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Ethereum. 50 Cent Fans Clown Rick Ross Over Richer Than I Ever Been Album About Nuseir: Nuseir Yassin, founder and CEO of Nas Daily, has grown to be one of the most influential content creators on social media. The cryptocurrency exchange was valued at $99.6 billion today when trading began and reached a valuation of over $100 billion in minutes. According to the Hollywood Reporter, the hip-hop mogul has teamed up with Google and others to raise a $20 million financial backing for Carry1sta mobile game published based in Cape Town, South Africa. However, there was a new name on the list: legendary rapper Nas. Rapper Nas And Kevin Durant Made Major Bank On Epic Coinbase IPO ABOUT Black Men XCEL Which coin can make you a millionaire? Long crypto forever. in sickness & in health. READ: Google founders earn $42 billion in 100 days I cover the intersection of Hollywood and money. About Follow the instructions for disabling the ad blocker on the site youre viewing. At the time of the investment, shares of Coinbase's Series B were worth $1.00676, meaning Jones' firm would have between 99,239 and 496,642 shares, according to CoinDesk. Around the World in 60 Seconds: The Nas Daily Journey1,000 Days. If you don't, you can read our step-by-step guide. Usually, the fees are divided as a maximum of 0.4% maker and a maximum of 0.6% taker, based on your 30-day trailing volume. Heres the Latest Data (Updated for 2023), How Much Artists Make Per Stream on Spotify, Apple Music, Amazon, YouTube, Pandora, More (Updated for 2022), Spotify Is Officially Testing Exclusive Token-Enabled Playlists From Kingship and Others: This Is a Special Moment, ICE Strikes Deal with Gaming & Metaverse Start-Up STYNGR, Napster Acquires Defunct Mint Songs After Late 2022 Wind Down, FTX Arena Officially Rebrands as Miami-Dade Arena Following FTX Collapse. How do I report excess contributions removed? page_type: 'article', Its unclear exactly how many COIN shares the 47-year-old rapper acquired and which price he sold at, given that the stock was hovering around $330 per share at the time of this pieces publishing. He added his "first priority" would be the Washington Football Team. 4. 3. dahred 2 yr. ago. baseDivId: 'pb-slot-right-1', In a 2018 interview with Durant, ESPN reported Durant tends to invest between $250,000 and $1 million. Nas' song collaborators have been involved in the crypto industry as well. Economic Equity & Racial Justice Townhall Series, Elevate Black Podcast sponsored by Fifth Third Bank, 100 Founders of Change by American Express, Chasing Success Podcast by JP Morgan Chase, Black Business Month Sponsored by Nationwide, 2022 Registry Of Corporate Directors Listing, 2021 BE Registry Of Corporate Directors Listing. All new users who spin the wheel will randomly receive a reward, in either USD or Bitcoin, determined by Coinbase in its sole discretion, between $3 - $200. QueensBridge has mastered investing in companies in the startup stages. At the share price of $415 that the stock reached minutes after trading began, those shares were worth between $41.2 million and $206 million. Passing Tyler Ninja Blevins with over 270,000 subscribers. Freelance Writer & Marketing Writer Queensbridge revealed it was an investor in Coinbase back in 2013, when it helped raise $25 million in a Series B funding round. env: 'prod', url: 'kevin,durant,and,nas,earn,huge,payouts,as,early,coinbase,investors', Today, Robinhood's worth $32 billion. Kevin Durant investments in Nas' Coinbase could see jump from $1.6 targeting: { For Nas, the two songs will be released as tiered NFTs: for example, $50 gets you a gold NFT of 'Ultra Black' with a 0.0143% share of its streaming royalties, but if you shell out $4,999 for a diamond NFT, you'll get 2.14% of its royalties. A quick insight on just how much money the two might have made was shared by Newsweek: Based on the price of Coinbase shares at the timearound $1 according to CoinDeskit means Nas could. SOPA images. For now, the . (Video) Nas And Kevin Durant Make Multi-Millions Overnight From Coinbase Debut, (Video) Nas - Rapper Turned Investor | Makes Over $100 Million On Coinbase Investment | Nicky And Moose, (Video) Nas Made $100 Million From Coinbase, (Video) Nas made 200M with Coinbase IPO | How was made $200,000,000, (Video) Kevin Durant And Nas Made How Much From Coinbase??? The long list of celebrity investors is an interesting one, however, you can't fault Nas for getting into crypto early. The Queensbridge native has earned big from his early investments in startups like Dropbox, Ring, Parachute, Robinhood, and many others. cnx.cmd.push(function() { On Wednesday, Coinbase