"Just chillin'" with Dame Dash may have just spawned a rap supergroup project. On Wednesday, at Dash's new facility (art gallery, TV studio, music studio and more), DD172, critically acclaimed underground lyricist Curren$y told MTV News that he, Jay Electronica and Mos Def have combined forces to start recording an entire album together.

"That's ridiculous!" Curren$y said. "Jay Electronica is from my city, he's from New Orleans. I never met homie until I stepped foot in this building. He came here to meet Mos. And Mos, I had only known him for 24 hours prior to that. But genuine people could recognize [each other], it was like, 'Let's go.' "

Curren$y said Mos came up with the name of "Center Edge Territory" for the trio. When asked exactly what the moniker means, Curren$y would only comment emphatically, "Everything! That's everything!

"We all know the game is in turmoil. We know the machine messed it up," he added, explaining why they will be putting their music out independently instead of with a major label. "We know we don't even need to play that game, especially with access to all of this sh--. We are our own machine."

So far, Center Edge Territory have recorded six records together, but they have no concrete plans as to when the full-length album will drop.

"The funny thing, it came from just chilling," Dash said. "If you're gonna be here [at DD172], there's no hanging out.

"There's no reason to be here unless you have the ability to work or you're working," Dash explained of the space Mos nicknamed of the "24-Hour Karate School." "This is like an office where you work in a different way."

Dash is putting out BlakRoc by the Black Keys (featuring collaborations with Mos Def, Jim Jones, Q-Tip, Ludacris, RZA and others) on November 27. Meanwhile, Curren$y just completed an album with a group he formed called the Muscle Car Chronicles, which includes Thomas Pridgen from the Mars Volta and newcomer Sean O'Connell.