After turning 74 yesterday, the creator of the McAfee antivirus, John McAfee, spreads the word on Twitter that he has joined the team of the new crypto exchange Burency as an advisor.
I have joined as an advisor to https://t.co/iP0Jbt4hO3 's R&D department. They are an awesome blockchain accelerator for business applications as well as having a wide variety of mining solutions and the only fully insured exchange.— John McAfee (@officialmcafee) September 19, 2019
About the newly emerged blockchain platform
Burency positions itself not only as a fully insured digital asset exchange but also as a platform that is busy creating “an ecosystem of solutions that fit together seamlessly to advance the cause of credibility, transparency, convenience and security”.
The insurance to the exchange is provided by Lloyd’s of London on the basis of NEBBEX insurance security protocol.
Burency also works to find cheap mining solutions and has its own research-and-development center to help companies introduce blockchain to their businesses.
The exchange has its head office in the Middle East and is working to receive licenses in Abu Dhabi and Dubai, both areas are the fintech hubs of the region with the authorities offering crypto regulatory measures.
Zombie Coin and John McAfee
The cooperation with Burency is the second project (at least from the ones that Mr McAfee officially announced) that he has been working on while fleeing from the US IRS and CIA and running a pre-election campaign for the US presidential chair.
His previous venture was to join the Zombie Coin team and writing a white paper for them. He confessed that he was paid $4.5 mln and he also demanded 20 percent of the total Zombie Coin stack to be issued.
However, after publishing a mockery draft of the white paper, McAfee received threats from the Zombie Coin team who got very upset at the published WP. They threatened to sue the crypto baron $100 mln for giving the project a bad name.
McAfee said he would explain the situation to them and stated that they would drop their lawsuit as soon as he does that.