Manny Pacquiao, the famous celebrity of the Philippine, has officially launched its cryptocurrency named “Pac Token” during music concert for his fans to interact with him on social platforms and for the sake of merchandise. The two main pillars who are investing in this project include the famous footballer of England Michael Owen and Sheikh Khaled Bin Zayad Al-Nahyan, a member of the royal family in Abu Dhabi.
The Token will List on Singapore-Based Exchange
The cryptocurrency is going to list on Global Crypto Offering Exchange (GCOX), the prominent exchange of Singapore who claims to be the best exchange to list the digital assets of celebrities.
According to Jeffrey Lin, the CEO, and Founder of GCOX:
We are not here to raise a lot of money but to build an ecosystem
GCOX’s #PacTokens is officially launched! Here’s a toast 🥂to Pac Tokens and getting a step closer to events and concerts by the man himself, Manny Pacquiao!
— GCOX (@GCOX_Official) September 1, 2019
Support of two Big Investors
Manny Pacquiao is the WBO Welterweight Champion; besides boxing, he is also a publicly recognized singer. The man has a versatile personality as he is currently holding a position in the senate and has a good reputation in the country. He took this big decision to engage with fans on social sites through his official token.
He is not alone in this initiative; there are also two big investors who are privately investing in this digital asset. One is Michael Owen who is an ex-Liverpool and a popular soccer player in England. The other one is Sheikh Khaled Bin Zayad who belongs to the royal family of Abu Dhabi.
The Entry of Celebrities in Crypto World
The project is not very latest as there has been going a development work from the past year. After being ready to go into the crypto markets, Manny decided to unveil it in a music concert in the presence of his wife on the stage.
The entry of a celebrity in the crypto world is not the first case as the digital currency has attracted many celebrities in its magic web. Jason Derulo, the American singer and songwriter, is also working diligently to launch its cryptocurrency on the same platform, GCOX. Similarly, Serena Williams, a tennis star, recently invested in Coinbase.