- Jimmy Donal Wales is an American Internet entrepreneur best known as a co-founder and promoter of the online non-profit encyclopedia Wikipedia and the Wikia company.
The hottest craze in cryptocurrencies is an 'absolute scam,' Wikipedia's Jimmy Wales says
Initial coin offerings (ICOs) — one of the fastest-growing ways for cryptocurrency start-ups to raise money — are "absolute scams," Wikipedia founder Jimmy Wales told CNBC. ICOs are a way for start-ups to raise money by issuing a new cryptocoin, while users pay them bitcoin or ethereum. It's similar to crowdfunding but with digital money. This year, start-ups have raised $2.4 billion from ICOs, according to data website Coindschedule.com
NAME: Jimmy Wales OCCUPATION: Entrepreneur BIRTH DATE: August 07, 1966 (Age: 47) DID YOU KNOW?: Jimmy Wales spent many hours of his childhood studying encyclopedias. EDUCATION: Auburn University, University of Alabama, Indiana University PLACE OF BIRTH: Huntsville, Alabama FULL NAME: Jimmy Donal Wales NICKNAME: Jimbo Jimmy is an internet entrepreneur best known for founding the open-content reference site Wikipedia.