The son of Wu-Tang Clan’s member called “Ol’ Dirty Bastard” (ODB) who passed away in 2004 is planning to launch an “artist cryptocurrency”.
Bar-Son James or Young Dirty will produce the “Dirty coin” in partnership with the estate of his father ODB, Link Media Partners, and an entertainment industry firm. Dirty Coin will be a token on the TAO blockchain network and later this year, once it is launched, it will be traded on the AltMarket exchange.
The coin will be used to finance an upcoming Young Dirty’s music album and for music fans to access shows and buy merchandise of the legend’s kid Bar-Son James.
In an Interview, Young Dirty mentioned,
“If fans basically bought a Dirty Coin before the concert, they have a better chance of getting in, probably for the price of nothing. So it’s a big opportunity for our fans.”
The rapper also said that it might encourage other artists to look out for the coin:
“When other artists get involved, I think there’s gonna be a chain reaction,”
It is planned for the coin to be released next summer and the Dirty Coin will be financed in an “initial artist offering,” mentioned Young Dirty.
The CEO of AltMarket, Bryce Weiner stated,
“Music thrives creatively and financially when it’s in the hands of the artist themselves. By removing the price tag of experimentation, we’re able to deliver for both the artist and their fans.”
When talking to Coindesk about what Bar-Son’s father would have thought about cryptocurrency and Bitcoin, he said: “He would’ve been like, ‘I knew this was coming.'”