Boxer Floyd "Money" Mayweather,Cumshot | Adult Movies 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
Philips now allows customers to 3D print replacement parts
NYC subway will soon accept Google Pay at select turnstiles
Google adds food delivery to Maps and search results
Apple sends out media invitations for WWDC 2019 keynote
NYT Strands hints, answers for May 2
Google stored some users' passwords in plain text for years
Women actually have a point when complaining about cold offices, study says
'Jurassic World' tour unveils massive model T
Musetti vs. Diallo 2025 livestream: Watch Madrid Open for free
A sea of children dancing to 'Old Town Road' is the best thing you'll see today
'Black Mirror' Season 7: 'Hotel Reverie,' explained
Facebook has already removed more than 2 billion fake accounts this year
Barack Obama would at least do better in digital media than Rory Gilmore
Microsoft pulls Huawei laptops from official online store
Character AI reveals AvatarFX, a new AI video generator
Facebook reveals more details on AR glasses in new patent
Video of guy punching a kangaroo in the face has quite a story behind it
Arianna Huffington is now selling ridiculous things like phone beds
Best JBL deal: Save $10 on the Go 4 at Amazon
Everything streaming on Netflix in June 2019
Guy from Texas inspired an online dance battleTexas has been inundated with 15 trillion gallons of water from Harvey'Game of Thrones': Littlefinger deadHouston's good Samaritans are watching out for each other as Harvey rages onHow to get banned from all your favorite appsTropical Storm Harvey causing catastrophic flood disaster in HoustonEd Skrein exits 'Hellboy' over whitewashing controversy, everyone applaudsThis interactive map will tell you when to look for peak fall foliage in your areaEd Skrein exits 'Hellboy' over whitewashing controversy, everyone applaudsMashReads Podcast: Here are the books (and movies and music) we've loved this summerStorm chasers shoot harrowing video of Hurricane Harvey's furyGIPHY's latest feature will help you find the hottest GIFsIcelanders can get burgers and beer by drone, and we're all movingHow to get banned from all your favorite appsApple is accepting donations through iTunes to aid Harvey storm reliefMobile internet, texting cut off for 50 million because of a guru’s rape trialThe 'first major hate site on the internet' is downMayweatherThis tiny dog braved Harvey flooding in his very own bucket boatWhen does Game of Thrones Season 8 premiere? Our airdate prediction Twitch makes exclusive two Uber will pay drivers extra to put up with annoying teenagers China's ecommerce giants are forcing sellers to go cheap, whether they like it or not These inmates could have escaped when an officer collapsed. Instead, they saved him. Mad about the tampon tax? Try a subscription box Kamala Harris releases a 45 Drake Bell is very upset he wasn't invited to Josh Peck's wedding Rick Perry denies the reality that CO2 is the main climate change driver, and here we go again Ticket scalpers are ruining the first 'Game of Thrones' Season 7 is winterizing Twitter, Google and Reddit Netflix introduces interactive TV where you can pick the outcome Game of Thrones Season 7 video: All the clues you might've missed 'Transformers: The Last Knight' review Type ‘Spinner’ into Google for a fidgety surprise You can now make Spotify playlists in your group chat Lenovo just blew our minds with this bendable laptop concept Officials at airports might run your info through a criminal database Use your phone to order a private toilet with Charmin Van Someone is sending spyware after Mexican journalists and lawyers Watching this BBC news presenter sit in silence for 4 minutes is strangely mesmerising
2.0523s , 10133.5859375 kb
Copyright © 2025 Powered by 【Cumshot | Adult Movies Online】,Unobstructed Information Network