Through QueensBridge, Nas made an investment in Coinbase back in 2013 when the trading platform was only around one year old. 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. Nas has also invested in hot properties like Genius, Dropbox, Lyft, and SeatGeek. Around $100,000 of that figure is from ad revenue on YouTube and Facebook. Cryptocurrency Scarface immediately enters the Nas tech talk lexicon right alongside Google Earth Nas, I got flats in other continents. Thirty-year-old crypto billionaire Sam Bankman-Fried took aim at Bitcoin, the world's largest cryptocurrency, saying it has no future as a payments network in an interview with Financial Times today. READ: Google founders earn $42 billion in 100 days The simplest way to see an NFT collection's royalties on OpenSea is to simply click the Buy Now button on a particular NFT. 9. Coinbase Global Inc. (NASDAQ: COIN) made history last month with the biggest-ever direct listing; its debut market cap was $63.5 billion, and after some big swings, it closed its first day at . Coinbase made a rousing debut on Wall Street Wednesday, with shares of the digital currency exchange rising as high as $429, briefly giving it a market value over $100 billion. env: 'prod', The price declined by 0.57% in the last 24 hours. Meanwhile, Nas QueensBridge Venture Partners hasnt revealed how much the One Mic emcee invested in the company. Several companies Nas has invested in have been big winners. 8. So yes, it is possible for Shiba Inu Coin to reach 1 cent; however, it will be very difficult. The current circulating supply is 63,766,329.591 NAS. Rapper Nasir Jones, known better as Nas, has emerged as an unlikely winner in todays Coinbase IPO. Rapper Nasir Jones, known better as Nas, has emerged as an unlikely winner in today's Coinbase IPO. But now with its increased valuation, Durants investment is said to be worth 53 times what it was four years ago, Marketwatch reports. How many shiba inu millionaires are there? The transformation of value in the digital age. Submit a correction suggestion and help us fix it! Did Nas invest in Robinhood? 8 7 = .hide-if-no-js { }, 9 six = .hide-if-no-js { Rapper Nas has reportedly earned north of $40 million from an eight-year-old investment that his QueensBridge Venture Partners made in cryptocurrency-exchange platform Coinbase. These companies include direct-to-consumer mattress company Casper, ticket reseller SeatGeek, digital media brand Genius, ride-sharing service Lyft, and personal cloud storage service Dropbox to name a few. The New World of Sync: How Two Sync Music Pros Are Surviving COVID-19, Tunefinds 2022 Top TV Placements Show Sync Opportunities for Catalog Tracks Are Stronger Than Ever, Is Sync the New Radio? If Coinbase takes things further and shares trade at DA Davidson investment bank, the price could go up to $440, bringing QueensBridge payout to $43.7 million to $218.5 million. }, one + 8 = .hide-if-no-js { "1/ We're excited to announce @BuildOnBase. ]); Long crypto forever in sickness and in health, Nas tweeted on Wednesday. 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. If he made an investment along the lower end of his spectrum, the 2x NBA Finals MVP would have a current ROI of $15.3 million. This means Durant's stake will have increased 6,150 percent, Marketwatch reports, though it is unclear how much the sports star put in. Coinbase slid 4.85% Thursday. Management With Durant and the Grammy Award-winning rapper making early investments in Coinbase, their reported return on investment is estimated to be in the multimillions. What happens when no more shares to short? kw: 'mandc,kevin-durant,nas', Entrepreneurs Summit How much do SA rappers earn per month? 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. 64 Countries. Is Nas a good investment? }).render('1b37e0aabe7e47acbf988f0bd583eba5'); }, Nas has made millions off an early Coinbase investment. With Coinbase shares being around $1 at the time of his early 2013 investment, if Nas purchased 500,000 shares, he could be seeing a return of around $165 million. Go check that out, and when you are finished, come back here. That flat fee depends on the transaction amount and is laid out by Coinbase on its fee page. Nas invested between $100,000 and $500,000 dollars through his company QueensBridge Venture Partners during an investment round in 2013, reported Forbes. 21, 2020. Conversation. I cover the intersection of Hollywood and money. 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 is looking at a major payday from his investment into cryptocurrency currency exchange platform Coinbase. Apr 14, 2021. Coinbase now has a market cap of $60 billion and each share trades for $297. The Marvel and Disney+ series only has two episodes left. Cryptocurrency trading platform Coinbase had a hugely successful debut on the Nasdaq stock exchange after going public Wednesday, resulting in a likely windfall for early investors such as basketball star Kevin Durant and rapper Nas. The specific amount is not known but Anthony Saleh, a partner at. Women of Power Summit Today, Robinhood's worth $32 billion. Refresh the page or click the button below to continue. tag: 'mandc,kevin-durant,nas', This week they announced an unlikely new minority shareholder in US rapper Snoop Dogg. Our editorial content is not influenced by any commissions we receive. Ethereum. display: none !important; 