The Nigerian legendary music producer, Don Jazzy, has revealed that he made an astounding $300,000 in ten minutes from NFT.
Nigerian Prolific Record Producer, Music Executive Brand Ambassador, singer, entrepreneur, and Influencer Michael Collins Ajereh, popularly known as Don Jazzy has disclosed how he made a whopping sum of $300,000 in ten minutes.
Apart from being an entertainment mogul, the Mavin Records boss has recently been showing his various personalities, one of which has been an active trader in the bitcoin and FX markets.
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In a recent interview, the 39-year-old said that he made up to $300,000 on an NFT in 10 minutes after working with a digital artist who generated three artworks and had him add a background sound to them.
According to Wikipedia, NFTs, or non-fungible tokens, are digital tokens stored on the blockchain.
Unlike cryptocurrencies, where each coin is the same (there’s no reason to prefer one particular Bitcoin over another), each NFT is unique and can be sold as a way to prove ownership over some sort of digital file.
Don Jazzy disclose how he has been in the music industry for the past 20year. He also reveals that the Nigerian economy needs to help the music industry for more enlargement.