Charles Hoskinson, the founder of Cardano, expelled rumors of a link to connect the hip -hop -Kanye West artist, now known as Ye, has launched symbolic proposed on Cardano Blockchain. In a summary video posted on X (previously Twitter), Hoskinson poured cold water on speculation that you may launch an encrypted currency project under the Cardano umbrella.
No Kanye West project on Cardano
“Hello guys, I wanted to make a quick video to say that Kanye West will not give anything to Cardano”, Hoskinson He said. “I know some people talk about it, but it doesn’t seem to do anything of value. He seems to have sold his account on Twitter $ 17 million for Barkmeta men to do fraud. Even if he doesn’t, I don’t think we want it. It’s a lot of drama .
He added: “Cardano is a dangerous project. We are not a launching place for these types of things. So I thank you all for the drama on the weekend, but I don’t think there is anyone at all.”
It is worth noting that the controversy started on Friday, when three sources close to the Yi circle claimed that the artist was planning to issue a distinctive symbol called Yzy – a reference to his commercial brand. According to these sources, 70 % of the special code will be allocated to YE, with 10 % of liquidity saving and 20 % for investors.
Rumors suggested that Yzy would be a way to overcome prevailing payment and e -commerce such as Shopify, which cut relationships with him in response to anti -Semitic data and other hate speech. Some see Yi’s movements in the encryption space as a potential lifeline after it was dropped by the main partners, including Adidas and Balnasga, to provoke Adolf Hitler and make anti -Semitic notes in live interviews and on social media.
Parallel to Talk of Ye’s Crypto Ampits, Whispers was generalized that the artist sold his personal account X (Kanywest) for $ 17 million for the Memecoin group known as Barkmeta, probably to facilitate widespread fraud. Execution of encryption, flying Loki (@lokithebird), Nourish Speculation of writing: “Kanny West sold his account to the Barktuta Doginals crew for $ 17 million – she is preparing for the entire fraud process. Participate for awareness and save Web3.”
There was also a picture spinning, showing two phones claiming to be recorded to Barkmeta and @kanywest simultaneously. However, I quickly thought of any involvement with these individuals or any sale of his account, saying: “This is fake, I don’t know this person.”
Hoskinson’s dismissal for any official relationship with Kardano’s commitment devices is broader to maintain its position as a “dangerous project”. While the open nature of the source of Blockchain technology means that the permission is not accurately required to build on Kardano, Hoskinson explained: “He wants money and helps in its launch. No one is serious in Kardano to do so,“ closing the door effectively on any partnership.
At the time of the press, ADA was traded at $ 0.74.
Distinctive image from YouTube, Chart from TradingView.com
