RAPPER LIL YACHTY WHO IS BASED OUT OF ATLANTA, GEORGIA LAUNCHED HIS OWN TOKEN TODAY, $YACHTY, WITH PLATFORM FYOOZ.IO.
DISCLAIMER: THE LIL YACHTY TOKEN IS NOT CURRENTLY AVAILABLE TO USA RESIDENTS.
The token sale sold out in 21 minutes with 25,000 units sold bringing in a revenue of $375,000 USD. Due to high demand, a second batch of tokens will be issued tomorrow December 11th 2020 at 7 am EST with Fyooz.io.
The token released December 10th 2020 is a cryptocurrency which can be used for exclusive access to the performer and features yet to be released from Lil Yachty. Tokenizations such as this are becoming more common and popular with celebrities on a global level. Users can hold the token in a digital wallet and spend, sell or trade the token for promotions offered by Yachty himself or for its market value.
Yachty released his album Lil Boat 3.5 earlier this year in May 2020 with hit songs, “Flex up” and “Just How I’m Feelin’”. He was also nominated for a Grammy Award in 2017 for best rap/sung performance by D.R.A.M featuring Yachty with the song “broccoli”.
Yachty commented on the token launch, “I’m still new and learning about the crypto world, but I can tell you I’m partnering up with some very smart people to give my fans some dope experiences.”
The slogan #wearesocialmoney from Fyooz is a key element to the evolution of digital assets and tapping into the social economy which the world has not done until now. Other hashtags from Fyooz include #investinwhatyoulove which make clear the ability to connect fans with artists, performers, movements and other concepts for tokenization.
Lil Yachty will also be launching an NFT which means Non-fungible Token or a collectable cryptocurrency with Tyler Winklevoss, Cameron Winklevoss and Gemini Exchange on December 15th 2020 at 7 pm EST on Nifty Gateway. Fans are finally getting new ways to explore and connect with the things they love and become VIP’s to artists and other celebrities.
WATCH THE MUSIC VIDEO
LIL YACHTY, FUTURE, PLAYBOI CARTI – FLEX UP
https://www.youtube.com/embed/kGV5V_VIVc8?feature=oembed
https://youtu.be/kGV5V_VIVc8
Fyooz has mentioned they are in talks with other artists and performers soon to launch their own tokens but were unable to disclose who the next celebrity would be.
A live press release was made with Fyooz partner Pipo Semmler, Gokhshtein Media team members, David Gokhshtein and Ross Macdonald to discuss the Yachty token and Fyooz platform, which can be viewed here:
Semmler mentioned in the Live Press Release: “At Fyooz, we were asking ourselves, “What is after social media?” and right now people are sacrificing their time to give attention to artists, which is very valuable. So we are delivering a one to one connection to personalities and movements through our tokens.”
Watch for more exciting releases and for more information on tokens being released at Fyooz.io
DISCLAIMER: THE LIL YACHTY TOKEN IS NOT CURRENTLY AVAILABLE TO USA RESIDENTS.
2020 Gokhshtein Media LLC
