 | This article needs to be updated. (December 2022) |
 Logo after 2021 | |
| Unit | |
|---|---|
| Plural | COINYE |
| Symbol | COYE |
| Demographics | |
| Date of introduction | January 7, 2014 |
| User(s) | International |
| Valuation | |
| Inflation | Limited release, production rate before this limit re-evaluated with the production of every block (at a rate of approximately 1 block per 90 seconds) based on the difficulty with which COINYEs are produced, eventually leading up to a final total of 133,333,333,333 coins. |
| Method | 1 reward is released per block found. Rewards halve every 100K blocks. |
Coinye, formerly Coinye West, is[1] a scrypt-based cryptocurrency. Cease and desist letters were issued against it for its use of the American hip hop artist Kanye West, as its mascot despite West having no affiliation with the project.[2][3] The project was abandoned by the original developers following West's filing of a trademark infringement lawsuit against them.[4]
- ^ "Coinye: Sued and Scolded, but Still Alive". ICO.li. 3 May 2019. Archived from the original on 31 March 2022. Retrieved 28 June 2022.
- ^ Yannick LeJacq (2 January 2014). "Oh Yeezus! Cryptocurrency gets hip with Kanye-inspired 'Coinye West'". NBC News. Archived from the original on 2 January 2014. Retrieved 19 June 2014.
- ^ Adam Gauntlett (3 January 2014). "Bitcoin Rival Coinye West To Launch This Month". The Escapist. Archived from the original on 7 January 2014. Retrieved 19 June 2014.
- ^ Winograd, David (14 January 2014). "Kanye Sues Coinye, and The Cryptocurrency's Creators Back Down". TIME. Archived from the original on 2 February 2014. Retrieved 19 June 2014.