Did Kanye change his mind and start issuing tokens? From Web2 to Web3
Character Collapse: From a righteous refusal of $2 million to a magical reversal of keeping 70% of the tokens for himself
Two weeks ago, Kanye publicly shared screenshots on social media, claiming that someone attempted to lure him into issuing a 'Rug Pull' Meme coin for a $2 million reward to profit from fans. He sternly stated: I am too rich to issue tokens; tokens are just a scam to exploit fans!
However, a shocking reversal suddenly occurred, as CoinDesk reported that Kanye is quietly preparing to issue his personal token YZY, and the distribution plan is simply jaw-dropping: 70% of the tokens will belong to him personally, only 10% will be used for liquidity, and the remaining 20% will be distributed to investors. This stands in stark contrast to his previous 'justice declaration', with netizens ridiculing: 'It turns out he wasn't refusing to issue tokens, he just thought $2 million was too little, and he wants to take 70% for himself!' Even more lamentable is that Kanye's team claims this move is to 'avoid the risk of being banned by e-commerce platforms due to controversial remarks', trying to package the token as a 'brand savior', but it cannot hide the blatant intention to make money.
The celebrity effect of issuing meme coins and using Web3 to exploit fans has already made the community extremely disgusted and strongly opposed; one issue arises, another dies
