YZY MONEY Celebrity Effect and Crypto Innovation Analysis

10/31/2025, 9:10:41 AM
Kanye West brings the brand into the encryption currency field, launching YZY MONEY and the token YZY, sparking market discussions on the Solana blockchain.

Kanye West enters the encryption market and his first day performance

On August 21, 2025, Kanye West officially launched YZY MONEY and the token YZY, deployed on the Solana blockchain. Thanks to the star effect, YZY’s market capitalization rapidly soared to $3 billion in just half an hour, then fell back to about $1.7 billion, becoming the focus of the crossover between music and blockchain.

Token allocation structure and potential risks

Official information shows that the YZY token distribution includes 20% public issuance, 10% liquidity pool, 30% held by Yeezy Investments LLC (locked for 3 months, 24 months linear release), 20% held by the team (locked for 6 months), and 20% for the ecological fund (locked for 12 months). The high proportion of holdings by the team and institutions poses a risk of centralized tokens, attracting market attention.

Ye Pay and YZY Card: Payment Ecosystem Development

The Ye Pay payment system, launched in sync with the token, offers a transaction fee advantage of less than 3.5% compared to traditional payments, supporting e-commerce platforms and applications. The Kanye official store now supports encryption payments, and in the future, it will enable direct payment options with YZY tokens, creating a brand ecosystem closed loop. Additionally, the YZY Card adopts a decentralized non-custodial design, allowing users to spend at millions of merchants worldwide, and is now open for a waiting list.

Market skepticism and insider concerns

Despite having a large fan base, YZY still faces market skepticism. The early liquidity pool lacked support from stablecoins, and the control of tokens was centralized. The community discovered that some suspected internal wallets bought large amounts before the official announcement and quickly cashed out millions of dollars, raising suspicions of insider trading and triggering concerns about fund security.

Investor Notice and Risk Warning

Currently, about 94% of YZY is concentrated in internal holdings, with many individuals focusing on a single multi-signature wallet. Although the official claim is to set up 25 contract addresses to disperse risk, it still fails to eliminate external concerns. Star projects attract traffic, but they are highly volatile and difficult to control in terms of risk. Investors need to remain rational and should not be misled by short-term trends.

summary

YZY MONEY is Kanye West’s innovative attempt to combine music and fashion with encryption finance. The payment system and ecological layout have potential, but the token economic design and transparency still need to be tested by the market. Investors should pay attention to token distribution and market dynamics, and participate cautiously.

* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.