The album will arrive less than a year after his last LP 'Vinyl Days.'
The rapper/actor also accused the media of taking Ye's words "out of context."
Wu-Tang Clan, Terror Squad, Three 6 Mafia, M.O.P., Dead Prez, and more graced the stage.
Chance and Joey's performance is their first since releasing their collaborative single earlier this month.
The LP is slated to drop on the 10-year anniversary of his breakout mixtape, '1999.'