FLOYD MAYWEATHER says he is the only athlete in history to make $1billion without endorsements.
The American took to Instagram to remind his followers how much money he has got (again) as he launched his own NFT art.
Mayweather, 44, posted a video of himself promoting the product.
He spoke directly to camera urging his 25million followers to sign up to FloydNFT.
And he captioned the post: “Get ready for my first NFT drop May 26.
“ONLY athlete to make a billion dollars without any endorsement deals. #SelfMade #TMT #TBE.”
Bitcoin has helped create a new world of digital currencies and now attention is turning to a new trend, non-fungible tokens or NFTS.
Artists and musicians such as Beeple, Grimes and Kings of Leon are turning to the tokens to sell their work, but what is an NFT?
Cryptocurrencies such as Bitcoin and Ethereum are digital coins that are stored and can be used to make payments through online technology called the blockchain.
Each coin has its own unique code that is stored securely on the blockchain and the same technology has been used in the development of NFTs.
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Cryptocurrencies are really collections of computer code but coins such as Bitcoin or Dogecoin have recognisable logos.
An NFT provides something different as it digitises a piece of work such as art or music and turns it into a non-fungible token that is stored on the blockchain.
That means it cannot be replicated and is unique to whoever owns it.
Crypto commentator Jonathan Marriott said NFTs provide a legitimate way of verifying ownership and tracking the origins of an item.
He said: “An NFT lets you record where and when something is made and track the whole process to verify that it is legitimate.
“The public blockchain element makes it irrefutbale. No-one can fake it.”
Earlier this week, Mayweather was pictured spattered with blood as he trains for his exhibition bout with YouTuber Logan Paul next month.
He will pit his wits against his American compatriot in a six-round contest at the Hard Rock Stadium in Miami on June 6.
And the 1996 Olympic bronze medallist – who won 15 world titles across across five weight classes – is looking in incredible shape for the dust-up.
Mayweather is even taking part in gruelling sparring sessions, as shown by his latest Instagram post where he has blood splattered across him.
Captioning the image of him, he said: “This s*** is blood, sweat, and tears for me.”
His fans were loving the dedication he is showing, with Mayweather set to earn around £72million for his clash against Paul.
Source: Boxing - thesun.co.uk
