A rapper sells a digital currency bearing his name for $375,000 in 21 minutes
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Answer A rapper sells a digital currency bearing his name for $375,000 in 21 minutes
The crypto craze continues and the ICO craze continues as well.
Yesterday, 23-year-old rapper Lil Yachty, who was nominated for a Grammy Award, sold $375,000 worth of YACHTY ICO coins.
Sold “Yachty” via Social Funding Platform”Fuse25,000 digital coins, equivalent to 25% of the entire supply of YACHTY, at $15 per coin.
To be sold all, and achieve $ 375,000 in 21 minutes and 41 seconds, according to a statement published by the “Fyooz” website.
Fyooz split the money between itself and Lil Yachty.
The sale was open to all but certain jurisdictions, including the Native American state of the “Lil Yachty” singer.
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“Lil Yachty,” whose real name is “Miles McCollum,” said in a statement to source It stated:
I’m still new and learning about the world of crypto, but I can tell you that I’m partnering with some very smart people to give fans some psychedelic experiences.
According to Fyooz, owning the cryptocurrency Yachty will give rapper fans exclusive access that no one else can get.
This includes surprise boxes prepared by Yachty’s mother, containing some of Lil Yachty’s personal items as well as the ability to video chat with Lil Yachty.
According to the statement, the video chat will be fun and guaranteed!
Remo Prinz of Fyooz said:
Selling the digital currency YACHTY proves that there is a growing demand for social funds.
We are at the forefront of a new kind of economic relationship between artists, actors, athletes, players and influencers to engage their fans.
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