Manny Pacquiao, the Boxing Champion of the Philippine, has become the world’s first celebrity to introduce his own cryptocurrency to be listed in Singapore’s GCOX.
The world-famous Filipino Boxing Champion turned Singer and a local Politician, Manny Pacquiao, recently declared that during a concert in Manila on September 1st, 2019, he is going to launch the first-ever celebrity cryptocurrency, called the ‘Pac’ Token.
Global Crypto Offering Exchange Listing for the ‘Pac’ Token
Pacquiao made the announcement to over 2,000 audiences who attended the concert, stated that his ‘Pac’ Token will be listed on the Global Crypto Offering Exchange (GCOX) in Singapore.
According to the South China Morning Post, ‘Pac’ Tokens will be on offer in the exchange, providing an opportunity for Pacquiao’s fans for buying merchandise from the Celebrity and also interact with Pacquiao on various Social Media Channels.
The private investors of the cryptocurrency reportedly included Pacquiao and Michael Owen, a former Soccer Player for Liverpool, and Sheikh Khaled bin Zayed al-Nahyan, a member of Abu Dhabi’s ruling family.
Jeffrey Lin, the Founder, and CEO of GCOX reportedly said that the Token is not intended to just raise money but to build a token ecosystem.
Apart from Pacquiao, Danish Tennis Player Caroline Wozniacki and American Singer and Songwriter Jason Derulo have also revealed plans to introduce tokens through listings on GCOX.
“We are committed to assembling a diverse, multi-talented array of stars at GCOX, and Jason will certainly not be the last musician to join our ranks.”Evan Ngow, Chief Communications Officer, GCOX.
Likewise, GCOX’s white paper disclosed that the platform is built on the Acclaim blockchain and is expected to boost the power of celebrities at “different points in their career”.