02/25/2023. tude.cmd.push(function() { At the share price of. Here's an example: if a customer wants to buy $100 of bitcoin with a U.S. bank account or digital wallet, the flat fee would be $2.99 and the variable fee would be $1.49, so the customer would pay a $2.99 fee on the transaction. ABOUT Amid increasing popularity in the. In recent years he has gained additional acclaim (and wealth) as an early-stage venture investor. Queensbridge revealed it was an investor in Coinbase back in 2013, when it helped raise $25 million in a Series B funding round. targeting: { window.tude = window.tude || { cmd: [] }; page_type: 'article', The number can be a lot higher given that this is just Coinbase's first day on NASDAQ and some experts expect its price to increase. Changpeng Zhao, $65 billion Zhao is the founder and CEO of Binance, the world's largest cryptocurrency exchange by trading volume. On average, the trading cost will be around $0.00004379. Coinbase made one of the most confusing Super Bowl commercials of 2022 and, perhaps, all time. Without advertising income, we can't keep making this site awesome for you. November 9, 2019. Ring is a home security company that manufactures security cameras and doorbells. page_type: 'article', Based on Coinbase's current share price this investment would now be worth around $165 million. Armstrong owns a stake of about 19% in Coinbase, and his estimated net worth is $14.7 billion. Rap legend @Nas is on the @coinbase cap table. 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. On Wednesday, it's estimated to reach a valuation of over $100 billion when it's listed on the Nasdaq. There were no people, no brand name just a QR [] On average, the trading cost will be around $0.00004379. 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. Royal NFTs are certificates of authenticity that point to ownership of rights of a song, and not the audio file itself. Which coin can make you a millionaire? 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. The EPMD artist and his venture-capital firm, which has also exited investments in Dropbox and Lyft, participated in Coinbases $25 million Series B funding round in 2013, when the now-massive company was valued at a comparatively small $143 million or so. According to research put together by Coindesk.com, Nas has a stake in Coinbase that could be worth well over $100 million. 89% percent of new users who spin the wheel will receive a reward between $3 - $5 in USD or Bitcoin Not too bad a return. At one point, prices reached a high of nearly $430 and the company's valuation temporarily rose above $100 billion, surpassing some analysts' projections, before falling back below that level. However, there was a new name on the list: legendary rapper Nas. An early investor in the company, the rapper's stake is worth at least $40 million. Nas loves to invest money in tech companies. The total amount of his funding was $4.5 million. When it turns gray, click the refresh icon that has appeared next to it or click the button below to continue. In recent years he has gained additional acclaim (and wealth) as an early-stage venture investor. Considering this, How much money did Coinbase make from the Super Bowl? Like previous years, JAY-Z took the number one spot, netting $76 million, followed by Diddy, who took home $64 million. We charge advertisers instead of our readers. 2023 Hypebeast Limited. Long crypto forever. in sickness & in health. As one of the first investors in Ring, a doorbell security company, Nas will now receive over $40 million now that the company has been acquired by Amazon for $1.2 billion, according to a report from webuyblack.com. 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. Nuseir Yassin (Arabic: ; Hebrew: ; born9 February 1992) is an ArabIsraeli vlogger who is most notable for creating over 1,000 daily one-minute-long videos on Facebook, TikTok and Instagram under the page Nas Daily. How much did Chamillionaire sell his app for? The price of Nebulas has risen by 5.02% in the past 7 days. Step 1: Withdraw All Balances Withdraw all balances in all your accounts to a hardware wallet. Coinbase Global Inc.'s initial public offering happened with cryptocurrency chatter seemingly everywhere, even at the U.S. Federal Reserve. Coinbase said funds were stolen from atleast 6,000 customers due to a phishing attack that took place between March and May. Go to https://www.coinbase.com from a browser on your computer, or download and open the Coinbase app on Android or iOS to get started. The Humbling of Coinbase In just over a year, the United States' largest cryptocurrency exchange went from a triumphant public offering to a "crypto winter" of cost cutting and layoffs. Create a Coinbase account to buy and sell Bitcoin Cash on the most secure crypto exchange. When Coinbase raised $25 million in a Series B funding round in 2013, Queensbridge announced it was an investor. Click or tap Get started. 7. 45. Some of Nas' early tech investments include Dropbox, Coinbase, Ring Lyft, Genius, and Pluto TV. Warning he has been playing nice up until now while calling out adidas GM Daniel Cherry. 3. dahred 2 yr. ago. Rapper Nas founded QueensBridge Venture Partners in 2013. Coinbase, a San Francisco startup that allows people to buy and sell digital currency, became the first major cryptocurrency company to go public when it made its stock market debut on Wednesday..