Philippine boxing champion and superstar Manny Pacquiao has launched his personal cryptocurrency.
On September 1, the South China Morning Publish reported that the Filipino boxer grew to become a politician and singer and launched his personal token with the monetary help of personal buyers akin to former Liverpool and English soccer star Michael Owen and Sheikh Khaled bin Zayed al-Nahyan, a member of the ruling household of Abu Dhabi.
Itemizing on international crypto providing trade based mostly in Singapore
The Pac token is listed on Singapore's international Crypto Affords Trade (GCOX), permitting his followers to pave the best way to buy merchandise and talk with him through social media.
GCOX founder and CEO Jeffrey Lin reportedly stated that the token is just not solely meant to lift cash, however to construct a token ecosystem.
Pacquiao, who presently holds the World Boxing Affiliation's welterweight title, was first adopted as a senator within the Philippines in June 2016.
Extra celebrities are planning to launch crypto tokens with GCOX
Like Cointelegraph earlier reported, American singer-songwriter Jason Derulo can be planning to launch his personal cryptocurrency on the platform.
GCOX & # 39; s key communications officer Evan Ngow stated on the time: "We’re dedicated to bringing collectively a assorted, multi-talented vary of stars at GCOX, and Jason will definitely not be the final musician to hitch us."
In his white paper, GCOX factors out that its know-how relies on the Acclaim blockchain and is designed to assist celebrities at completely different factors of their careers.