1. Soulja Boy dropped an NFT collection that sold out within minutes on OpenSea.
  2. The rapper claims the NFTs will play a role in his exclusive blockchain video game.
  3. SEC filed a lawsuit against the rapper, which he is seemingly ignoring.

American rapper Soulja Boy announced a new NFT collection that sold out within minutes after opening bids on leading NFT marketplace OpenSea.

As seen in the tweet above, the NFT collection emerged top of the trending list under the gaming category within minutes. A couple of hours later, the NFT collection is now overtaken by other projects and is now occupying the 5th spot.

The new Soulja Boy NFT collection is related to gaming, according to the rapper. However, it is not clear how the collection is going to be used for any gaming platform let alone mention which gaming platform it is affiliated with.

To be fair, Soulja Boy did mention that he will launch his own 3D blockchain video game, although he has yet to disclose any specific detail.

Soulja Boy, whose real name is DeAndre Cortez Way, is one of the latest batches of celebrities being sued by the US Securities and Exchange Commission (SEC) for promoting dabbling with cryptocurrencies, directly or indirectly. Despite the lawsuit, the Grammy-nominated rapper is unfazed and continues to promote crypto.

Other celebrities also in the lawsuit are Lindsay Lohan, Akon, Ne-Yo, Jake Paul, Lil Yachty, and Austin Mahone. Most have already agreed to settle by paying over $400,000. However, Soulja Boy did not concede and appears to be ignoring the lawsuit.

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Jesus Dawal Jr covers news related to the crypto space in Asia and in Australia, although he follows the latest events in the US and Europe as well. He is most interested in the blockchain gaming and regulation aspects of the industry.