Kanye West’s Crypto Dreams Crushed by Cardano’s Founder – You Won’t Believe This!

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So, here we are, folks! Cardano‘s very own Charles Hoskinson has just thrown a bucket of ice water on the sizzling rumors that Kanye West, or should I say Ye (because who needs a last name when you’re a genius, right?), is about to drop a token on the Cardano blockchain. In a delightful little video on X (formerly Twitter, because rebranding is all the rage), Hoskinson made it crystal clear: “No, no, no! Not on my watch!”

No Kanye West Project on Cardano

“Hey guys, I wanted to make a quick video to say Kanye West is not going to launch something on Cardano,” Hoskinson said. “I know some people are talking about it, but it doesn’t even look like he’s actually doing anything of value. Looks like he sold his Twitter account for 17 million dollars to the Barkmeta guys for them to do a scam. Even if he didn’t, I don’t think we want that. It’s too much drama.”

Oh, bless his heart! He continued, “Cardano is a serious project. We’re not a launching place for these types of things. So thank you all for the drama for the weekend, but I don’t think there’s any Kanye at all.” Because, you know, who needs that kind of chaos in the crypto world? 🙄

Now, let’s rewind a bit. The whole kerfuffle kicked off on Friday when three “sources” (probably his mom and two friends) claimed Ye was planning to unleash a token called YZY—because why not name it after your shoes? Apparently, 70% of this token would be Ye’s, 10% for liquidity (whatever that means), and 20% for investors. Sounds like a recipe for disaster, doesn’t it? 🍵

Rumors suggested that YZY would help Ye dodge mainstream payment platforms like Shopify, which cut ties with him faster than you can say “antisemitic remarks.” I mean, who wouldn’t want to bypass the big guys after being dropped by Adidas and Balenciaga for praising Hitler? Talk about a comeback! 🙃

Meanwhile, whispers were flying that Ye sold his personal X account (@kanyewest) for a whopping $17 million to a memecoin group called @barkmeta. Because nothing says “trustworthy” like a group with “bark” in their name, right? Crypto influencer Loki The Bird (@lokithebird) even chimed in, saying: “Kanye West sold his account to the BarkMeta Doginals crew for $17M—they’re gearing up to scam the entire space. Share for awareness and save Web3.” Because sharing is caring, folks! 🐶

And just when you thought it couldn’t get any juicier, an image popped up showing two phones logged into @barkmeta and @kanyewest at the same time. But Ye was quick to deny any involvement, stating, “This is fake, I don’t know this person.” Classic Ye, right? Always keeping it real! 🙈

Hoskinson’s firm rejection of any Ye connection really highlights Cardano’s commitment to being a “serious project.” While anyone can build on Cardano (thanks, blockchain!), Hoskinson made it clear: “He wants money and help to launch it. No one serious in Cardano is going to do it.” Ouch! That’s a hard pass, my friends! 🚪

As of now, ADA is trading at $0.74. So, if you’re looking for a serious investment, maybe steer clear of the drama and stick with the numbers! 📈

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2025-02-24 10:13