Floyd Crypto Mayweather

Here we go again with another ICO as it is now like we are in an ICO gold rush.

The undefeated welterweight boxing champion, Floyd Mayweather, is now promoting another ICO called hubbi network. He made this known yesterday, 24 Aug 2017, when he took to his Instagram page and announced:

You can call me Floyd Crypto Mayweather from now on...Hubii.Network #ICO starts tomorrow! Smart contracts for sports?! #HubiiNetwork #CryptoMediaGroup # ad

This is coming after announcing on July 27, 2017, another ICO, Stox, a prediction platform developed by Invest.com which raised 148,000 ETH (approximately $33 million) in one day. The ICO billed to last for 15 days but met its target of $30 million in a day.

Hubbi Network is built on ethereum blockchain and meant to be a decentralized marketplace for content creators. Hubbi promises to tip a content creator once content gets a certain number of views. As at the time of filing this report hubbi network ICO had raised 3,689.781 ETH with 13 days left to end.

Going through the hubbi network ICO terms and condition I noticed this:

In order to participate in the Crowdsale and to log into the Crowdsale portal to make a purchase, you must be an individual over 18 years old or a legal entity. Further, you cannot be a resident of or domiciled in the United States or Singapore or purchasing Tokens from a location in the United States or Singapore.

That means Floyd Crypto Mayweather cannot legally participate in the ICO. :)