Fetty Wap partners with video game focused on cannabis and blockchain
Rapper and GROW.HOUSE ambassador Fetty Wap joined Yahoo Finance to explain celebrity interest in cryptocurrency and GROW.HOUSE's video game which focuses on cannabis and blockchain
Video transcript
[MUSIC PLAYING]
ADAM SHAPIRO: All right, a lot of us know what it means if we say cannabis. A lot of us know what it means if we say blockchain. What if you could take the best of both, put them together and then you take it another step forward. Grow.House is doing that, the first ever digital metaverse for lovers of cannabis, crypto and DeFi. Want to bring in somebody who understands what they're doing very well, and that would be the singer, songwriter, rap artist Fetty Wap.
It's good to have you here. And please understand, you're talking to a guy whose generation is still talking about nickel bags. So help me understand how blockchain, you know, is now, I mean, if you lost your nickel bag under the front seat of the car, at least you still knew where it was. What is going on here with GROW House?
FETTY WAP: Honestly, so it's a nonrefundable token. We have the Grow token. GROW House is awesome, it's lit. So what they're doing, is they're giving you the opportunity to actually grow cannabis and get paid through crypto. So you're getting cryptocurrency, you're getting paid in cryptocurrency. So they brung both worlds together in a sense, they brought together.
SEANA SMITH: Fetty, how'd you get involved in this?
FETTY WAP: I've got introduced through my friend, Brendan. Once, I got, I really jumped in once I actually played the game myself once, I saw the game myself. I figured, I thought it was a great idea. I love the plan that they had, I love the vision that they were going for, and I'm a cannabis lover, so you know, it was a win-win for me.
ADAM SHAPIRO: When you talk about too, what does it? 60% of millennials now trade crypto? And I wouldn't even want to venture, I got to imagine that the millennials probably love cannabis in numbers greater than 60%. It just seems like an ideal mixture.
FETTY WAP: I agree. I definitely agree. I'm trying to get it right, so I'm moving a little bit.
ADAM SHAPIRO: I know. The car, the age we're in is still not conducive to what we're trying to do. Let me ask you this. Are you in crypto for the long haul? I mean, we saw what happened, for instance, with Bitcoin. Short-term volatility can really wipe some people out.
FETTY WAP: Yeah, definitely. I want to say right now I'm not really sure if I'm going to, I don't want to say I'm long hauling it right now. But for the moment, I'm definitely enjoying what's going on with the crypto world, just watching how much it's kind of like in a sense, kind of taking over a little bit. But it's pretty crazy, especially with Bitcoin. Bitcoin was, that was a different, that was a different [? sound right there. ?]
SEANA SMITH: You know, it's so interesting when you see the number of celebrities, the number of rappers that have gotten involved in cryptocurrencies over the last several months. I'm curious if you've talked to other people in the industry and what those conversations have been like. Because you're far from the only rapper who has ventured into this space.
FETTY WAP: Oh, yeah, yeah, I'm definitely not the only one. I'm maybe like one of the most recent, it's a list of rappers, of celebrities rather, that's doing the crypto thing right now. And we all like, we all kind of have the same kind of like reaction. It's like, is it really going to work or is the money going to be safe or, you know what I mean? Is it going to, is it going to fold at the end? But it's just like, kind of the risk takers, we take the risk, and the ones that don't, they just like ah, no we don't, we're not going to do it, we're going to chill out.
SEANA SMITH: You know, I want to switch gears just a little bit and talk about the live entertainment space and what the past 15 or 16 months have been like for you. And now that we see the country reopening, more and more people are able to gather. What are your plans to get back on the road again?
FETTY WAP: Oh, man, honestly, it's been like, you know, for the world it's been pretty bad as far as like with COVID and the pandemic and everything, but being home for these 15 months, I've been able to you know like go with my kids, I've been, learned things in the house that I didn't know was there. I've tried to take advantage of the time that I had like to be home. And we all had to be home. So it was like pretty, it was pretty cool to like to relearn things, you know what I'm saying? I was, I was moving for almost five years straight before this happened. So it was just like, wow, OK, now I have to sit down and kind of figure out what's going on.
So when they started opening back up, it was like, oh man, You know like, it feels good to go back outside and bring the family out to the beach and stuff like that, we go out to eat. But it's like, you know, now it's about the reality is going to set back in. You know, I got to go back out and be Fetty Wap and, you know, the kids are going to be like, oh, you know, we had dad for a year, we had him for a year, so it's like, oh, it's back to we got to fly out there, we got to fly out here, we got to fly out here. So it's like a 50/50 thing with me. Like I'm excited about it, but I'm also like kind of going, I'm going to miss the, going to miss the luxury of being around the family whenever I want.
ADAM SHAPIRO: You are a rap star, you are a father, and you are the ambassador for GROW House's first ever digital metaverse for lovers of cannabis, crypto and DeFi. Fetty Wap, thank you for being here.
