PANews reported on February 23 that American producer and rapper Ye (Kanye West) tweeted, "YEEZY is committed to creating a real currency. No matter what field I enter, I will learn from the best and treat their life's work with the highest respect."

Earlier news , according to X user @afhasbara, Kanye sold the publishing rights of his X account to @barkmeta for $20 million before the release of cryptocurrency, and his agent John Monopoly charged a 15% fee. The cryptocurrency tweets Kanye is seeing now are obviously not sent by him.