John McAfee Charges USD 105,000 for Promotional ICO Tweet
Self proclaimed “crypto visionary” and software tycoon John McAfee revealed recently that he charges USD 105,000 for each tweet he sends out promoting Initial Coin Offerings (ICOs). Last week, he tweeted that his team had published a guide to his promotional tweets and posted it to McAfee Crypto Team, an organization McAfee and his team put together to promote ICOs.
Apparently, “nothing can match the power of the McAfee effect,” according to their website.
This bold statement is not out of character for McAfee and he knows it. He writes, “It’s self-aggrandizing and ego-stroking for us. However, if you’re planning an ICO, trying to boost a coin, or want to shine a light on your latest project, you should overlook our swollen egos and see.”
It would seem that although each tweet costs USD 105,000, the cost per ‘investor’ is USD 0.13 when divided between his 810,000 followers. They also used a poll made by McAfee on Twitter, claiming that 259,000 of McAfee’s Twitter followers “have more than 50% of their total assets in cryptocurrencies,” and that 224,000 of his followers represent, “at a minimum, USD 4.48 billion in crypto investment.” The site claims that the numbers are arrived at through “statistically valid percentages.”
It would seem that his faith in the power of his tweets is not misplaced either. Recently, over the course of three weeks, Motherboard tracked McAfee's tweets about altcoins, and found that their market value did shoot up. Burstcoin's value, for example, jumped 350%.