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Floyd Mayweather says he's gonna make a 's--- ton of money' from an initial coin offering
Boxing champ Floyd Mayweather has caught the cryptocurrency bug. On Thursday, the undefeated world champion took to Instagram to promote an initial coin offering by Stox, a blockchain prediction company. The ICO will take place on August 2. According to Mayweather's Instagram post, the boxer thinks he's going to make a "s--- ton of money" from the capital raise. Here's a tweet of the post: Initial coin offering participants invest money and receive digital "tokens" in return. Thus far, ICOs have been largely unregulated, with some crowdfunding events raising hundreds of millions of dollars. In total, ICOs have ... (full story)
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