Floyd remained undefeated throughout his professional career and won major titles in multiple weight classes. He is coming out of retirement with 50 wins in his professional record to face the young YouTube influencer who has over 20 million subscribers.
Logan Paul has only one professional boxing match under his belt, one that he lost to British YouTuber and rapper KSI.
He did, however, launched his own tokens in February, ahead of this fight. And reportedly, made millions from the sale. Mayweather is now following in his footsteps with his own collection of non-fungible tokens that will be secured using blockchain technology.
Speaking about the initiative, the boxing icon stated:
“I started from nothing and beat all the odds to achieve what I did in my career and I think that’s the American dream… These digital collectibles give everyone a chance to be part of the Mayweather legacy.”
Indeed, they do.
Mayweather Jr. now joins an expanding list of artists, athletes, and other celebrities that have issued NFTs. These tokens will represent a digital collection of artwork, animations, and rare memorabilia that will be offered to boxing fans and NFT collectors around the world.
Mayweather’s NFT endeavor is not his first foray into the crypto space.
Four years ago, the boxing icon began promoting token sales in initial coin offerings (ICOs), and was actually fined by the SEC in 2018 for failing to disclose promotional payments he received back then. He settled the charges after agreeing to pay $600,000.
Three companies are facilitating Floyd’s NFT release.
The pieces in the unique collection are being designed by Reality Gaming Group, a publisher of blockchain based digital entertainment. It works in partnership with IronBend, provider of turnkey NFT solutions, and NFT production company Zytara Labs.
The NFT drop is scheduled for May 26, and exclusive prices will be released later this month, ahead of the anticipated exhibition match on June 6.
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