Mayweather has priors in the NFT rug pull game
Boxing legend Floyd Mayweather has been caught up promoting a scam NFT project on his social media channels again. Some investors are still not wise to his antics as the anonymous team behind his new project Mayweverse, has vanished with almost $200,000 in proceeds.
Mayweather has priors in the NFT rug pull game, having lent his name and profiting tens of millions from projects like Ethereum Max, Bored Bunny, Real Floyd NFT, Moonshot, etc. All of which now have near-zero values with no updates from the dev teams since mint. His latest project Mayverse launched on April 13, and only managed to rake in less than $200,000. The development team has now vanished with the money, leaving Mayweather once again promoting very dodgy projects.
There is the argument that Floyd Mayweather was duped somehow into supporting these projects. Perhaps his knowledge of the NFT space is low? However, the repetitive nature of his actions suggests…