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Lil Yachty To Issue "Social Token" On Cryptocurrency Platform Fyooz

Emily Mason

Summary: 23-year-old rapper and Grammy nominee Lil Yachty announced plans to mint an Ethereum-based token in his name on cryptocurrency platform Fyooz.io. The "social token" will bear the artist's name and trade on exchanges. Influencers can accept these coins as currency for goods and services. Fyooz is a marketplace for celebrities, brands, destinations and events allowing them ...

23-year-old rapper and Grammy nominee Lil Yachty announced plans to mint an Ethereum-based token in his name on cryptocurrency platform Fyooz.io.

The "social token" will bear the artist's name and trade on exchanges. Influencers can accept these coins as currency for goods and services. Fyooz is a marketplace for celebrities, brands, destinations and events allowing them to tokenize attention and grant access, preference and participation to followers.

Lil Yachty has 10.7 million listeners on Spotify, 9.8 million Instagram followers and 5.2 million Twitter followers. He is the largest celebrity to join the Fyooz platform.

By Emily Mason

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