Kanye West again makes waves, this time focusing on cryptocurrency. The Rap icon and entrepreneur has announced his intention to launch his blockchain, signaling his ambition to build a digital empire in his words. Known to push the limits of fashion, music and business, you now focus on building its financial ecosystem, noting that he is not only playing the game; He wants to rewrite the rules.
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West made the revelation in a tweet, sharing a photo of text messages from an individual named Edward. The messages suggest that you have enough influence to build your blockchain, potentially called “Yzychain”.
The text also indicated how projects like Cardano have taken years to develop and have fully increased billions of billions in the process. The idea was that Kanye could land Solana or even Dogecoin to create a network where users operate the tokens to support the ecosystem.
https://twitter.com/kanyewest/status/1893123962428891160
But that’s not all. You have attacked the same existing by saying that they are false and intend to launch a coin. But he sparked a storm of fire with a suggestion for a token called “Swasticoin”, a name associated with Nazi Germany. This only fired the counterpoup against his recent comments on the Jewish community.
You have explored several blockchain networks, appointing Ethereum, Solana (spelled “Solona” by Ye), BNB chain and hyperliquid. And it is also apparently very interested in connecting with the co-founder of Binance Changpeng “CZ” Zhao.
He even caripated one of the CZ posts attacking decentralized exchanges. CZ reacted later with a thinking emoji and a remark on the number of Ye arrow followers.
Sources close to you have confirmed that he planned to launch a token next week, with 70% of his supply to himself. The report also mentioned that the token could be called “Yzy”, suggesting that it could be a different project of “swasticoin”.
This is not Ye’s first attempt to monetize Nazi imagery. He recently sold t-shirts labeled “HH-01”, which represent “Heil Hitler”, with a swastika. The controversy has intensified when an advertisement of the Super Bowl directed viewers to its website, although it did not explicitly announce the shirts before the retirement of the site.
While you have declared, “time to launch my own blockchain”, its erratic behavior leaves room for uncertainty. That he follows or abandoned the idea, remains to be seen.
Read also: The CEO of Bybit, Ben Zhou, calls a scam in the middle of the launch of Mainnet