Rapper Ye (formerly Kanye West) is making his own cryptocurrency called YZY! It's like digital money, only for his Yeezy clothes. This is a big deal because Ye lost many deals with big companies after making upsetting comments.
- Ye is creating YZY cryptocurrency.
- It will be used to buy Yeezy clothes.
- Ye will own most of the coins at first.
- This is happening because he needs new ways to make money.
Fact | Number |
---|---|
Ye's share of YZY coins | 70% |
Investor's share | 20% |
Liquidity share | 10% |
Some coins locked up for | 12 months |