Key Takeaways
- Kanye West has filed 17 new trademark purposes for his YEEZUS model, together with one which particularly covers non-fungible tokens.
- The 16 different purposes cowl a variety of makes use of, together with amusement parks, bodily and on-line retail shops, and sporting gear.
- The latest filings seem to mark a turnaround from West’s earlier stance on non-fungible tokens.
Share this text
The brand new submitting suggests West might have come round from his earlier anti-NFT stance.
Kanye Shifts Stance on NFTs
Kayne West might be getting ready to launch NFTs and different blockchain-based tokens, a brand new submitting suggests.
United States Patent and Trademark Workplace paperwork revealed Wednesday that the award-winning artist had filed 17 new trademark purposes, together with one which particularly covers blockchain-based non-fungible belongings, currencies, and tokens.
The application, dated Could 27, seeks to safe West’s YEEZUS trademark to be used in offering an internet market for patrons of cryptocurrencies, digital collectibles, and blockchain-based non-fungible collectibles, belongings, currencies, and tokens. The 16 different purposes in regards to the YEEZUS emblem cowl a variety of makes use of, together with amusement parks, bodily and on-line retail shops, toys, video games, sporting gear, clothes, and cosmetics.
The latest filings seem to mark a attainable turnaround from West’s earlier stance on non-fungible tokens. In a since-deleted Instagram submit from Feb. 1, West informed followers to “cease asking” him to create NFTs, stating he was extra occupied with “constructing actual merchandise in the true world.” Nevertheless, West ended his submit with “ask me later,” indicating that he wasn’t fully closed to the concept of launching NFTs sooner or later.
Now, it seems that Kanye West-themed NFTs could also be on the desk in spite of everything. These within the NFT neighborhood have lengthy speculated that West would become involved with NFTs eventually, citing profitable launches from different distinguished musicians. In February, Snoop Dogg launched his most up-to-date NFT assortment, “The Doggies,” in partnership with Metaverse sport The Sandbox, bringing in roughly $4.3 million in preliminary gross sales. Elsewhere, the Nike-owned RTFKT Studios has discovered success promoting digital sneaker NFTs, resulting in hypothesis that West may additionally comply with the same path along with his line of YEEZY sneakers.
As there are a number of attainable instructions West may go in using digital belongings, it’s not but clear what, if something, the musician will do first with the brand new trademark filings. Regardless, each NFT fans and Kayne West followers alike will likely be watching intently for a follow-up announcement within the coming weeks.
Disclosure: On the time of penning this piece, the creator owned ETH and a number of other different cryptocurrencies.
