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Kanye West, the billionaire artist and businessman, has fabricated it bright that he is not absorbed in abutting the bazaar for non-fungible tokens, which accomplished a account of $41 billion aftermost year – at atomic not appropriate now.
Kanye West Believes NFTs Are Not Real
In a amusing media account on Monday night, the American rapper and artist fabricated it bright that he had no absorption in entering the agenda art apple in that way.
In a acerb worded hadwritten post, the rapper said:
He acclaimed that he has accustomed a cardinal of requests to actualize NFTs, or blockchain-based agenda representations of music, art, and added objects.
Meanwhile, Kanye West is alive on his Yeezy cast of sneakers for Adidas and his Yeezy accouterment band for Gap. “Donda,” his best contempo album, was appear in August. As far as approaching West’s music is concerned, the rapper is currently at assignment on his accessible anthology Donda 2.
According to blockchain abstracts aggregation Chainalysis, the admeasurement of the NFT industry in 2021 grew to $41 billion, communicable up to sales in the acceptable art sector, which totaled $50 billion in 2020.
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Celebrities Are Torn On The NFT Market
Many musicians and celebrities, including rapper Snoop Dogg, Def Jam Recordings architect Russell Simmons, Paris Hilton, Eminem and Jake Paul, and NFL amateur Tom Brady, accept bought NFTs or bidding absorption in the NFT market.
In 2024, Model Emily Ratajkowski, who awash an NFT account of herself blue-blooded “Buying Myself Back: A Model for Redistribution” via Christie’s. A growing cardinal of celebrities accept additionally gotten on the agenda badge bandwagon, including Grimes, Ja Rule, and Lindsay Lohan.
Kayne West joins the growing cardinal of NFT critics, which includes celebrities like Keanu Reeves. In an account announcement the Matrix Resurrections, cine amateur Reeves joked that NFTs are “easily reproduced.”
According to CoinDesk, those in the crypto amplitude accept that 2022 will be the year of music NFTs, with the technology “inevitably change aggregate about music administration and rewire the foundation of the music industry.”
Nonetheless, West has absitively to break abroad for the time being: “Ask me later,” he acquaint on Instagram.
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