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1 month ago

Philippine Boxing Legend Manny Pacquiao launches his own cryptocurrency.

Manny Pacquiao who is regarded by many boxing historians as one of the greatest professional boxers of all time has released his cryptocurrency on Sunday at a free concert in Manila according to International News organization Reuter and as reported by Cointelegraph.

The 40-year-old boxer turned politician and singer launched his token with financial supports from private investors in the persons of ex Liverpool and England soccer star Michael Owen and Sheikh Khaled bin Zayed al-Nahyan, a member of Abu Dhabi's ruling family.

The "Pac" token will be listed on Singapore's Global Crypto Offering Exchange(GCOX) which will allow his fans to buy his merchandise and interact with him on social media.

Jeffrey Lin, founder and CEO of GCOX, a company which has created a business model on launching celebrity athlete tokens to help famous people interact with fans or motivate their followers to donate to certain charities reportedly said  'we are not here to raise a lot of money but to build an ecosystem'.

The company is also working with Danish tennis champion Caroline Wozniacki and American singer-songwriter Jason Derulo.

At Sunday's concert, Pacquiao sang songs from his album which has sold thousands of copies and covers popular love songs.




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