Grammy Award-winning rapper Lil Yachty, 23, sold $ 375k worth of YACHTY tokens at a token sale yesterday.
25 thousand tokens were sold at a price of $ 15 each at the token sale that took place on Fyooz. That amounts to 25 percent of the total supply. 25 thousand tokens were exhausted in 21 minutes and 41 seconds.
Fyooz company and Lil Yachty made half the profits from the sale. Everyone was able to participate in the sale, except in restricted areas such as the United States.
“I’m still new and I’m learning about the cryptocurrency world, but I can tell you that I’m collaborating with very smart people to give my fans great experiences.” said. According to fyooz, YACHTY token holders will enjoy advantages that no one else can. These include some of Lil Yachty’s belongings and ‘surprise boxes’ to be prepared by his mother. There will also be a chance for token holders to video chat with the famous rapper.
Yachty is listened to by 10.7 million people on Spotify each month. He has a fan base of 10 million on Instagram and 5.5 million on TikTok.