Crypto network

Crypto network

Menu IconA vertical stack of three crypto network spaced horizontal lines. The undefeated boxing champion took to Twitter Wednesday to promote another initial coin offering, the red-hot cryptocurrency-based fundraising method.

In July, Mayweather promoted the ICO of Stox. This time, he is supporting Hubii Network, a media tech company. According to a tweet, Mayweather is also looking to go by a new nickname: “Floyd Crypto Mayweather. 50 million through an Ethereum-based initial coin offering, according to a press representative for the firm. The ICO will not be open to US investors. Initial coin offerings are a new funding vehicle using blockchain, the technology behind bitcoin.