Singer Namewee Made $ 1.1 Million In Virtual Currency Selling Songs In Form Of NFT, Entertainment News & Top Stories

TAIPEI – Malaysian singer Namewee, who sparked controversy with his satirical song Fragile, became a millionaire overnight through the sale of non-fungible tokens (NFTs).

Last month, his duet with Australian singer Kimberley Chen went viral due to his sharp references to Chinese leader Xi Jinping and sensitive topics such as censorship, Covid-19 and Uyghurs. Her pink-themed clip, which featured a panda, is considered a dig at Little Pinks, or Chinese nationalist netizens.

The song was later removed from the internet in China, and the social media accounts of the two Taiwan-based singers were blocked.

Building on the success of Fragile, Namewee, 38, on Sunday, November 7, posted 100 NFT of a song, Go NFT, which included 20 photos of banking companies and big business ventures.

They sold out in less than three hours, making him richer by US $ 849,880 (S $ 1.1 million) in virtual currency, according to Malaysian Chinese newspaper Sin Chew Daily on Monday.

“I sold the song in three hours and when I woke up I was a rich man,” he wrote in a Facebook post. “Honestly speaking, I’m at a loss for words.”

He also posted a YouTube video, titled Why NFT? Use NFT to fight the world, along with the NFT drop.

In the clip, he touted the virtues of virtual currency which allows content creators to bypass platforms such as YouTube, as well as avoid government censorship.

He then released 100 copies of Fragile on the same NFT online marketplace, OpenSea, and promised another drop next Sunday (November 14) of 20 copies of a song he described as “high-pitched.”

Although he is now rich in Ether virtual currency, he has promised not to convert it to cash.

In his Facebook post, he said, “No matter how much money I make, it will forever circulate in the virtual world. Down with the banks of the world.”

About Ruben V. Albin

Check Also

OFAC Imposes First-Ever Sanctions Against Virtual Currency Mixer – Export Controls and Trade and Investment Sanctions

To print this article, all you need to do is be registered or log in …