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The world of cryptocurrency is now dirtier than ever.
Almost 14 years after the death of Ol & Dirty Bastard, the rapper's estate launched a digital coin in honor of its legacy. Nicknamed O.D.B. Coin, the token marks the first of many upcoming Initial Artist Offerings that will be available on AltMarket, a new peer-to-peer trading platform.
"I could not be more excited about the future for O.D.B. Coin, and I know my father would have felt the same way," said Dirty Young Dirty's son in a statement. "It's a great way to get in touch with fans and reward them for their interest, and I can not wait to offer even more music to make Dad proud."
The currency, previously called Dirty Coin, is officially open for pre-sale on AltMarket. You can learn more about the pre-sale and trading of AltMarket on the platform's website.
During an interview with Yahoo! Finance at the start of this year, Young Dirty explained that the O.D.B. Coin will be used to finance various projects, such as albums, concerts and O.D.B. merchandise, such as video games and books.
Future IAO will benefit artists in similar ways, as well as offering fans special access to exclusive events, tours and merch of Purple Haze Properties and Select A Head.
"With the AltMarket exchange, we have designed a platform that is not only based on cutting-edge technology, but is designed to be an institution that respects our customers' investments," said Bryce Weiner, CEO of AltMarket. "To this end, we have partnered with some of the most trusted names in the cryptography and entertainment fields to provide consumers with a secure platform to connect with cryptocurrencies as well as their favorite artists.
"Currency and entertainment landscapes are both seeing dramatic changes," he added. "With the AltMarket trading platform, we offer investors and artists the opportunity to become part of the next phase in each sector."
