Legendary footballer star Luis Figo has become the new athlete to turn Initial Coin Offering(ICO) promoter. Furthur, he is the winner of both 2000 Ballon d’Or and 2001 FIFA world player of the year awards.
Apparently, Luis Figo has signed onto serve as brand ambassador for Stryking entertainment, whose platform, seeks to tokenise fantasy sports. Also, Figo added,
“When I heard about Football-Stars for the first time I immediately liked the idea. Football becomes more and more data-driven with detailed statistics about all aspects of the game – this is what Stryking’s platform utilises to create a compelling fan experience. I am happy to support the experienced team at Stryking and spread the word about their platform that allows fans to engage with the teams and players they are backing,” Figo said in a statement accompanying the announcement.”
Here are some tweets:
— News Spot (@news_spot123) April 13, 2018
Luis Figo becomes latest celebrity to jump on the ICO bandwagon https://t.co/thRHowkfMk
— TNW (@TheNextWeb) April 11, 2018
Luis Figo joins the list of celebrities:
Last month, an eight-division world boxing champion Manny Pacquiao. Later, retired English football star Michael Owen signed on to promote GCOX. Apparently, a Singapore-based ICO whose system will allow celebrities to create their digital currency.
Luis Suarez, another famous footballer, promote prediction market Stox’s ICO last August, he joined in by boxing legend Floyd Mayweather.
To date, it does not appear that the SEC has taken any enforcement action against celebrities who promoted fraudulent token sales. Furthur, but it has issued a bullish statement that these celebrity Initial Coin Offering endorsements may in some cases be illegal. What do you think about it?