defioasis.eth|Feb 23, 2025 12:07
Kanye West @ kanyewest and the cryptocurrency industry
In a report released in March 2023, Kanye West estimated total net assets to be $2.36 billion, of which approximately $30 million was invested in Crypto, including BTC and ETH; The investment value of NFT is about 10 million US dollars, including its own NFT series, digital artworks, and other NFTs.
Coinye Token
In 2014, a cryptocurrency called Coinye was launched inspired by Kanye West, featuring a cartoon image of Kanye West combined with the body of a fish. The project had no connection with Kanye West or the team, and later a cease and desist letter was issued through legal means, ultimately leading to the project development team abandoning the project. Coinye's official website was later replaced with 'Coinye is dead'. You won, Kanye "statement.
Previously publicly supported BTC
In October 2020, Kanye West expressed a positive view of the Bitcoin and cryptocurrency communities on Joe Rogan's podcast, mentioning that the "geniuses" of the Bitcoin community have a unique perspective on the "true liberation of America and humanity".
The potential association between Yeezus and NFTs
Kanye West had explicitly stated in 2022 that he would not participate in NFTs, but he later applied for 17 trademarks, including NFTs, for the Yeezus brand.
Recent coin issuance 'warning'
In early February 2025, Kanye West revealed that he had rejected a $2 million cryptocurrency fraud promotion proposal involving the promotion of a fake "ye currency". But recently, all posts of Kanye West have been cleared, and there have been rumors of selling accounts for $17 million and launching YZY tokens as the official currency of the Yeezy brand, with 70% reserved for Kanye West.
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