YZY token economics: 20% public offering, 30% belongs to the issuer and is locked for 3 months

According to the official website of YZY MONEY launched by Kanye West, the economics of YZY tokens are as follows:

Public offering: 20%

Liquidity pool: 10%

Yeezy Investments LLC (issuer): 30%

(Locked for 3 months, released linearly over 24 months)

Team: 20%

(Locked for 6 months, released linearly over 24 months)

Ecological Development Fund: 20%

(Locked for 12 months, released linearly over 24 months)

According to previous news, Kanye West released the Meme coin YZY on the X platform, but it is not confirmed whether the account was stolen.

Odaily reminds users that the price of Meme coin fluctuates greatly and investors should pay attention to the risks.