Jay-z suing Dame Dash for attempting to sell Reasonable Doubt copyright as NFT

[Mike the Executioner]

Look at Dame making money off of old substance and exploiting a young black teenager in the process.

 

[Ineedmoney504]

Look at Dame making money off of old substance and exploiting a young black teenager in the process.

 

[Wargames]

Dame likes conflict.

He been through it enough to know this would lead to a lawsuit, but he doesn’t care. He’s for that shyt

 

[The Intergalactic Koala]

Politics as Usual

 

[Robbie3000]

Looks like RZA was way ahead of his time with NFTs.

 

[I'm Blackman]

Get him jay.

 

[I'm Blackman]

Jay ain't playing about his money. First the photographer now this.

"fukk you pay me"

 

[Mike809]

These NFTs are today's version of beanie babies.

 

[Toe Jay Simpson]

My big takeaway from this was that Dame was back with Kanye

 

[kwazzy100]

Dame owns the Reasonable Doubt master copy tho, fukk a record label Jay gone loose this one, if he doesn't it's only because Dame cant afford the right lawyers Oh and Rockerfella is a defunct label they sold it to Def Jam and dont have any ownership. Def Jam doesn't even use the imprint.

I was curious why Jay and Kanye don't release anything under Roc-a-Fella anymore

 

[kwazzy100]

Non Fungible Tokens

So basically let's say I'm a artist / painter and I drew a picture of a sunset and wanted to sell it. I'd go to an auction house and people would bid and I'd get paid off the sale. Cool.

NFT's is the exact same thing but just with digital stuff online.

So let's say I made a funny cat gif and for some reason people were willing to pay money to "own" this SnowflakesByTheOZ cat gif I can sell it as an NFT.

Now because it's a gif and it's on the internet anyone can just copy it or save image it and it would be pretty much like owning it.. which makes sense.

But NFT's have this thing call a digital signature which is embedded in it by the original creator.

So anyone can save and duplicate the cat gif but there's only one original one that I made.

So whoever buys it will have the original funny cat gif.

And the thing with NFT's is that with every sale of it the original creator gets a share of the sale

So let's say the person that I sold the gif too wants to sell it to someone else... I would get a cut of that. And then if that person sells it so someone else , I get a cut from that etc etc.

So it's just basically capitalizing your copyright.

 

[Kerkum]

I rock fellas

 

[Ziggiy]

I was curious why Jay and Kanye don't release anything under Roc-a-Fella anymore

I BELIEVE that Kanye’s contractual obligation with Roc-A-Fella ended with 808’s And Heartbreak and after that he was signed directly to Def Jam.


Jay washed his hands of Roc-A-Fella when he took the President position at Def Jam and later on when he did the deal with Live Nation he started RocNation.

 

[MajesticLion]

will

not

learn

 

[Master Teacher]

It is, being the best album of one of the biggest artist in history makes it that

are you fukking retarded