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Rapper Lil Yachty Sells Out Social Token in 21 Minutes
Twenty-one minutes and 41 seconds is how long it took for American rapper Lil Yachty’s new social token, $YACHTY, to sell out on Thursday. The token was listed on social money platform Fyooz, where buyers, most likely fans of the rapper, bought $YACHTY for $15 each. “I’m still new and learning about the crypto world, but I can tell you I’m partnering up with some very smart people to give my fans some dope experiences,” Lil Yachty said in a statement. The sale is the latest in a recent string of experiments involving social tokens, a way for artists and other personalities to potentially monetize fan ... (full story)