McAfee, who works as a product designer for MGT Capital Investments Inc., will join the Ukraine-based project as an adviser in exchange for a 10% stake in the venture, it is understood.
The firm has said it hopes McAfee will bring his “network of cybersecurity experts” and prior business experiences to the table, while working in the role of “international business development partner”.
In the background, Hacken, billed as a fully decentralised ecosystem for white-hat hackers, is hoping to complete a successful Initial Coin Offering, or ICO, as a way of raising money for the digital marketplace.
“I decided to support Hacken because of its business model connecting blockchain and cybersecurity,” McAfee, who is heavily involved with the Bitcoin community, said in a statement.
“I was impressed by the team’s determination to create a unique community backed up with its own crypto token and the burning principle they invented for controlling its volatility,” he added. “I feel very enthusiastic about this partnership, which is why I’m investing in Hacken”.
The deal was signed two weeks ago. IBTimes UK was forwarded a copy of the document showing the signatures of McAfee and Hacken co-founder Dmytro Budorin, a former Deloitte manager who – according to his bio – is a “top executive in Ukraine’s military defence industry”. […]