Charles Sykes/Bravo/NBCU Photo Bank/NBCUniversal via Getty ImagesJa Rule is getting rid of any memory of the misbegotten Fyre Festival, which he co-founded.
According to Complex, the rapper-turned-entrepreneur auctioned off a portrait of the Fyre Media logo for $122,000 through the rapper’s Non Fungible Tokens venture, KickFlip. It offers established and up-and-coming artists, and holders of valuable art, the opportunity to monetize their work by using NFTs.
The 48-inch-by-60-inch oil-paint portrait was created by Tripp Derrick Barnes, and relocated to Ja’s New Jersey mansion when Fyre Media’s New York headquarters closed. It followed a series of events that resulted in co-founder and promoter Billy McFarland receiving a six-year prison sentence for defrauding festival goers of $26 million.
Hundreds paid
