Kanye’s diving into crypto, planning “YZYCHAIN,” but backlash hit after he mentioned “Swasticoin.” Token drop next week—70% for himself.
Kanye West is back in the headlines, and this time it’s all about crypto. Ye just announced plans to launch his own blockchain, supposedly called YZYCHAIN, aiming to build his own digital empire instead of relying on existing platforms.
He dropped the news on X, sharing texts from someone named Edward, who hyped him up, saying he’s got the influence to make it happen. The idea? Fork Solana or Dogecoin and let users mine tokens to power the network.
But things got messy real quick. Ye went off on memecoins, calling them fake, and then suggested launching a token called “Swasticoin”—which, yeah, is as bad as it sounds. This sparked major backlash, especially given his history of controversial takes.
Ye’s been checking out different blockchains like Ethereum, Solana (which he spelled “Solona”), BNB Chain, and Hyperliquid. He also tried linking up with Binance co-founder CZ, who just hit him with a thinking emoji.
Word is, Ye’s dropping a token next week, with 70% of the supply going straight to him. Whether this actually happens or is just another wild Ye moment, only time will tell.
Also Read: Breaking: Bybit Hit by Massive Hack, $1.5 Billion in Crypto Stolen
