Cryptocurrency Named After Kanye West
While many can argue whether or not Kanye West is the God he proclaims to be, Yeezus can add another convincing argument to his case. Now the face and inspiration of the newly emerging form of cryptocurrency, Coinye West, Kanye seems to be well on track as starting 01/11/14, Ye' will have a currency named in his honor and he did nothing to launch it.
Cryptocurrency is a decentralized peer-to-peer utilized medium used for digital exchanges on global-friendly internet platforms. The most celebrated and acknowledged type of cryptocurrency is “Bitcoin,” a currency exchange infamously known for it’s frequent trade on black markets to purchase firearms and drugs. In the past, the currency’s value was listed at $1,000 per Bitcoin.
The College Droupout isn’t in anyway affiliated with the project, but in an interview with Noisey – the Coinye creators explained their thought process behind naming their Cyprtocurrency after ‘Ye,"We chose to represent Kanye because he is and always has been a trendsetter, and he’s always keeping things unique. I can picture a future where Coinye is used to buy concert tickets, with cryptographically verified virtual tickets, and other ideas I can’t give away just yet.”
The start-up founders also reassured their company’s name isn’t a publicity plea, even adding an open invitation to the G.O.O.D. Music head-honcho, "We’d love if Kanye named dropped Coinye," said the founder. "I think he’s gonna love that there’s a CURRENCY named in his honor. We don’t want to pay him off to name check us, but it’d be sick if he does so. In-fact, we’re making an open invitation to Kanye: Get hold of us at coinyewest.com and we’ll send you 100,000 COINYE on launch. A hundred thousand. Bitcoin started small too, and now look where it’s at."
After reading the interview in it's entirety, you'd be convinced the group's founders are die-hard Yeezy stans. In true Kanye fan fashion, Coinye's official's website quotes one of the rapper's most popular punchlines as their mantra: "I don't know whats better, gettin laid or gettin paid..."
Now I ain't sayin she a Gold Digger...