Life after Olympics: Apolo Ohno seeks to launch $50M blockchain platform

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A two-time gold medalist, Ohno teamed up with other founders to create an all-in-one cryptocurrency trading ecosystem called HybridBlock and are working on raising $50 million in an initial coin offering (ICO) to help get it off the ground…

March 22, 2018 by
Life after Olympics: Apolo Ohno seeks to launch $50M blockchain platform

Life after Olympics: Apolo Ohno seeks to launch $50M blockchain platform

By BitcoinFOXBusiness

Olympic gold medalist Apolo Ohno says cryptocurrency is the future

Olympic gold medalist Apolo Ohno says cryptocurrency is the future

Forget going for the gold, former Olympic speed skater, Apolo Ohno, says it’s time to go for crypto. From bitcoin to ethereum, Ohno says it’s all about educating the public on how it works.

Eight-time Winter Olympics athlete Apolo Ohno said matching the passion he had for short-track speed skating after retiring in 2013 was a struggle until he got involved in blockchain technology.

“This sphere is really interesting to me because of the strength it has to really transform the economy,” Ohno told FOX Business. Ohno is one of several athletes including Seattle Seahawks cornerback Richard Sherman to embrace digital currencies. They face skepticism from critics including Securities and Exchange Commission Chairman Jay Clayton.

A two-time gold medalist, Ohno teamed up with other founders to create an all-in-one cryptocurrency trading ecosystem called HybridBlock and are working on raising $50 million in an initial coin offering (ICO) to help get it off the ground. Ohno said he has already invested a “substantial amount” of money.

“We are being very unique about our investments,” he said. “We’re not accepting any U.S. money into our ICO,” he added, referring to HybridBlock’s initial coin offering. Ohno said he became an early investor in digital currencies including bitcoin and ethereum shortly after he announced his retirement.

“I started just like anyone else did, really participating at the very core level,” he said. “Now, I’m looking at building out products to help to facilitate that trade.”

Forget going for the gold, former Olympic speed skater, Apolo Ohno, says it’s time to go for crypto. From bitcoin to ethreum, Ohno says it’s all about educating the public on how it works.

“This sphere is really interesting to me because of the strength it has to really transform the economy,” Ohno told FOX Business. Ohno is one of several athletes including Seattle Seahawks cornerback Richard Sherman to embrace digital currencies. They face skepticism from critics including Securities and Exchange Commission Chairman Jay Clayton.

A two-time gold medalist, Ohno teamed up with other founders to create an all-in-one cryptocurrency trading ecosystem called HybridBlock and are working on raising $50 million in an initial coin offering (ICO) to help get it off the ground. Ohno said he has already invested a “substantial amount” of money.

“We are being very unique about our investments,” he said. “We’re not accepting any U.S. money into our ICO,” he added, referring to HybridBlock’s initial coin offering. Ohno said he became an early investor in digital currencies including bitcoin and ethereum shortly after he announced his retirement.

This article was originally published on foxbusiness.com

 

Further reading: HybridBlock ICO Review – Cryptocurrency Trading System

 

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