Ye, formerly called Kanye West, will he finally launch his own same? According to a publication of Coindesk, the American rapper will have his own crypto, and she will be called “Yzy”. However, the stated tokenomics suggest yet another disaster.
Soon a Yzy token for Ye (Kanye West)?
Ye, of his old name Kanye West, would prepare to launch his own same. This is information revealed by Coindesk, which would have obtained this information by email from Hussein Lalani, who would have presented himself as the financial director of the Yeezy brand.
The latter would have transmitted the Tokenomics to Coindesk by asking them to respect an embargo, something that the media refused. Coindesk specifies that 3 sources close to the project have been able to authenticate the document presented about the Ye token, Called “Yzy”.
The token yzy would constitute for the rapper a way of Go around traditional platforms such as Shopify. In this case, the latter broke its links with Ye after the American star has sold T-shirts with a swastika.
🪅 What is a same?
By allowing its fans to use the Yzy token to buy derivative products, Ye would align with the model of Donald Trump, which also offers to buy products with its eponymous token, which recently earned an Airdrop to some of his holders.
Always according to Coindesk, Ye will hold 70 % of the tokens supply Yzy – It is specified that it wanted 80 % initially, but that negotiations led to lower this threshold. The Tokenomics specify that the allocation of the American rapper will be released through a gradual unlock of 12 months.
The samecoin Yzy should have been deployed yesterday afternoon, but the launch was postponed to today, according to the source of Coindesk. The project team would have feared that the rain of criticisms around the Libra affair and the Argentine President to turn the launch of the Token Yzy.
GMGN: The platform to buy the same corners easily
A decision that raises questions
Jacket turning for Ye? The rapper said recently that he would not launch token, adding that the latter “tackled fans thanks to media”and that he was “too rich to do something else” than what fascinated him. The first tweet has however been deleted since.
In a message on X also deleted, Ye revealed, capture in support, that he had been approached to promote a same in exchange for $ 2 million, which he refused.
The person having approached him specified for information that not to offend his community, the rapper could freely say later that his account had been hack. An approach which also explains the multitude of accounts of personalities who promoted before a same before going back by using this pretext.
Earlier this month, through a publication once again deleted, since Ye displayed a screenshot of a conversation in which he sought to contact Brian Armstrongthe CEO of Coinbase, one of the largest exchanges of cryptocurrencies in the world. In other words, Ye's interest in cryptos is not zero.
On the Paris platform in Cryptos Polymarket, a Poll betting on the launch of a crypto by Ye flew by 20 % following the publication of the Coindesk article, going from 40 to 62 %.
Ye recently pointed out for having chained controversial remarks for the Jewish community on X, declaring himself Nazi assumed himself and claiming that he “loved Hitler”. On February 19, however, he declared via X ” After careful thinking, I realized that I was not a Nazi ».
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Source: Coindesk
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