Charitable NFT Backed by Rapper: The Painted House

The Painted House, an NFT platform founded by rapper and entrepreneur Ja Rule and his longtime business partner Herb Rice, has announced the launch of its first NFT collection called “Black Is Beautiful,” whose sales will support universities historically. black and colleges.

“We entered the Web3 NFT space a year ago after attending the annual New York NFT for the first time. He was warm and sociable, but there were no black people. We wanted to bring more people of color into space, ”Rice said in a recent Billboard interview.

The Black Is Beautiful collection contains 1,000 collectible NFTs, all celebrating pop culture figures and movements. The Painted House will donate 10% of all its sales to five educational institutions: Hampton University, Morgan State University, Jackson State University, Spelman College, and Morehouse College.

Image credit: Hola