Cryptoknowmics
2022-02-01 12:15:25

Kanye West Not Interested in NFTs, At Least For Now

American rapper Kanye West, who legally changed his name to Ye does not have any intentions of entering the NFT space, at least not for now. Ye stated that he is more focused on building physical products for the real world and not the digital one. In an all-caps Instagram post shared with his 10.5 million followers on Monday, the music mogul made it clear that he has no interest in launching or supporting NFTs at the moment. “STOP ASKING ME TO DO NFT’s I’M NOT FINNA CO-SIGN … FOR NOW I’M NOT ON THAT WAVE I MAKE MUSIC AND PRODUCTS IN THE REAL WORLD.” “MY FOCUS IS ON BUILDING REAL PRODUCTS IN THE REAL WORLD, REAL FOOD, REAL CLOTHES, REAL SHELTER. DO NOT ASK ME TO DO A F—ING NFT.” He signed off his letter saying, “ASK ME LATER.” which means he could get involved in NFTs sometime in the future. NFTs Takes Off in the Music Industry NFTs have taken over the music industry with artists like Kings of Leon and Grimes launching their new albums as NFTs. In fact, rap legend Nas became the first to release two new singles as NFTs on Royal, the latest music NFT platform launched by DJ Justin ‘3LAU’ Blau. Despite Ye not being interested in the digital NFT landscape, a slew of rappers specifically from the hip-hop domain has jumped on the hype. For instance, his colleagues Eminem, KSI, Future, DJ Khaled, Rich the Kid, and Post Malone have all aped into Bored Ape Yacht Club NFTs. Timbaland even went ahead to launch a production company to cr...

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