Actor Jamie Foxx Promotes Crypto Exchange ICO
Academy Award winner Jamie Foxx has promoted an upcoming initial coin offering (ICO) on social media.
:format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/OWCEMDCEDBGMLNEMI3CCZHQ4JM.jpg)
/arc-photo-coindesk/arc2-prod/public/LXF2COBSKBCNHNRE3WTK2BZ7GE.png)
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.
Looking forward to participating in the new @cobinhood Token! ZERO fee trading! #CryptoCurrency #BitCoin #ETH – https://t.co/1XFiosn22S pic.twitter.com/A7es0C2Rxr
— Jamie Foxx (@iamjamiefoxx) September 18, 2017
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
Disclosure
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity.
Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.