Rapper Iggy Azalea. Image: Instagram via @thenewclassic

Rapper Iggy Azalea. Image: Instagram via @thenewclassic

Iggy Azalea’s surprise transition from rapper to crypto mogul

Iggy Azalea, the 34-year-old Australian rapper, has pivoted from music to become a crypto mogul and telecom innovator.

Rapper Iggy Azalea. Image: Instagram via @thenewclassic

Rapper Iggy Azalea. Image: Instagram via @thenewclassic

After retiring from music, Iggy Azalea has embarked on a surprising new career path. The 34-year-old Australian rapper, known for her hit Fancy, has launched her cryptocurrency and a phone company.

Azalea introduced her memecoin company, Mother Iggy ($MOTHER), inspired by internet memes.

IGGY AZALEA’S BIG MOVES

According to CNN, Mother Iggy has already reached a market capitalisation of about $200 million. This makes it one of the most successful memecoins.

Dogecoin, the most popular memecoin, has a market cap of about $20 billion (R 366,905,155,017).

“Memes have always been a big part of my career,” Iggy told Fortune. “I felt like this was a space where I could succeed.”

Despite some backlash from the crypto community, Azalea remains confident, according to Daily Mail.

“They used to laugh at me rapping, and I got a number 1 single for 9 weeks straight,” she posted on social media.

IGGY AZALEA HAS THE LAST LAUGH

“Laugh now, cry later.”

In addition to her crypto venture, Iggy Azalea has co-founded a non-contract telecommunications service called Unreal Mobile.

Customers can now pay for their service using her Mother Iggy currency.

“Unreal Service for Unreal creatures!!!” she announced.

Azalea is also working on a crowdfunding platform called Dream Vault, according to Forbes.

IGGY AZALEA AND THE CRITICS

She and her partners have raised seven figures for the project.

“Dream Vault is a place where anyone with a dream can try to achieve it and create a supportive community,” she told Forbes.

Iggy Azalea retired from music in January.

She said she felt more passionate about design and creative direction than songwriting, according to Interview Magazine.

She recently sold the rights to her music for an eight-figure sum, ensuring she “never has to work another day”.

BUSINESS VENTURES

“I sold a portion of my catalogue to who I wanted, for an amount that means I don’t have to work another day in my life,” she responded to critics.

“I love y’all down, but the masters’ conversation is a little beyond most of your understanding of business.”

Iggy Azalea’s business ventures follow a lucrative stint on OnlyFans, where she earned millions.

A SUCCESSFUL CAREER

However, she has since left the platform to focus on her Telegram channel, promoting her crypto ventures.

From modest beginnings in Mullumbimby, NSW, to becoming a chart-topping artist, Azalea has continuously reinvented herself.

Her latest ventures in crypto and telecommunications are just the newest chapters in her varied and successful career.