New Cryptocurrency Dubbed “Coinye” Set To Launch On The 11th Of January

If you thought Bitcoin was the next big thing, take a look at the Coinye! Coinye West virtual coins are stamped with the face of rapper Kanye West, complete with ridiculous shutter shades . The currency’s creators hope Kanye himself will eventually get behind the project.

This special virtual currency also wants to simplify the complicated Bitcoin mining process by offering specific programs that make Bitcoin mining much easier. Bitcoin mining usually requires a high-end computer built specifically to solve complex mathematical problems.

“Our goal with Coinye West is to make it easier for people to use cryptocurrency. We plan on releasing a front end to the ‘mining’ programs called CoinyeMiner,” the creators added. “It will make things a lot more simple and people will be able to make their own coins. We’re working round-the-clock to get everything going as smoothly as possible,” explained the Coinye’s creators.

Coinye’s creators want the currency to be used to buy concert tickets and other more mainstream products. Other Bitcoin spoofs like Dogecoin, have also popped up over the last few months. While this all still seems like an elaborate hoax, Coinye West Bitcoins are reportedly set to launch on Jan. 11.

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Image courtesy of Washington Post