(AllHipHop News) Wu-Tang clan has partnered with StockX to launch the company’s first “Charity IPO” with the new fundraiser C.R.E.A.M (Charity Rules Everyone Around Me).
The funds will be used to benefit the group’s Wu-Tang Foundation, to fund programs for children from low income, troubled areas.
StockX launched as the world’s first online “stock market of things,” for high-demand consumer products.
The venture is backed by Def Jam’s CEO Paul Rosenberg and Eminem, who strategic partners with the online trading platform for limited edition products.
The company just launched StockX Charity IPOs, a charity initiative aimed at partnering with the world’s biggest celebrities for the world’s most important causes.
Wu-Tang Clan is the first celebrity group to partner with StockX for a Charity IPO with C.R.E.A.M., which is a play on the group’s classic 1993 single “C.R.E.A.M. (Cash Rules Everything Around Me).”
“Working with StockX makes perfect sense because they have been doing great work in the celebrity charity space for a while,” said Oliver “Power” Grant, Co-Director, Wu-Tang Foundation. “A joint venture like this has the potential to positively expand the foundation’s efforts and reach in communities.”
Starting today (March 13), fans who make a $10 donation on StockX to support C.R.E.A.M. will have the chance to win autographed clothing and accessories from RZA, GZA, Raekwon, Method Man, Ghostface Killah, DJ Mathematics, Inspectah Deck, Masta Killa and U-God.
StockX will then randomly pick a total of eight winners, who will be able to decide, in order, a prize of their choosing.
“Our foundation helps those who are in communities with racial disparities. Communities plagued by violence, the lack of a proper education, unemployment, and more,” Wu-Tang Foundation Co-Director Tareef Michael said.
“We are certain that with StockX we will continue to supply support to those in need with the money we raise,” Michael added.
The StockX and Wu-Tang Foundation Charity IPO runs from 12:00 p.m. EDT on Tuesday, March 13, 2018 through 11:59 p.m. EDT on Friday, March 16, 2018.
Wu-Tang Charity IPO Prizes Include:
” Raekwon: Polo Ralph Lauren Snow Beach Hat and Poncho, Signed from “Can It Be All So Simple” video
” Method Man: x Adidas Forum Mid x Def Jam 25th Anniversary Collaboration Sneaker, Signed
” Ghostface Killah:Worn and signed Wu-Wear Hoodie, and Cherchez La Ghost Hoodie, Signed
” DJ Mathematics:Traktor Z2 Mixer from Show, Signed
” Inspectah Deck:Wu-Wear Wu-Tang Clan #36 Baseball Jersey, Signed
” Masta Killa: Clarks Wallabees worn on stage and Signed Shoebox
” U-God: Worn Jacket from the Wu-Tang Clan/Rage Against the Machine Tour signed, Wu-Wear football jersey signed, and pre-release and autographed copy of Raw: My Journey Into the Wu-Tang
” GZA: Autographed Brazil National Team 2012 Home Soccer Jersey worn on stage at GZA’s inaugural performance in Brazil
” Wu-Tang Clan:Original Black Basketball Jersey and Matching Shorts, 1 of only 6 Wu-Wear Stash