Nigerian music producer, Michael Collins Ajereh, well known as Don Jazzy has revealed how he made a whopping sum of three hundred thousand dollars in ten minutes from NFT.
Speaking in a recent interview, the 39-year old revealed that he made up to $300,000 in ten minutes on a NFT after collaborating with a digital artist who created three artworks and had him add a backgroup sound to them.
Watch a video clip of his interview Here
The Mavin Records boss has recently been showcasing his other personalities aside from being an entertainment mogul, one of which has been an active trader in the crypto and forex world.
What are NFTs?
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.