stock was indicated to open around $350, or 40% above its reference price. First Mover The latest moves in crypto markets, in context. Consequently, Nas and his fellow investors acquired somewhere between approximately 100,000 shares and 500,000 shares in Coinbase, which approached $410 per share out of the gate after debuting on NASDAQ in a direct listing yesterday. Yuliya Christensen/Getty Images. Nas and basketball star Kevin Durant are known to have invested sums of money in Coinbase years ago back when its valuation was a fraction of what it is now. Nas is an extremely successful venture capital investor, Nas Has Secretly Built A Venture Capital Tech Investment Empire, Nas' Tech Investments Are Paying Off In A Big Way, Nas' Investment In Streaming Service Pluto TV Pays Off, Viacom Buys It For $340 Million. 1. At the time, it was worth $62 million. New user incentive | Coinbase Help Women of Power Summit Click the icon of the ad-blocker extension installed on your browser. 2013 pos: 'right_rail_2', It has just reported preliminary results for the first quarter of 2021, with revenue surging to US$1.8 billion. On Wednesday, Coinbase is expected to debut at $350 per share. Another jibed that he almost broke [his] thumb turnin it off: Nas called himself the crypto currency scarface and I almost broke my thumb turnin it off https://t.co/xlbFUCqLeZ, PrThegreat609 (@CoachPr_NJ) April 30, 2021. We use cookies to ensure that we give you the best experience on our website. Nasir's firm Queensbridge Venture Partners invested as much as $500,000 for nearly 100,000 shares of Coinbase, the San Francisco startup founded in 2013. In recent years he has gained additional acclaim (and wealth) as an early-stage venture investor. Jay-Z and Twitter CEO Jack Dorsey, prior to revealing that Dorseys Square would purchase the rappers Tidal streaming service, pledged $23 million to a Bitcoin development fund. display: none !important; @IanAllison123 reportshttps://t.co/sJC1Gcgv13. Although it seems impossible for SHIB to reach 1 cent right now, if the project begins burning more and more supply, however, that will certainly be possible. All Rights Reserved. Masthead. Support us by whitelisting our site. The mathematical improbability of Coinbase justifying a $100 - Fortune Create a Coinbase account to buy and sell Bitcoin Cash on the most secure crypto exchange. Are small businesses vulnerable to cyber attacks? If that happens, and these numbers are accurate, Nas' stake will be worth between: If Coinbase outperforms expectations and ends up with a price per share of $440, as some price targets predict on the high end, Nas' stake will be worth between: Nas on the Nasdaq. We charge advertisers instead of our readers. Nas and Snoop Dogg invested in Robinhood 7 years ago. Coinbase Review 2023: Pros, Cons and How It Compares Our goal with Base is to make onchain the next online and onboard 1B+ users into the cryptoeconomy." The specific amount is not known but Anthony Saleh, a partner at. According to CoinDesk, this would make his share quantity range anywhere from 99,329 496,642. } Rap Icon Nas Could Net $100M When Coinbase Lists on Nasdaq cat: 'money', Nas Enjoys Multimillion-Dollar Windfall From Early Coinbase Investment According to research put together by Coindesk.com, Nas has a stake in Coinbase that could be worth well over $100 million. In any event, Nas acknowledged the crypto-fueled windfall in a pair of tweets, writing first: Long crypto forever. According to Coindesk's analyses, if QueensBridge's average investment is between $100,000 and $500,000, the VC firm would have bought between 100,000 and 500,000 shares at that round. aid: '713496', You'll be asked for the following information. Rap Icon Nas Could Net $100M When Coinbase Lists on Nasdaq - Yahoo! During his recent trip to adidas Portland headquarters. Amid increasing popularity in the. How much did Nas make from Ring? (2023) - investguiding.com Through QueensBridge, Nas made an investment in Coinbase back in 2013 when the trading platform was only around one year old. Based on the price of Coinbase shares at the timearound $1 according to CoinDeskit means Nas could have bought as many as 500,000 shares. Nas ' investment firm, QueensBridge Venture Partners, could be banking big on Coinbase going public on the Nasdaq via a direct listing on Wednesday. It just so happens that the world is opening up, Jones told Forbes in 2018. News and analysis for the. Depending on how close the share price gets to the $440 USD target, as it just closed out at $350 USD on private secondary markets, Nas QueensBridge Venture Partners could brand anywhere from $34.76 million $218.5 million USD. Founded in 