Kanye West wants nothing to do with NFTs

Kanye West wants nothing to do with NFTs - 122712619 gettyimages 1205196725American rapper, producer and stylist Kanye Omari West, also known as Ye, is strongly opposed to non-fungible tokens (NFTs). According to him, the objects that matter are those of the real world.

Not a fan of NFTs

Over the course of 2021, non-fungible tokens have emerged as an intriguing niche in which many celebrities, singers and athletes have put their feet (and a lot of money). Examples of the genre have come from the likes of Eminem, who launched his digital collection and has recently bought an NFT by Bored Ape for $ 462.000, Quentin Tarantino, who auctioned seven “secret NFTs” from his movie “Pulp Fiction”, and many more.

Unlike them, though, the famous rapper and one of the most influential musicians - Kanye West - isn't thrilled with this side of the cryptocurrency industry. In an Instagram post, he urged his fans to stop asking him "to do NFT". He revealed that he is committed to building products for the "real world" and not the digital one.

However, at the end of his statement, West added a small note that reads “Ask me later”, which could mean that he has not completely closed the door to the NFT realm. 

Not long ago, the American revealed that he is working on his latest album, called “Donda 2”, which will be released on February 22nd. For now, at least, it looks like cryptocurrency collectors hoping to own an NFT version of the album won't have that chance.

Joe Rogan sees NFTs as a scam

In September last year, popular commentator, comedian and podcast host - Joe Rogan - also spoke out against non-fungible tokens. He argued that their concept is difficult to understand and that they represent an obstacle in the digital asset industry:

“It is a strange confusion. I think he's like a cryptocurrency hustle. It doesn't make any sense to me ”.

Rogan wondered how so many people are fascinated by the idea of ​​spending a considerable amount of money on a digital artwork when they can download it for free:

"Here's my problem, I can have that photo and I can have it on my phone."

A few months before this statement, the American invited Reggie Watts to his show. The latter tried to explain what non-fungible tokens are and how individuals can interact with them. The discussion, however, was not particularly educational for Rogan, who said he "understands even less" after it.