Ye ( Kanye West ) to Launch YZY Crypto Token
Rapper and entrepreneur Kanye West, now known as Ye, is reportedly preparing to launch his own cryptocurrency, YZY.
The token aims to create a censorship-resistant financial ecosystem for his brand, allowing fans to transact directly for Yeezy products. Reports suggest Ye will control 70% of the supply, with 20% going to investors and 10% for liquidity. The launch was initially set for February 20, 2025, but has been postponed.
While celebrity-backed coins are trending, concerns remain over centralization and potential risks.
"Investors are advised to proceed with caution".
