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Kanye West has plans to enter the metaverse and the NFT area after rallying towards each these industries up to now, so let’s discover out extra as we speak in our newest cryptocurrency information.
The producer and rapper Kanye West shared an Instagram picture of a observe which included the road “Don’t ask me to do a fucking NFT” including “ask me later” and regardless of the reticence, it appears that evidently Kanye West has plans to enter the metaverse area based mostly on the newly filed trademark utility. West’s Mascotte Holdings filed 17 trademark purposes with the US Patent and Trademark Workplace together with mentions of a possible NFT asset and different metaverse experiences so one submitting even famous there’s potential for offering a web based market for the patrons of crypto and different kinds of property.
The purposes all middle on using the YEEZUS model which was the identify of their 2013 album of Kanye. The trademark lawyer Josh Gerben from Gerben Mental Property found the filings and famous that the purposes had been filed on Could 27 and span a wide selection of potential merchandise exterior of the crypto area like attire, video video games, amusement parks, cosmetics, and retail shops. The filings solely listed just a few fundamental descriptions of potential product choices and don’t go into element in regards to the kinds of NFTs that West may pursue or what sort of metaverse expertise he might ship.
The NFTs are blockchain-based property that work as proof of possession and it’s typically used for digital works like profile photos, illustrations, music recordsdata, and online game objects. The metaverse refers back to the immersive future evolution of the web the place individuals use avatars to socialize and to even play and work. If West doesn’t enter the Web3 area with an NFT or one other metaverse expertise, he’ll enter the area crowded with different rappers. Snoop Dogg already launched quite a few NFTs and collaborated with the Sandbox and claims to be the pseudonymous NFT collector Cozomo de’ Medici.
Additionally, Ice Dice’s Big3 skilled basketball league has decentralized workforce possession within the type of NFT stakes which Snoop Dogg and different artists invested in. NAS is one other rapper that was an early investor in Coinbase and launched music NFTs through the Royal platform.
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