- Post Malone manager Dre London gets caught up in crypto.
- He advises Fyooz, a social money platform.
- Fyooz recently paid rapper Lil Yachty for the honor of joining.
The social money platform Fyooz bagged another high profile music legend: Dre London, the manager of Grammy-nominated rapper Post Malone and rapper Tyga. London will join Fyooz as an advisor.
“With my vision, I hope to create a new access asset class that can revolutionize the entire entertainment business. As terrible as the pandemic was, we need to find new innovative ways to get our fans back on track, ”London said in a statement.
London-born Andre Jackson is the second high profile person after joining rapper Lil Yachty earlier this month. Lil Yachty made it clear in a tweet that Fyooz had paid him to partner.
Decrypt asked Fyooz how Dre London, who has 165,000 followers on Instagram, is compensated for the role and the chores involved, and will update this article with each response.
Fyooz is a platform that mints cryptocurrencies on behalf of a musician, athlete or influencer who joins their platform. Your direct competitor is Roll, a social money platform developed by ex-Coindesk Analyst Bradley Miles.
London finds Fyooz the prospect of bringing new value to the music industry, which has been hit hard by the rise of streaming platforms, which give artists a small portion of the profits, and the pandemic that canceled lucrative international tours.