Ja Rule's Fyre Festival NFT Painting Sells for $122K

The 48- x 60-inch oil-paint portrait is features the Fyre Festival orange logo and was done by an artist named Tripp Derrick Barnes.
Ja Rule has sold a Fyre Festival painting he commissioned for $2,000 for his New Jersey house to an anonymous buyer for $122,000, TMZ reported.
The 48- x 60-inch oil-paint portrait features the Fyre Festival orange logo and was done by an artist named Tripp Derrick Barnes. The piece itself was previously hung in Fyre Media’s office, but was relocated to Ja Rule’s home following the catastrophic events that transpired as a result of the fraudulent events of Fyre Festival.
Instead of seeking his asking price of $600,000, Ja Rule ended up taking $122,000 as a non-fungible token (NFT) to rid himself of the Bahamas festival’s stench so that “fresh energy could grow.”
“When I first had it made — I was energized — I had embarked on a new business — but then it became a symbol of what could have been,” Ja Rule said in a statement. “For me, it’s done and over with.”
It was sold through the rapper’s newest NFT venture KickFlip. KickFlip is amongst one of the latest NFT marketplaces that provide both up-and-coming and established artists opportunities to monetize their work as NFTs.
The winning bidder will also receive a succinct note from Ja Rule: “F*** this painting.” The owner will also be able to request an autograph from the multi-platinum rapper.
RELATED STORIES
Trending on Inside Edition
Bernie Madoff, Fraudster Convicted of Largest-Ever Ponzi Scheme, Dies in Prison at 82
NewsThe Killing of Daunte Wright: Officer Kim Potter Will Be Charged in Fatal Shooting of Minneapolis 20-Year-Old
NewsUndercover Black Cop Beaten 'Like Rodney King' Shines Light on St. Louis Police Force Long Accused of Racism
NewsSteven Avery's Attorney Says New Witness Saw His Nephew "Suspiciously Pushing" Car of Teresa Halbach
Crime‘Bachelor’ Colton Underwood Comes Out as Gay in ‘Good Morning America’ Interview
EntertainmentLizzie Borden House’s New Owner Says He Heard Footsteps in Famous Haunted Home
OffbeatMom Arrested After Police Chase for Stabbing 3 Kids to Death Following Alleged Custody Dispute, Officials Say
CrimeTikTok Helps Find Owners of Long Lost GoPro That Captured Couple's Sweet Vacation Memories
Inspirational