A standout amongst the most renowned rappers to break into the business without a hand up from another rapper, who went straight from SoundCloud to multi-platinum affirmation by the RIAA, Lil Pump, with hit song "Gucci Gang," is accepting Bitcoin at his online product store, Unhappy.com. Featured on the site are branded t-shirts and accessories supported by the rapper.
Lil Pump Uses OpenNode
The vast majority of the crypto press is touting Lil Pump as "accepting Lightning Network." While genuine, it's coincidental. Since the rapper's store utilizes OpenNode, clients can choose the Lightning Network alternative while finishing checkout. This is what it looks like:
This is what it would appear when you select Lightning Network as your final checkout choice. You can likewise choose ordinary, on-chain Bitcoin payments.
The second-layer Bitcoin scaling solution is a subject of customary disparagement in different communities, such as Bitcoin Cash, where it's seen as creating a larger number of problems than it addresses, and not tending to the principal issue of blockchain limit.
Lil Pump also accepts an assortment of different alternatives, including Paypal, Venmo and credit cards. This year, the 18-year-old ranked on Forbes' 30 Under 30, which might mean he's well on his way to an unimaginably fruitful career.
At The Time 50 Cent Accepted Bitcoin, Lil Pump Wasn't Even Old Enough to Drive
He's definitely not the first rapper to who's accepted Bitcoin. A long time back, 50 Cent accepted Bitcoin payments for one of his albums. The rapper, who as of late declared financial insolvency, made more than 700 BTC from sales of his Album "Animal Ambition." Accepting cryptocurrencies can sometimes be the great choice that continues giving. 50 Cent later denied his Bitcoin wealth.
Lightning Network has been in the spotlight increasingly more as of late. Everybody's getting hyped about a browser extension that empowers Lightning payments for Amazon, in spite of the fact that Jeff Garzik, among others, doesn't see the purpose of getting excessively excited.
Wu-Tang Clan's Ghostface Killah supported an ICO for a sort of stablecoin, called Cream Capital.
Recently killed rapper Nipsey Hussle was an early adopter of Bitcoin, and owned part of a company called Follow Coin, of which Coinbase was one of its investors. The rapper Nas, additionally gave away Bitcoins to top fans back when they weren't worth close to what they are today. Bitcoin is likewise the subject of a few rap songs, including some main stream ones.
It is certain that cryptocurrencies can positively affect innovative businesses like hip hop. Fans far and wide who might not have access to regular fiat payment systems or credit cards, but can utilize a Bitcoin ATM, can now support their preferred artists. Many blockchain-driven music platforms now exist, for example, Choon.