Hip hop star and business mogul Curtis “50 Cent” Jackson has joined the ever increasing number of musicians embracing bitcoin as a method of payment for their work. The 38-year-old entrepreneur has accepted the digital currency as payment for his new album ‘Animal Ambition’.
50 Cent’s Shopify store will accept bitcoin payments for the new release with BitPay acting as the payments processor. Shopify integrated bitcoin payments for merchants using the service in November, 2013.
“We are excited to see high profile independent artists use bitcoin and 50 Cent’ trail as an innovator is outstanding,” said Tony Gallippi, BitPay CEO.
To date, 50 Cent has sold over 30 million albums, and is said to have a net worth of about $140 million, according to Forbes.
Jackson isn’t the only music artist to embrace bitcoin for record sales. In December 2013, Snoop Dogg (briefly known as Snoop Lion) expressed an interest in taking bitcoin for his next record. Former Spice Girl Mel B followed suit later that month, expressing an interest in the digital currency for her then-upcoming single. Hip-hop artist Childish Gambino also suggested he might accept bitcoin for his upcoming music project.
50 Cent’s new album, ‘Animal Ambition’ is now available for download.