American hip-hop record label Roc-A-Fella established by Jay-Z, Damon Dash, and Biggs Burke sued Damon Dash for intending to mint and sell Jay-Z's first album "Reasonable Doubt" as an NFT.
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The lawsuit shows that Dash intended to purchase an NFT of the album on the network SuperFarm via an auction which was to be held between June 23 to 25. Roc-A-Fella contracted SuperFarm and Dash saying they needed to stop activities and not introduce the designed collectible. SuperFarm met the request, but Dash carried on attempts of finding another market to carry out the auction.
Commenting on the situation, Dash told Rolling Stone that the suit was misleading. The record executive said his intention wasn't to sell Jay-Z's album, but his share in the company. Dame Dash also said earlier the firm tried to acquire his stake at a reduced price.
Roc-A-Fella delivered services from 1995 to 2013. In 2013 it stopped operating. Jay and Dash had disagreements and during several interviews, Dame Dash said the way Jay-Z behaved in the business wasn't fair.