Kanye West to Buy Crypto-Friendly Social Media Platform Parler

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Kanye West to Buy Crypto-Friendly Social Media Platform Parler

Parler made waves in the crypto space when the right-leaning social network launched Donald Trump NFTs.

Move over, Elon. Ye is getting his own social media platform.

Kanye West, the controversial entertainer and supporter of former U.S. President Donald Trump, has agreed in principle to purchase the right-leaning social media platform Parler, according to Parler.

Parlement Technologies is pleased to announce that it has entered into an agreement in principle for Ye, formerly known as Kanye West, to acquire the Parler platform. The acquisition ensures Parler a future role in creating an uncancelable ecosystem where all voices are welcome.

No stranger to Bitcoin and cryptocurrency, Ye sang the praises of the technology during an October 2020 appearance on The Joe Rogan Experience. “The bitcoin guys have a perspective on what the true liberation of America and humanity will be,” he said.

More recently, a photo of Ye wearing a “Satoshi Nakamoto” hat made the rounds on social media.

Ye West (Kanye) wearing a Satoshi Nakamoto hat after being kicked out of his bank account by JPMorgan.

The move to purchase Parler comes in the wake of West’s Twitter and Instagram accounts being suspended for what the platforms called “antisemitic comments” earlier this month—something he won’t have to worry about with his own platform.

According to Parler, the agreement is expected to close during the fourth quarter of 2022. It will include ongoing technical support from Parler’s parent company, Parlement Technologies.