Culture

Nigerian Afrobeat star Davido launches own crypto coin $Davido

Published

6 months ago

May 30, 2024

Nigerian Afrobeats singer, David Adeleke, popularly known as Davido in the music circle, has launched his cryptocurrency meme coin, $Davido.

The coin which was launched on Wednesday is currently priced at $0.007783 USD and has quickly gained popularity, according to industry watchers.

The launch of $Davido, will mark Davido’s third go-around in crypto after he had earlier backed and promoted “Timeless Davido” crypto token with the release of his globally acclaimed album last year.

The $Davido coin was launched on the Solana blockchain and immediately broke through the noise of other obscure crypto tokens.

The platform which welcomed the rollout of the coin said on X:

“Solana just ships. Welcome Davido,” as the $Davido raced to a $10 million market capitalisation four hours after its launch and by Thursday, had continued to soar with several celebrities endorsing the coin.

However, the excitement on the $Davido was short-lived as its valuation had dipped 90 and per DEX screener, the coin’s liquidity was $291,000 at the time of this report.

But other reports indicate that the American-born superstar had already cashed out with massive profits from the newly created meme coin.

According to Lookonchain, Davido created the token on May 29 using the popular memecoin launchpad Pump.fun. The singer received 7.5 SOL ($1,275) as start-up capital and spent 7 SOL ($1,190) to buy 203 million DAVIDO (20.3% of the total supply, and barely 11 hours after creating the meme coin and promoting it on his X social account, the singer had gained 15.3 million followers while offloading 121.88 million and generating about $474,400 from the sale.

This was not the “Unavailable” crooner’s first crypto rodeo. In November 2021, he had launched $echoke on the Binance Smart Chain which he said was to “provide access to giveaways, NFTs, festivals, exclusive merchandise, and other entertainment, media, and hospitality benefits.”

He also promoted Racksterli, a Ponzi scheme that allegedly defrauded users of ₦1 billion, on YouTube, prompting serious backlash from Nigerians.

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Culture

Nicki Minaj eulogizes Davido for collaborating with her on new song

Published

14 hours ago

November 24, 2024

Isaac Dachen

American rapper, Onika Maraj, popularly known as Nicki Minaj, has poured encomium on Nigerian Afrobeats superstar, David Adeleke, aka Davido, for featuring in her track, ‘If It’s Okay”, which, according to her, gave the song an authentic Afrobeats tempo.

Nicki, who expressed her gratitude to the Nigerian singer, had, on Friday, taken to her X page to show love to Davido by posting “Thank you Davido” along with the visuals of the track.

To further show her appreciation, Nicki, while responding to a question from an X user, Tae, said the “Unavailable” singer gave the track the Afrobeat feel.

Tae had written: “What drew you to Davido for the song ‘If it’s Okay’? In my opinion, he was an ideal choice for this incredible masterpiece! He was speaking that ish.”

Responding to Tae, Nicki wrote:

“That man is an incredible writer and melody maker. It’s always a pleasure working with him because of our mutual respect for one another.

“I asked him to be a part of it in order to bring out the Afro beats tempo/feeling in it a bit more. Naija to the world.”

The track, “If it’s Okay” is part of the 10th-anniversary special edition of Nicki Minaj’s iconic album “The Pinkprint”, which was originally released in 2014.

The commemorative edition features four brand-new tracks, including collaborations with Swae Lee (Turn Ya Cap Back), David Guetta and Davido (If It’s Okay), and the late Juice WRLD (Arctic Tundra).

Culture

South African DJ Black Coffee bags World’s Best DJ 2024

Published

2 days ago

November 23, 2024

Isaac Dachen

South African disc jockey, DJ Black Coffee, has been named the World’s Best DJ 2024 at the Golden Moon Awards.

Reporting on the award, prominent South African tabloid, IOL, wrote:

“All hail Black Coffee from South Africa, winner of the Golden Moon award for the World’s Best DJ 2024! Black Coffee has taken the global stage by storm, blending his unique Afro-house sound with deep, soulful grooves that resonate with audiences worldwide.

“A pioneer, a visionary, and a cultural ambassador, Black Coffee continues to inspire millions, pushing boundaries and connecting the world through his music. A truly deserving icon of this prestigious honour!”

DJ Black Coffee whose real name is Nkosinathi Maphumulo, was not the only local South African entertainer who was recognised at the awards as rising star, Palesa Desiree Shilabje, popularly known as DESIREE, was also named the World’s Breakthrough Artist 2024.

On DESIREE, the tabloid said:

“DESIREE’s rise to prominence comes from her ability to craft electrifying DJ sets that seamlessly blend genres—African-inspired house, deep house, techno, and soulful rhythms.

“Her passion for diverse sounds has landed her on some of the world’s most respected stages, like DC-10, fabric, and Hï Ibiza, bringing her deep African influences to a global audience.

“Beyond her music, DESIREE proudly represents the intersex community, using her platform to inspire and educate about her experience. A truly groundbreaking artist, DESIREE is already leaving an unforgettable legacy.”

The Golden Moon Awards are held every year to select the best 100 clubs in the world and to award prizes in different categories to the major players in nightlife, individuals, clubs and associations.