Kanye West says no to NFTs

Share This Post

It’s a blow for the NFT space as Kanye West, or Ye, lashes out against the tokens in an Instagram post.

Kanye West won’t be purchasing a Bored Ape Yacht Club nonfungible token (NFT) any time soon. 

In a strongly worded Instagram post made on Monday, Ye stated “Do not ask me to do a f*cking NFT.” The message in the photo, shared with his 10.5 million followers, explains he is focused on “building real products in the real world.”

He didn’t mince his words in a follow-up comment to the Instagram post:

“STOP ASKING ME TO DO NFTs I’M NOT FINNA CO-SIGN … FOR NOW I’M NOT ON THAT WAVE I MAKE MUSIC AND PRODUCTS IN THE REAL WORLD”.

Whereas celebrities including Neymar, Eminem and Jake Paul who made cash grabs for NFTs in 2021, the billionaire and former presidential candidate Kanye West is categorically in opposition to the virtual tokens.

Related: NASA blasts NFTs, says they won’t take off with its imagery

Kayne West joins a growing list of NFT-skeptics, including celebrities such as Keanu Reeves. Movie star Reeves joked in an interview for the Matrix Resurrections that NFTs are “easily reproduced.”

Unlike Reeves’ character Neo, who is trapped in the Matrix, Ye will continue to work on “real products” in the “real world”. West’s album Donda 2 is scheduled for release on Feb. 22. Meanwhile, NFT fans will wonder how Ye could be so heartless?

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Dogecoin Large Transactions Surge 41% With 35% Uptick In Daily Addresses, Will Price Follow?

Dogecoin has seen a significant uptick in activity over the past few hours as its price begins to rebound following a correction over the weekend Over the last 24 hours, there has been a notable

MicroStrategy to Raise $1.75 Billion to Expand Bitcoin Holdings

The post MicroStrategy to Raise $175 Billion to Expand Bitcoin Holdings appeared first on Coinpedia Fintech News Following a significant $46 billion Bitcoin (BTC) purchase, MicroStrategy’s (MSTR)

Michael Saylor’s Poll: Most Believe Bitcoin Will Hit $100K by New Year

Michael Saylor’s poll ignites excitement as 856% of voters predict bitcoin smashing $100K by year’s end, fueled by record highs and massive Microstrategy buys Bitcoin $100K Target

Binance launches yield-bearing stablecoin BFUSD with roughly 20% APY

Binance has launched BFUSD, a yield-bearing stablecoin for futures and perpetuals traders, according to a Nov 18 announcement BFUSD provides an annual percentage yield (APY) of approximately 1955%,

Is The Dogecoin Price Rally Over? Analyst Reveals Why There’s Still Room To Run

The Dogecoin price correction extended throughout the weekend, teasing what might be the steady end of a powerful rally in the previous four weeks The popular meme-based cryptocurrency dropped to a

Coinbase CEO Advocates Ending Individual Income Tax Entirely, Shifting Burden to Businesses

Coinbase CEO Brian Armstrong wants to scrap income taxes entirely, dumping the 150,000-page tax code and shifting the chaos to businesses Coinbase’s CEO Challenges America’s Tax Code Chaos