Rapper Tyga sued for breach of contract over $500,000 from NFT Project

Rapper Tyga sued for breach of contract over 0,000 from NFT Project

Rapper Michael Ray Nguyen Stevensonbetter known as Tyga, is being sued by NFT for breach of contract on a project.

according to Hey ho Entertainment, Kreation Technologies sued the rapper when he ghosted on a $500,000 chance. Tyga was supposed to create a custom set of digital art shows around his name, image, music, and likeness.

The performer was reportedly committed to facilitating the design, creation, production, marketing, sale and distribution of NFTs.

For the NFT project, Tyga received a $100,000 signing bonus. it was taiga previously Associated with the project, which was announced in June.

“PFP NFT ‘Ten Thousand TYGA’ is the star’s latest foray into the NFT space and its first foray into the contemporary CryptoArt universe with Kreation Partners,” the report reads.

Read also: Tyga partners with the charity sports watch company

According to the lawsuit, the deal will consist of three drops, one with 10,000 unique NFTs, one with 75 unique NFTs, and one exclusive that will be sold to a single buyer.

Creshen noted that it was “crucial to the success of the project” that Tyga used his “status and public followers to endorse and gain exposure” to the drops.

A previous ad mentioned that NFT The project was a “highly awaited pharaoh-inspired” set and would feature the famous tombs of the accident pharaohs in a “futuristic tech” style.

Kration accused the rapper of not delaying his end of the deal. He did not post about the project on his Instagram or Twitter, and then canceled media interviews on Twitter’s Spaces and Reddit’s ‘Ask me anything’ forums.

The company said the deal caused problems with a new strategic partner they used as the NFT marketplace.

Photo: Courtesy of Michelle J on flickr

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