Coinye
Coinye, formerly Coinye West, is 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. The project was abandoned by the original developers following West's filing of a trademark infringement lawsuit against them.
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. |
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