Kanye West’s bizarre super bowl advertisement did not only confuse the audience as it helped fuel an increase of 3,800% in Nazi-theme crypto.
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Kanye West is again caught in controversy, and this time, he did not give himself any favor. The rapper, which is rapidly known for its inflammatory statements rather than its music, broadcast a super bowl advertisement, since then winded the construction of a token on Solana (Sol) with a clear Nazi symbolism.
The advertisement in itself was unconventional, which was characterized by a west reclining on the chair of a dentist on his diamond chair. Filmed on an iPhone, the rapper claimed that he spent his budget on his dental work, forcing him to shoot an advertisement in a minimum fashion.
“So what’s happening, friends, I spent, like all the money put a commercial on these new teeth. So once again, I had to shoot it on the iPhone.”
Kanye West
Advertisement directed the audience to their website, Yigi[dot]Com, but no additional reference or promotional material provided. Instead of nationwide, broadcasting in selected regional markets, the message of advertising was secret, but it was enough to solve the reactions on social media.
When opening the website, a trader resembles a trader store, it has only one item: a T-shirt with a swastika called “HH-01” is likely to stand for “Ol Hitler”.
Shortly after the advertisement broadcast, a token token associated with the recent statements of West came to the decentralized exchanges. The same name was dubbed, according to data from the Solan-based token DEX screens, the price increased by more than 3,880% within hours. As a press time, the market capitalization of tokens is $ 2.7 million, with about $ 250,000 in lock liquidity.
West works were quickly criticized by public data and advocacy groups. Anti-Defection League and American Jewish Committee Criticized His message, while other celebrities, including David Shwimmer and Pierce Morgan, called For his social media ban. West, however, deactivated his own X account after posting a secret farewell message.
In another X post, just before the removal of his account, West also claimed that he was offered a $ 2 million to launch a token and scam his community. “I was proposed $ 2 million to scam my community,” he wrote, sharing a DM’s screenshot with an unknown person at an unknown time. “They left. I said no and cut the relationship with the person who suggested it. ,
Major red flag
Meanwhile, his controversial imagery tokens have created a debate within the crypto space. Some see it as a speculative opportunity, while others raise concerns about its centralized nature. As mentioned by an X user, about 10% of the token supply is owned by “four bundled wallets”.
The emergence of a meme coins bound by controversial figures or events is not new, but the latest example has once again discussed the moral implications of the business of such assets.
Vitallic Butterin of Ethereum first criticized the coins of the dictatorship, which advocated better quality projects. Butterin reported that “a group of Solana Memcoins has recently been openly super-racist,” highlights the prevalence of coins with names associated with the totalitarian regions, which it finds particularly related.
Even with the unexpected behavior of the West, he is still a loyal fan base, suggested with some that his actions are only misunderstood creativity.
There is a way to talk to people in the West, whether it is through their music, fashion, or disputes that he shakes. His ability to draw attention has been a major part of his career, and some believe that his unpredictory actually keeps his brand alive.
In one way or the other, the possible results of the latest functions of the West have not yet been seen. If he has got any direct participation in the construction or promotion of HH-01 tokens, he can withstand cases or investigation.
The situation suggests how the West attracts attention and keeps increasing the dispute, no matter the risk. But with rising criticism and potential legal issues, it is uncertain how long their work will remain uncontrolled before the officials’ move. It also highlights the growing relationship between celebrities and crypto speculation, raising concerns about morality and rules in the Crypto industry.
