ footprints, including Lil Yachty, if he continues releasing his crypto. The Twitter conversation with the crypto representatives was not the rapper’s first industry-related action. He’s possibly famous in the community for his 2018 single named after the primary cryptocurrency – Bitcoin. One should note that Soulja Boy was not a so-called Bitcoiner. He stated that he had expanded his portfolio by combining Litecoins, Bitcoins.

Moreover, Soulja Boy is a member of a developing group of rappers, celebrities, and boxers. He is looking to introduce their brand and fame to the community of crypto. The group comprises Akon, who started his ambitious “Akoin” project in 2019. Thus, claiming to generate a decentralized, smart contract-enabled economy for Senegal, his hometown. 

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Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.