Kanye West is making waves in the cryptocurrency world, announcing his plans to launch his own blockchain. The rapper and entrepreneur, known for pushing boundaries in various industries, aims to establish a digital empire on his own terms.

West revealed his intentions in a tweet, sharing text messages suggesting his influence to create a blockchain potentially named "YZYCHAIN." The messages also discussed the lengthy development and funding of projects like Cardano, proposing that West fork Solana or Dogecoin to establish a network where users could mine tokens.

West has criticized existing memecoins, claiming they are "fake" and expressing his intention to launch his own coin. However, his suggestion for a token called "Swasticoin," a name associated with Nazi Germany, has sparked backlash due to his recent comments on the Jewish community.

West has explored multiple blockchain networks, including Ethereum, Solana, BNB Chain, and Hyperliquid. He has also expressed interest in connecting with Binance co-founder Changpeng "CZ" Zhao.

Sources close to West have confirmed his plans to launch a token next week, with 70% of the supply reserved for himself. The token may be called "YZY," potentially distinguishing it from the proposed "Swasticoin."

West's past attempts at monetizing Nazi imagery, such as the sale of "HH-01" T-shirts featuring a Swastika, have raised concerns. While West has declared his intention to launch his own blockchain, his erratic behavior leaves uncertainty about whether he will follow through or abandon the idea.