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Cardano Founder Hoskinson Shuts Down Kanye West Rumors
In a sudden and surprising turn of events, rumors began circulating about Kanye West’s potential partnership with the Cardano blockchain. The speculation originated from suggestions that Ye had allegedly sold his personal X account (@kanyewest) for $17 million to a memecoin group called @barkmeta, with the intention of launching a cryptocurrency project.
However, the CEO of Cardano, Charles Hoskinson, has swiftly put an end to these speculations. In response to concerns about Ye’s involvement in any official capacity with the project, Hoskinson stated: “He wants money and help to launch it. No one serious in Cardano is going to do it.”
Hoskinson’s dismissal underscores Cardano’s commitment to maintaining its position as a serious blockchain project. While the open-source nature of blockchain technology permits anyone to build on Cardano, Hoskinson has made it clear that the company does not intend to partner with Kanye West.
ADA remains below the 0.236 Fibonacci level (Source: TradingView.com)
ADA remains below the 0.236 Fibonacci level | Source: TradingView.com
The controversy surrounding Ye’s antisemitic remarks and associations has led some in the crypto space to view his potential involvement as a potential lifeline after he was dropped by key partners like Adidas and Balenciaga.
It is unclear whether these rumors have any basis or if there are any plans for Kanye West to launch a cryptocurrency project.
Source: https://bitcoinist.com/cardano-founder-shuts-down-kanye-west-rumors/
