Kanye West gets his own virtual currency...The Coinye West
New virtual currency to coin in with rapper Kanye West
A new virtual currency that declares itself inspired by singer Kanye West is set to launch next week.
The Coinye West hopes to emulate the success of other virtual currencies such as Bitcoin.
Contrary to what its name would suggest, the online business is not affiliated with Kanye West, but its creators hope to win the rapper’s approval.
In an interview with Vice's music channel, Noisey, creators said: “We chose to represent Kanye because he is and always has been a trendsetter, and he’s always keeping things unique.”
They say they can “picture a future where Coinye is used to buy concert tickets, with cryptographically verified virtual tickets.”
They have offered the controversial star 100,000 Coinye ahead of the launch on 11 January, under the slogan “WE AIN’T MININ’, WE PICKIN’.”
Asked if they feared the reaction from West, known for his short temper, the creators, who have stayed anonymous, claimed he is “ going to love that there is a currency named in his honour.”
But admitted West isn't one to mess with and hope that the Grammy winner doesn't get "p***d off".
Coinye West has not provided further details about its operations or how many people are involved. Kanye West is yet to comment.
- 1 PlayStation and Xbox hacked by Lizard Squad
- 2 Christmas comes early to Hong Kong, as millions of bank notes spill out onto busy street
- 3 The 'Black Museum': After 150 years, public can visit police’s grisly crime museum
- 4 British actor Idris Elba cannot star as James Bond because he is black, says shock jock Rush Limbaugh
- 5 Vagina canoe artist defends herself over ‘obscenity’ charges
PlayStation and Xbox hacked by Lizard Squad
Antonio Martin shooting: Black teenager may have tried to ambush patrolman, says police officer's lawyer
Katie Hopkins speaks out on childhood obesity: 'Parents of fat children should be prosecuted for child cruelty'
Boxing Day snowfall set to push even more bargain-hunters online for sales
The 'Black Museum': After 150 years, public can visit police’s grisly crime museum
British actor Idris Elba cannot star as James Bond because he is black, says shock jock Rush Limbaugh
Rozanne Duncan: Ukip expels councillor for 'jaw-dropping' comments made in BBC TV interview
Germany anti-Islam protests: 17,000 march on Dresden against 'Islamification of the West'
Ukip member gets into Christmas spirit with Union Flag plea to Santa 'for our country back'
BBC director Danny Cohen: Rising UK antisemitism makes me feel more uncomfortable than ever
Alex Salmond has 'broken his word to the Scottish people' says Scottish Lib Dem leader
iJobs Money & Business
Highly Competitive: Selby Jennings: Our client, a leading European Oil trading...
£43500 per annum + pension + holidays: The Jenrick Group: Night Shift Operatio...
£20000 - £25000 per annum + OTE £40,000 + Car + Pension: SThree: SThree are a ...
£20000 - £25000 per annum + OTE £35K: SThree: We consistently strive to be the...