News and analysis on encrypted currencies, Blockchain and decentralized financing

The famous rapper Kanye West has announced the launch of a new mechanical called Yzy. However, the distribution structure raises questions: 70 % of the total offer It will be reserved for the West, and only leave 10 % for liquidity and 20 % for investors. This step raises doubts about the actual Decentralization From the project.

Soon: Memecoin from Kanye West: Inspiration and Temple of the Project

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The distinctive code follows YZY Model Trump codeOne of the digital assets that has gained a great vision thanks to the former president Donald Trump. However, the distribution of the offer raises concerns: The majority of the symbols will remain in the hands of Kanye WestReducing investor control over the project.

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Memecoins often feature high fluctuations and dependence on market morale. In this case, it seems that the project More associated with the image of Kanye West From any real technological or financial innovation.

Distinguished symbol distribution: a controversial choice

One of the most discussed aspects is Distinguished code customization. It will be held 70 % of the offer by Kanye WestWhich can strongly affect the value of the distinctive symbol. only 10 % will be customized for liquidityIt is a number that can make trading in the distinctive symbol on secondary markets difficult. residual 20 % will be reserved for investorsSomewhat small percentage compared to more transparent criteria Encryption Projects.

This distribution raises doubts about decentralization in the project and its actual sustainability over time. If one individual keeps the majority of the symptom, the risk of injury Price treatment It becomes high.

Kanye West and the controversial relationship with encrypted currencies

Over the years, Kanye West has expressed contradictory opinions about encrypted currencies. In the past, he stated that digital currencies The exploitation of the fans It leads them to invest in risky assets. This statement contrasts with his current decision to launch his MEMECOIN.

The credibility of the encryption project is largely dependent on society’s confidence. The fact that the West has criticized this sector in the past can be an obstacle to attracting investors who really care about the project.

The effects of the bull market in the encrypted currencies

Yzy’s launch is part of a wider direction for celebrities who enter the world of cryptocurrencies. However, many of these projects have caused criticism Lack of transparency And for the risk of speculation.

The primary liquidity of the distinctive symbol can lead to Strong price fluctuationsAttracting investors looking for quick gains instead of long -term supporters. Moreover, the concentration of most of the symbols in Kanye West increases the risk of a Centralism From the project.

conclusion

Memecoin Yzy is a new battle by Kanye West to the encrypted currency sector, but it is The distribution structure raises many concerns. with 70 % of the Western symbolsThe project appears to be more like a associated with its image more than a real, decentralized investment opportunity. Investors must assess carefully associated risk with low liquidity and fluctuate this type of asset.