Posted 3 years ago | by Bethany Armstrong
Manny Pacquiao Pac Token
Manny Pacquiao announced to a crowd of fans at a free concert in Manila that he will be launching his own cryptocurrency called "Pac". The Manny Pacquiao Pac Token allows fans to be able to interact with him and buy his merchandise with the token.
The Manny Pacquiao Pac Token launches on the Global Crypto Offering Exchange (GCOX). GCOX describes itself as "The World's First Licensed Celebrity Token Exchange". The exchange helps athletes & entertainers promote their brands to fans. Other celebrties GCOX highlights are Caroline Wozniacki, Michael Owen, & Jason Derulo on their Facebook page.
GCOX posted about the crypto token announcement:
The exchange group also announced the website for the Manny Pacquiao Pac Token. A Facebook post says the crypto token can be found at PacToken.io & users can pre-register for it. Fans can submit their email addresses for more information, but there is not much more on the website.
Pacquiao is More Than a Boxer
Manny Pacquiao is widely known as a champion boxer, but has done much more than that. Pacquiao has gone toe to toe with the likes of Floyd Mayweather, Oscar De La Hoya, Shane Mosley, & most recently Keith Thurman. However, in the Philippines Pacquiao is a well known business man and politician. Manny Pacquiao is currently a senator in the Philippines with his most recent election being in 2016. He is part of the United Nationalist Alliance party. The Vice President of the Phillipines is also from the United Alliance Party.
While the Manny Pacquiao Pac Token is Pacquiao's first endeavor into the cryptocurrency world, he is certainly not the only boxer promote a crypto project. The undefeated & recently retired Floyd Mayweather, Jr. promoted a coin by Centra Tech, Inc. He promoted them from July 2017 to September 2017 to his millions of social media followers. The Securities & Exchange Commission (SEC) hit him with a stiff penalty for promoting the Centra Titanium because he did not disclose Centra paid him as a spokesperson. The SEC ordered Mayweather, Jr. to pay approximately a $615,000 fine.