Kanye West has once again captured attention with his plans to create his own cryptocurrency, accompanied by controversial statements and community reactions.
Kanye West's Attempts to Launch a Cryptocurrency
On Saturday, Kanye West announced his ambitions to launch his own cryptocurrency. He shared conversations with various advisors discussing possible structures and approaches to creating a token.
Incident with CZ and Community Discontent
West abruptly followed Binance's founder CZ on social media, but after an unsuccessful request for his phone number, he erupted with offensive remarks. This sparked criticism and speculation about a potential collaboration, which CZ is likely distancing from in light of recent events.
Fraud Warnings and Community Reaction
Communities actively warn that West's social media posts may be part of a fraudulent scheme. It is reported that he sold access to his account to another person known in the crypto world for scams. Despite these warnings, Kanye insists on the authenticity of his intentions.
Despite initial ambitions, Kanye West's attempts to create cryptocurrency face serious criticism and distrust from both the public and market experts.