Charles Hoskinson, the founder of Cardano, firmly denied rumors regarding Kanye West’s intention to launch a token on the Cardano blockchain. In a short video on Platform X (formerly Twitter), Hoskinson stated that Kanye West has no plans to launch a project on Cardano and even if he did, Cardano is not interested in collaborating. He emphasized that Cardano is a serious project and not a place for launching such projects. This reaction came after rumors of Kanye West’s intention to launch a token named YZY. Additionally, rumors of Kanye West selling his personal account on Platform X for $17 million to a group called @barkmeta were debunked by Kanye West. Hoskinson, by disavowing any official connection with Kanye West, underscored Cardano’s commitment to maintaining its position as a ‘serious project’.
