Meek Mill plans to release his last Dream Chaser mixtape as a non-fungible token (NFT). The Philly-bred rapper, whose Expensive Pain album debuted at No. 3 on the Billboard 200 albums chart in October, made the announcement via Instagram on Friday (Nov. 26). “How can they relate I’m too real n#%gas fake #DCPOUNDCAKE LAST DREAMCHASER MIXTAPE A NFT …. LOYALTY CLUB STARTS JANUARY.1st 2022 you can invest merch albums and shows and get marketed,” Meek captioned the clip of him in the studio on IG.
The post is similar to another he shared on Wednesday (Nov. 24), where the 34-year-old “Flamerz Flow” rapper wrote on his IG, “Loyalty club starts January 1st, 2022 NFT mixtape.” That caption is attached to a clip of Meek catching a flight, surprising attendees at the 2021 REVOLT Summit with a performance, then partying in a club with Justin Combs, Gunna, Jadakiss, and others. At one point in the video, a line of text flashes across the screen that reads, “About to get ownership of the music they actually make and create.”
It’s unclear whether Loyalty Club is the title of the Dream Chaser Records founder’s upcoming project or if it’s the name of an NFT project Meek is working on. In early November, he shared a photo of himself donning a bomber jacket with Loyalty Club written across the back. And in April, 2021, Meek expressed his interest in using NFTs to release music in a tweet. “I’m doing a nft album as soon as im out my deal,” he said at the time.
Releasing a mixtape as an NFT would be groundbreaking for both Meek and the NFT/cryptocurrency community. Since NFTs are unique pieces of digital content linked to the cryptocurrency blockchain and not mutually interchangeable, it will be interesting to see how the songs on the mixtape will be shared if they’re sold to just one owner.
As REVOLT reported, Meek expressed his grievances with his current label deal last month in a since-deleted tweet: “I haven’t get paid from music and i don’t know how much money labels make off me. I need lawyers asap!!!” he tweeted. Choosing to drop his mixtape as an NFT could be a new way for Meek to cash in off his artistry like others — JAY-Z, The Weeknd, Azealia Banks, Tory Lanez, Eminem, Post Malone, Jeezy, Snoop Dogg, and more — have done this year.
Check out Meek’s NFT announcement via Instagram below: