Sep
06
'Initial Coin Offerings': What You Need to Know
Posted in: Uncategorized
Floyd “Money” Mayweather made headlines for making light work of Mixed Martial Arts superstar Conor McGregor. But he also made tech headlines recently by endorsing the Hubii Network, an initial coin offering (ICO), on his Instagram and Twitter accounts.
This isn’t the first time Mayweather (who’s dubbed himself Floyd “Crypto” Mayweather) has endorsed an ICO. In late July, he promoted the ICO for the Stox project, which went on to raise more than $30 million in its token sale. (BTW: There are subtle differences between an ICO, a token sale and a crowdsale, although the terms are often used interchangeably. Search the terms to learn more.)
What Is an ICO?
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