Software legend and cryptocurrency supporter John McAfee just made public that he charges $105,000 for each time he tweets out a promotional message for cryptocurrencies or initial coin offerings (ICO).
In a last week Twitter post on McAfee Crypto Team– an organization McAfee and his team established for ICO promotion- McAfee said that his team had made a guide that explained how his promotional tweets worked.
“It’s self-aggrandizing and ego-stroking for us,” wrote the software tycoon, “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.”
The guide details that each tweet costs $105,000 but the money is split between his 810,000 followers, the cost per ‘investor’ being a mere $0.13. The site proudly affirms, “John McAfee’s tweets are by far the most influential in the field of cryptocurrency.”
Deducing from a Twitter poll led by McAfee himself, McAfee Crypto Team asserts that, aside from other statistics, 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 signify, “at a minimum, $4.48 billion in crypto investment.” The site states that the figures were obtained through “statistically valid percentages.”
McAfee’s tweets do have a great influence on cryptocurrency markets. In January, Motherboard traced McAfee’s tweets about altcoins to their market performance over a span of three weeks.
The site discovered a link between McAfee’s tweets about cryptocurrencies and jumps in their pricing — in Burst coin’s case, a spike of 350 percent.
At that moment, Motherboard assumed that McAfee was involved in pump and dump schemes to increase the price of coins of which he was an investor. This supposition has not been neither confirmed or infirmed, but the McAfee Crypto Team post implies that McAfee also has a completely separate agenda: advertising digital coins for money.