Global Crypto Offering Exchange said Philippine senator and boxing legend Manny Pacquiao will be launching his PAC Coin this month.
Eight-time division world boxing champion and Philippine Senator Manny Pacquiao will formally launch his PAC Coin, which is powered by GCOX. The coin will be introduced at the upcoming Blockchain Fair Asia 2018 to be held in Manila, the Philippine, on October 11-12 this year.
In an e-mail sent to Cryptovest, the organizer said the event would have the theme :Looking Beyond the Blockchain Hype," and will take place at the SMX Convention Centre Aura, Taguig City. It will have the objective of separating realistic promise from uncertain probability in the highly-hyped blockchain industry.
Global Crypto Offering Exchange (GCOX) CEO Jeffrey Lin commented:
"We are proud have Manny Pacquiao as the first international celebrity on our exchange. Manny and other celebrities will also have the opportunity for increased engagement with their fans, further extending their reach and expanding their popularity."
GCOX pride itself as the only global celebrity-focused digital currency exchange, offering the first platform for celebrities across the globe the opportunity to tokenize their popularity by creating, trading and listing their own currency that fits their personality. Include in its list of social interaction platforms and features are Celebrenuer, Celeb-Charity, and Celeb-Connect.
GCOX collaborates with Global A-list celebrities to increase the chance of adoption and acceptance of it cryptocurrencies as well as blockchain technology.
Pacquiao is GCOX;s first celebrity to endorse its celebrity Token line through PAC Coin, derived from the senator's moniker as a boxer, Pacman, because of his reputation during his prime, including Oscar dela Hoya, Ricky Hatton, manuel Marquez, and other big names in the boxing field. Pacquiao has the distinction of being the first boxer in the history of winning major titles in four major divisions: flyweight, featherweight. lightweight and welterweight.
The Celebrity Tokens are a utility token that can be used to buy exclusive merchandise, tickets and services from celebrity endorsers who have signed up to platform. The coins also provide users elite invites to live streaming, meet-and-greets and interactions through the Celeb-Connect service.
The organizers of the event boast that the launch of PAC Coin will be one of the largest and most star-studded blockchain conferences in the Philippines, and bring together thought leaders from the global crypto community.
Source: https://cryptovest.com/news/boxing-legend-and-philippine-senator-manny-pacquiao-to-launch-pac-coin/
This is an interesting concept. Putting an exchangeable token with a price attached to a celebrity's perceived public value. When celebrities do a lot of good, the price could increase and when they are perceived to be less popular to the public, the price of their token decreases. It's a scary concept people being able to value your social value in dollar terms.
Thanks for sharing.
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