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October 24, 2020
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Kanye West announces candidacy for US presidency and Cardano can issue a Kanye Coin

If Kanye West does participate in the US presidential election in November, a Kanye Coin will be issued by Cardano.

A Kanye West coin may actually exist, this was revealed by Cardano project co-founder Charles Hoskinson during the yesterday’s video on YouTube.

In fact, the famous American rapper Kanye West has announced that he wants to run in the November presidential elections against Donald Trump and Joe Biden, supported by his wife Kim Kardashian and Elon Musk.

In reality, he had long since announced that he wanted to run, but in the end, in 2016, he supported Donald Trump. This time, however, he seems to really want to participate in the elections.

In that regard, if he does participate, Hoskinson announced that, depending on how many votes the rapper receives, many Kanye Coins will be issued.

Hoskinson said:

“I tell you that, if it’s not a joke, when Cardano has native assets, to demonstrate the power and exclusivity of native assets, we will issue Kanye Coin, we will make a coin for every vote Kanye receives in the elections. And they could be good collector’s items and we’ll be doing an airdrop for all ADA holders ”.

But the initiative will not just involve Kanye West.

In fact, Hoskinson promised the same to Brock Pierce, also a candidate for the presidential election in November.

He said:

“Brock Pierce also announced [sua candidatura], and he’s a good old friend of mine, we’ve known each other for a long time. Therefore, I also want to announce our native asset pattern, we will do the same with Brock Pierce, Pierce coin and Kanye Coin. So it’s a great way to demonstrate how the various assets work and it’s a great way to demonstrate connections with real life events. ”

In fact, he added that to do this (in a decentralized manner), they will need an oracle.

One of the possible uses of these tokens will be to bet on results forecasts, although Hoskinson has not specified in detail how it will work.

Certainly, the main objective is to obtain some visibility of the new resource that allows the issuance of tokens in Cardano.

Source: cryptonomist

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