Boxer Floyd "Money" Mayweather,Watch Different Rooms Between Two Women Online best known for spending gobs of money in ridonkulous ways and punching other guys in the face, is now using Instagram (naturally) to promote the cryptocurrency ICO (Initial Coin Offering).
SEE ALSO: These hackers stole $85 million in ether to save it from *the real crooks* (or so they say)The image shows Mayweather on a private jet with stacks of actual paper currency (how ironic!) laid out in front him. In the caption, Mayweather boasts about the money he'll make on August 26, 2017 — the date of his much-anticipated fight against UFC Champion Connor McGregor — and the money he'll also make on August 2, 2017.
View this post on Instagram
It's not clear whether Mayweather is investing in Stox.com — their website even has a nifty little countdown clock to when the sale begins — or endorsing the company. Mashable has reached out to Mayweather's representatives for comment.
The initial coin offering (sometimes also called a token crowdsale) is, in certain ways, similar to an initial public offering. Instead of stock, in an ICO a company sells a number of cryptocurrency tokens.
SEE ALSO: The ICO is a revolutionary new way to get funded, and everyone wants inEvery ICO is a little bit different, but typically there's a time limit for the sale, and a maximum number of tokens that will be sold. Once those limits are reached, the sale is done, and the owners can use their tokens as they please.
Recently, blockchain startup Tezos raised a (virtual) ton of money in an ICO.
Fortunenotes that ICOs may occupy a very tricky legal area as far as the SEC (Securities and Exchange Commission) is concerned.
This week, the SEC added to those doubts when it ruled that the "coins" sold in one high-profile ICO were actually unlicensed securities—a violation of federal law. The agency's finding was widely interpreted as a shot against the bow against other companies conducting ICOs.
As for Mayweather, his whirlwind press tour with McGregor promoting their upcoming bout was such an idiotic mess that this feels reasonably sane in comparison.
Whether these specific stacks of cash are destined for investment is unknown but, given Mayweather's habits, it wouldn't surprise many if he just lit the stack on fire to watch it burn.
Additional reporting by Stan Schroeder
Topics Bitcoin Cryptocurrency
Previous：Contingent No More
Amazon Prime Grubhub deal: Save $10 off orders of $20 or more
Deepfake video shows UK prime minister endorsing main opponent
Ambrosia disregards the FDA and re
Beyoncé voices her support for trans youth after Trump's bathroom decision
The internet is talking like Kevin from 'The Office' now
Instagram experiment hits the U.S., and your likes may disappear soon
Samsung Galaxy S11 phones might come with huge screens and 5G
Adorable cat brothers reunited thanks to Tinder
NYT Connections Sports Edition hints and answers for April 17: Tips to solve Connections #206
Apple's new iOS update fixes dreaded multitasking bug
Harrison Ford isn't a fan of the Trump administration's climate agenda
Not sure what to watch tonight? A new app wants to help
This is how colossal NASA's new Hubble Space Telescope successor is
10 Disney Channel Original Movies worth streaming on Disney+
Today's Hurdle hints and answers for May 12, 2025
The Washington Post's new slogan is movie
MIT's robot army trains together in a video that will mess you up
Barack Obama was just spotted in New York City and people treated him like a rockstar
Fritz vs. Ruud 2025 livestream: Watch Madrid Open for free
Maclunkey! 'Star Wars' on Disney+ has a small change we're all talking about
Little Red and Big Bad, Part 3NYT's The Mini crossword answers for November 15The TikTokkers who got us through 2022Notes on H.D. and Her BiographersElon Musk's X: Ad watchdog files FTC complaint against it for not clearly disclosing adsThe Competing, Indignant Voices in “Rights”What’s Wrong with Us: An Interview with J. M. HolmesJack Pierson’s Dreamy, Erotic ‘Hungry Years’Best Black Friday selfAgainst Argument: A Letter from LondonLittle Red and Big Bad, Part 3How to keep your bitcoin safe from hackers with Trezor Safe 3Tesla faces new potential challenge in China: Xiaomi's first EV carsAI Manga filter on TikTok: How to get itNepo babies are all the internet can talk about. Here's why.UK's Bank of England reveals new King Charles III notesBest Microsoft deal: Get a Microsoft Surface Pro 9 for under $800Skiffle Craze: An Interview with Billy BraggVoyage to the Otherworld: A New Eulogy for Ray BradburyLittle Red and Big Bad, Part 3 Genshin Impact developer miHoYo makes debut in top 10 among global top 50 publishers · TechNode U.S. government climate website axes staff, may shut down Wordle today: The answer and hints for May 25 Huawei leads 2023 global patent application rankings · TechNode Qualcomm’s new Snapdragon 8s Gen 3 may debut on Xiaomi Civi 4 smartphone · TechNode 5 live cams that offer winter vibes from the safety of your home Joe Biden put a cool moon rock in the Oval Office Greta Thunberg takes down Ted Cruz for being a total idiot about climate change Does 'Furiosa' have an end Starlink already has 10,000 users, according to a SpaceX FCC filing U.S. Justice Department moves to break up Ticketmaster and Live Nation over antitrust violations China’s Fudan University launches AI app for visually impaired individuals · TechNode NYT's The Mini crossword answers for May 24 Elon Musk's SpaceX opens pre TikTok creators don't believe a ban is coming 20 underwater photos that illuminate creatures dwelling in the dark depths Apple initiates chip development on TSMC's next Celtic vs. Rangers 2024 livestream: Watch Scottish Cup Final for free Wordle today: The answer and hints for May 24 Beijing grants greater independence for EV development of state
2.0668s , 8227.03125 kb
Copyright © 2025 Powered by 【Watch Different Rooms Between Two Women Online】,Creation Information Network