Internet reports that well-known rapper Kanye West plans to launch the encryption token YZY. According to three people familiar with the project, in the token allocation plan, Kanye will personally receive 70% of the share, liquidity supply will account for 10%, and investors will account for 20%. The project information was disclosed via email by Hussein Lalani, chief financial officer of Yeezy. YZY tokens will serve as the official currency of the Yeezy brand and can be paid for on its website. The move is seen as circumventing platforms such as Shopify that cut off cooperation because of its controversial remarks. The project was originally scheduled to go on sale on the Yeezy website at 6 p.m. February 21, but has been postponed until February 22. People familiar with the matter said that the reason for the delay was related to the token incident involving Argentine President Mileii. Previously, Kanye said earlier this month that he would "not issue tokens" and said that "tokens use hype to plunder fans." However, sources revealed that Kanye plans to follow Trump's TRUMP token model, originally requiring an 80% share, but ultimately negotiated a 70%. Tokens held by individuals will be unlocked in stages for up to 12 months.