After railing against NFT pitches, the entertainer and rapper appears to be moving into the Web3 space.
Kanye West , a rapper, producer and fashion designer, shared an Instagram photo of a handwritten message that contained the following line: “Do not ask us to do a Fucking NFT” (he also added “Ask me later.”). He may have plans to enter this space despite his apparent reticence. This is based on recently-filed trademark applications.
West’s Mascotte Holdings Inc. filed 17 trademark applications with United States Patent and Trademark Office. These include mentions of possible “non-fungible assets and ” Metaverse experiences” and potential “providing an on-line marketplace for buyers crypto and/or digital collectibles, currencies tokens and assets.”
All of the applications are centered on the YEEZUS trademark, which is the name of West’s 2013 album and a long-running tour. Gerben Intellectual Property’s trademark attorney Josh Gerben discovered the filings. also tweeted about them today.
These applications were filed May 27th and cover a broad range of products that are not in the crypto space such as apparel, video games or retail stores, amusement parks, cosmetics and many more.
The filings only provide a very brief description of possible product offerings and don’t go into detail about West’s NFTs or the metaverse experiences that he might deliver.
An NFT, a blockchain-based token, is used to prove ownership. It is commonly used for digital works such as illustrations, profile photos, music files, and game items. The metaverse is a future version of the internet that uses avatars to socialize and work.
He will be joining a growing number of other rappers in the realm, which is increasingly crowded. Snoop Dogg has published numerous NFTs and collaborated With The Sandbox an Ethereum-based Metaverse world. Cozomo De’ Medici, a pseudonymous collector of high-value NFTs, claims that he is also.
The decentralized ownership of Ice Cube’s BIG3 professional league basketball team is in the form of NFT stakes . This Snoop dogg and other prominent people involved in the NFT scene (such entrepreneur Gary Vaynerchuk), have invested in. Another rapper in the space is Nas, who invested in Coinbase early and has issued music NFTs through the Royal platform.