Dame Dash Responds To Roc-A-Fella’s NFT Lawsuit

BURBANK, CA - APRIL 03:  Damon Dash attends Damon Dash Celebrates the Launch of Dame Dash Studios at DDS33 on April 3, 2019 in Burbank, California.  (Photo by Stefanie Keenan/Getty Images for Damon Dash Studios)

Dame Dash Responds To Roc-A-Fella’s NFT Lawsuit

It’s reported the music executive wants to allegedly sell Jay-Z’s ‘Reasonable Doubt’ album as a Non-Fungible Token.

PUBLISHED ON : JUNE 21, 2021 / 03:19 PM

Written by BET Staff

Dame Dash is responding after Roc-A-Fella to a lawsuit against him after it's been alleged that he attempted to auction Jay-Z's Reasonable Doubt album as an NFT. 

According to TMZ, Dash shared that the initial news of him wanting Jay-Z's album is false and that he only wants to sell his share as a Non-Fungible Token. Forbes describes an NFT as “a digital asset that represents real-world objects like art, music, in-game items and videos.” NFT”s are then bought and sold online, usually with cryptocurrency. 

RELATED: Dame Dash Had A Bold Choice Of Words For Jay-Z And His NFL Deal

In the lawsuit against Dash, the label states that the media mogul and co-founder of Roc-A-Fella can’t sell the album as an NFT because it’s owned by Roc-A-Fella, TMZ reports. 

Responding to if he comes to a new agreement with someone, Dash says that, “Under the terms of the deal with a potential buyer, the buyer would buy my share of Roc-A-Fella Records and Jay will have exclusive administration rights.”

According to Complex, Roc-A-Fella has asked the court to bar Dash from auctioning the NFT and has also requested that he surrender any NFTs created for Reasonable Doubt

(Photo: Stefanie Keenan/Getty Images for Damon Dash Studios)

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