It shouldn't come as a surprise that one of the key grifters behind the Fyre Festival fiasco is trying to get into.
The musician-turned-blockchain guy has launched a new project called Club Cards, an NFT trading cards game. A trip to a Ja Rule concert in New York City is one of the prizes that can be won by Collectors daring enough to buy into the venture.
The failure of a would-be music festival to get off the ground in the first place left hundreds of attendees in FEMA-like conditions, and 22-year-old college graduate Paul Hawron went on one of those trips in January.
I told one of my friends about the trip after I forgot he was an investor.
One of the most high profile and public cases of fraud in recent memory happened when the Fyre Festival was sold as a luxury music festival.
The rapper seems to have moved on from his troubled past. Ja Rule was really nice, and really genuine.
He is a realist when it comes to NFTs.
Most of the NFT stuff will eventually be worthless, according to Hawron.
Only a few hundred people have joined the Club Cards community because they have taken the name "Rascals" for some reason. It is not clear how much Ja Rule is involved in the project.
Others are still dealing with the aftermath of the festival. A court found him guilty of engaging in multiple fraudulent schemes and making false statements to a federal law enforcement agent and sentenced him to six years in federal prison.
Ja Rule is free despite facing more than a dozen lawsuits.
But that doesn't seem to have stopped him from embracing the NFT trend.
Fans of Ja Rule aren't worried about another festival.
Prominent NFT marketplace shuts down almost all sales for fraud.
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