Actor Jamie Foxx Promotes Crypto Exchange ICO

September 19, 2017

Yet another celebrity has entered the cryptocurrency promotion fray, with Academy Award winner Jamie Foxx promoting an upcoming initial coin offering (ICO).

In a post on Twitter, Foxx promoted the token sale for Cobinhood, which is being advertised as a zero-fee cryptocurrency exchange. That sale is currently underway, according to its website, netting about 17,840 ethers (worth roughly $5.1 million at press time) to date.

The promotion suggests that the spate of celebrity endorsements for cryptocurrency-related projects isn’t slowing down anytime soon. As previously reported, celebrities such as boxing champion Floyd Mayweather, Jr., socialite Paris Hilton and rap artist The Game have promoted upcoming or now-completed token sales.

To date, more than $1.8 billion has been raised through the funding model, according to data from CoinDesk’s ICO Tracker.

Image Credit: Featureflash Photo Agency / Shutterstock.com

The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Have breaking news or a story tip to send to our journalists? Contact us at [email protected].

https://www.coindesk.com/actor-jamie-foxx-promotes-cryptocurrency-exchange-ico/

You may be interested

Could Bitcoin’s Bubble Lead to Long Crypto Winter?
Bitcoin
23 views
Bitcoin
23 views

Could Bitcoin’s Bubble Lead to Long Crypto Winter?

btcethereumadmin - October 22, 2017

This year’s stunning price increases fit all the hallmarks of a bubble. Still, many think it’s different this time. In…

What Lessons Can Be Learnt From Tezos ICO Debacle
Blockchain
20 views
Blockchain
20 views

What Lessons Can Be Learnt From Tezos ICO Debacle

btcethereumadmin - October 22, 2017

The infighting at Tezos reveals the ICOs structural challenges. With so much money at stake, the warnings for future investors…

MasterCard Announces Blockchain B2B Payments Despite Rejection of Bitcoin
Blockchain
11 views
Blockchain
11 views

MasterCard Announces Blockchain B2B Payments Despite Rejection of Bitcoin

btcethereumadmin - October 22, 2017

Blockchain-based B2B payment plans announced by MasterCard, as the company follows along with the rest of the industry. MasterCard recently…

Leave a Comment

Your email address will not be published.