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.