Famous rapper Kanye West plans to launch crypto token YZY. According to three people familiar with the project, Kanye will receive a 70% share, liquidity supply will account for 10%, and investors will account for 20%. The project information was disclosed by Yeezy Chief Financial Officer Hussein Lalani via email. The YZY token will be used as the official currency of the Yeezy brand and can be paid for on its website. The move is seen as circumventing platforms such as Shopify that have cut off cooperation due to their controversial remarks. The project was originally scheduled to go on sale on Yeezy's website at 6pm on February 21, but it has been postponed to February 22. People familiar with the matter said the reason for the delay was related to the token incident related to Argentine President Milei. Previously, Kanye said earlier this month that it would "not issue tokens" and said that "tokens use hype to prey on fans". But according to sources, Kanye plans to follow Trump's TRUMP token model, originally asking for an 80% share, which was eventually negotiated at 70%. The tokens held by his personal will be unlocked in stages for up to 12 months.