A few weeks ago, when Donald Trump NFTs was launched, Parler made waves in the crypto community thanks to its right-leaning social network. According to Parler, Kanye West is a controversial entertainer who supports former President Donald Trump.
Ye, who is no stranger to cryptocurrency and Bitcoin, sang praises for the technology on The Joe Rogan Experience’s October 2020 episode. He said, “The bitcoin guys have an idea of what true liberation for America and humanity will look like.”
A photo of Ye in a “Satoshi Nagamoto” hat was shared on social media.
Parler’s purchase comes after West’s Instagram and Twitter accounts were suspended earlier this month for “antisemitic remarks. He won’t have to worry about that with his own platform.
Parler says the agreement will close in the fourth quarter of 2022. Parler Technologies, Parler’s parent company will provide ongoing technical support.
Parler was launched in September 2018 and has been billed as a Twitter alternative to free speech.
Parler was taken out of the Apple and Google Play App stores following the January 6 capital riot. Parler was also removed by Amazon Web Services (AWS), citing its inability to police violent and questionable content.
Parler was restored to service on February 15, 2021 with additional content filters. The app was re-released to the Apple App Store in May 2021 and Google Play in September 2022. Parler also announced that $16 million had been raised in Series B funding.
According to analytics website similarWeb, Parler had 1.3million visitors to its website in August. Contrary to that, Trump’s Truth Social had 9 million monthly visitors, with 6.8 billion tweeting and 18.2 billion visiting Facebook.
Parler’s NFT marketplace DeepRedSky was launched in March. Parler’s first launch featured a line of digital art called ” CryptoTRUMP club”, featuring Trump’s image. The Babylon Bee, Brandon Tatum and the POTUS TUMP NFT collection, which was headed by Melania Trump, were later collections.
“I wanted you to know, to avoid any confusion that her decision to use the Solana Blockchain was completely organic and this project isn’t part of any Solana led initiative,” a representative said to Decrypt.
Non-fungible tokens (also known as NFTs) are cryptographically distinct tokens that can be linked to digital or physical content or memberships and provide proof of ownership.
Parlement Technologies is positive about West’s potential ownership.
Parlement Technologies CEO George Farmer stated in a blog that “this deal will change and change the global thinking about free speech.” “Ye is making an innovative move into free speech media and will never be removed from social media.
Farmer said, “Ye once again proves that legacy media narrative is one step ahead of him,” “Parlement will be honored and help him reach his goals.”