We’re not sure how powerful a punch Chinese billionaire Shi Jianxiang (in Chinese: 施健祥) can throw, but he’s threatening to go head to head with former heavyweight champion Mike Tyson—well, at the very least in a courtroom. That’s because the bout between Iron Mike and Shi’s sports-related blockchain project Fight To Fame (in Chinese: 一战成名) is heating up on the pages of Modern Consensus.
Former boxing champion Mike Tyson is embroiled in a dispute with Fight to Fame, a blockchain startup which has been very publicly claiming that he not only endorsed the company and its planned “Tyson Token” cryptocurrency, but that he is a co-founder and active member of the company. The company has said it plans to host a series of fights around the world, selecting the most popular fighters for a reality TV show and then Hollywood action movies. Tokens would be used by fans to vote for and bet on their favorite fighters, as well as support other projects.