2005 in Stockholm, Swedish fintech giant Klarna was valued at $2.5 billion last year. Coinbase Says at Least 6,000 Customers Had Funds Stolen From Accounts }, Nas has made millions off an early Coinbase investment. targeting: { Base is an Ethereum L2 that offers a secure, low-cost, developer-friendly way for anyone, anywhere, to build decentralized apps. His investment group, QueensBridge Venture Partners, jumped on a Series B investment for Coinbase back in 2013, when the company raised $25 million. Back then, it was worth roughly $143 million. Named after the New York housing project where he grew up, QueensBridge has invested in more than 100 companies, including Casper, Dropbox, FanDeul, Parachute, Lyft Analysts think . subcat: '', QueensBridge makes early-stage investments between $100,000 and $500,000, according to co-founder Anthony Saleh. The Node The biggest crypto news and ideas of the day. Since then, Bitcoin has overgone two pivotal bull runs and shares in Coinbase have exploded in value. Coinbase IPO: Everything you need to know about the - MarketWatch Refresh page. INFORMATION div_id: 'div-gpt-ad-rightrail-3', How do you make millions with cryptocurrency? How much did Chamillionaire sell his app for? Cryptocurrency exchange Coinbase Global finally went public Wednesday afternoon at a valuation of nearly $100 billion, as the company takes advantage of surging demand (and prices) for bitcoin . Nas promptly took to Twitter during the exchanges direct listing on April 14 2020 to tweet: Long crypto forever. in sickness & in health. That value could also rise to $43.7 million and $218.5 million, respectively, if Coinbase shares trade at investment bank DA Davidson's new price target of $440 . Nas has sold over 25 million records worldwide, which is an incredible achievement; and As of August 2022, Nas' net worth is $70 Million, making him one of the richest rappers in the world. The simplest way to see an NFT collection's royalties on OpenSea is to simply click the Buy Now button on a particular NFT. Nebulas (NAS) Price, Charts, and News - Coinbase It's no secret that cryptocurrency exchange Coinbase's IPO made a lot of people money, but one surprising winner was Nas, the iconic east-coast rap icon.Apr 16, 2021 The value of companies is based on how they make great products, he wrote. 89% percent of new users who spin the wheel will receive a reward between $3 - $5 in USD or Bitcoin Born Hakeem Seriki in Washington D.C., the rapper actually began his entrepreneurial journey in 2004 when he founded his own record label called Chamillitary Entertainment. But now with its increased valuation, Durants investment is said to be worth 53 times what it was four years ago, Marketwatch reports. Brian Armstrong Coinbase went public in a direct offering on Nasdaq on April 14, 2021, briefly reaching a market capitalization of $100 billion. Rapper Nas Scored $40 Million From Coinbase's IPO. Long crypto forever in sickness and in health, Nas tweeted on Wednesday. Eight years later, Coinbase is scheduled to go public and be listed on NASDAQ Wednesday (April 14th), which could potentially bring its value to $100 billion. Coindesk also reported that a source familiar with QueensBridge confirmed Nas companywas still on the cap table. What company is Nas invested in? According to his blog on NasAcademy.com, Nas Daily makes $400,000 to $500,000 every month. QueensBridge, which has invested in companies like Robinhood, Lyft, and Dropbox, could get from $34.76 million to $173.8 million based on a formula of $350 per share (QueensBridge owns anywhere from 99,329 shares to 496,642). Coinbases debut on the Nasdaq on April 14 at the $100 billion valuation will mark the first official juncture between the traditional financial avenue and the alternative crypto path, according to Swissquotesenior analyst Ipek Ozkardeskaya. U.S. rapper Nasir Jones (better known by his stage name, Nas) is among the fortunate few to have made early investments in Coinbase, the cryptocurrency exchange expected to reach over $100. The company, founded in 2012, provides a variety of financial. 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How long does it take to discover a data breach? Jones, himself, pocketed at least $25 million from the transaction. Following the initial public offering, Nas's shares are worth nearly $33 million. After dividing that investment range by Coinbases Series B share price from thattime, Coindesk estimates that QueensBridge could now own99,329 shares on the low end or 496,642 on the high end, which would give the firmbetween $34.76 million and $173.8 million worth of shares. How Nas made money from Coinbase? (2023) - investguiding.com