Nas Calls Himself “Cryptocurrency Scarface” After Coinbase Funding Pays Off



Briefly

  • Nas invested in Coinbase via his firm QueensBridge Enterprise Companions.
  • Since then, Coinbase has been listed on the NASDAQ.
  • Followers are divided concerning the reference in his new track.

NYC rapper Nasir Jones, recognized to the world as Nas, creator of the seminal Stillmatic album, has divided crypto heads and hip hop followers alike along with his new Jay-Z/ DJ Khaled collaboration, ‘Sorry Not Sorry’.

Produced by Khaled, lyrical legends Jay-Z and Nas commerce bars over a pattern of Bobby Glenn’s ‘Sounds Like a Love Music’. It’s every thing you’d anticipate from the duo, who’ve traded in struggle tales about their younger maturity in Brooklyn, for not-so-humble brags about their… funding portfolios. 

Winner in life, fuck a coin toss / I’m coinbased, cryptocurrency Scarface,” raps Nas, possible referring to his $40 million stake in cryptocurrency exchange Coinbase, which he introduced in the midst of final month, following Coinbase’s public itemizing on the Nasdaq.

Nas invested between $100,000 and $500,000 {dollars} via his firm QueensBridge Enterprise Companions throughout an funding spherical in 2013, reported Forbes.

Since then, Bitcoin has overgone two pivotal bull runs and shares in Coinbase have exploded in worth. Coinbase now has a market cap of $60 billion and every share trades for $297.

The market worth of the rapper has thus additionally shot up. Nas promptly took to Twitter throughout the alternate’s direct itemizing on April 14 2020 to tweet: “Lengthy crypto without end…. in illness & in well being”.

Followers are cringing

The monitor itself is a normal and forgettable hip hop ballad. Since Jay-Z additionally mentions his investment portfolio, some followers see it as a misguided try from each rappers to seize 2021’s zeitgeist whereas flexing their private wealth. 

One fan tweeted that Nas’s offending line “instantly enters the Nas tech speak lexicon proper alongside “Google Earth Nas, I received flats in different continents”.

One other jibed that he “nearly broke [his] “thumb turnin it off”:

Others, nevertheless, are actually feeling it: 

One listener has achieved the maths and agrees that Nas has each proper to get pleasure from his new title as crypto’s Scarface: “> 50% revenue. Even when sleeping.”

Nas: The world is yours.





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