The Metaverse will not be seeing global superstar Kanye West, or at least not anytime soon.
West took to Instagram Monday (Jan. 31) to share with over 10 million followers that he will not be endorsing non-fungible tokens (NFTs) at this time. Instead, Kanye West will continue to place his focus on his products, the “real world,” “real food,” “real clothes,” and “real shelter.”
“STOP ASKING ME TO DO NFT’s I’M NOT FINNA CO-SIGN … FOR NOW I’M NOT ON THAT WAVE I MAKE MUSIC AND PRODUCTS IN THE REAL WORLD,” West wrote on Instagram.
At the end of West’s note, he adds “ASK ME LATER.” So, perhaps the crypto world may gain a notable endorser in the near future.
"My image is a part of something that I should get paid for."
Kanye West’s recent post comes as a surprise as just he endorsed the idea of NFTs in a conversation with the paparazzi at Miami International Airport in January, according to TMZ.
In a video clip, Kanye West states celebrities should be able to profit from their images captured by paparazzi. Taking it a step further Kanye West uses the NFT wave as concrete proof of how photography can be a tool to benefit all parties involved.
“It’s just really one-sided. You guys can follow us, you guys to stand from the hotel at any given time. You don’t give us any percentage of what you make off us, off our kids. And I’m going to change that,” Kanye West said in the video.
“You know, NFT [non-fungible tokens] people get paid in perpetuity on the product that they put out. So my image is a part of something that I should get paid for. We all got to make money together,” Kanye West later said.
Does Kanye West have a point?