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Author Topic: Manny Pacquiao has own cryptocurrency called Pac  (Read 500 times)
rdbase (OP)
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September 13, 2019, 07:22:02 AM
Last edit: September 21, 2019, 11:36:39 PM by rdbase
 #1

Never knew the former boxing champion had a cryptocurrency created for his merchandising and promotional licensing.
https://www.theverge.com/2019/9/2/20844831/manny-pacquiao-cryptocurrency-pac-merchandise-gcox

There have been some other celebrities doing this but didnt know about this athelete having his own coin. Smiley

added for more info to the exchange and the timeline of the coin
The "Pac" token will be listed on Singapore's Global Crypto Offering Exchange (GCOX) and counts Pacquiao and ex-Liverpool and England soccer star Michael Owen as private investors, along with Sheikh Khaled bin Zayed al-Nahyan, a member of Abu Dhabi's ruling family. It is the world's first celebrity cryptocurrency. Tennis ace Caroline Wozniacki, Owen and singer Jason Derulo also plan to launch their own crypto tokens with GCOX.
Okay lets put up some link on here https://www.zdnet.com/article/manny-pacquiao-launches-his-own-fan-backed-cryptocurrency/

https://medium.com/@gcoxofficial/michael-owen-joins-gcox-worlds-first-celebrity-crypto-exchange-as-investor-advisor-and-5d2e098f87bf
https://www.dayofdubai.com/news/gcox-signs-mou-his-highness-sheikh-khaled-bin-zayed-al-nahyan-expand-global-celebrity-token

No doubt that this GCOX would create some buzz into this crypto world yet its been backed by heavily rich and popular personalities.

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September 13, 2019, 07:29:08 AM
 #2

Do you think such would ever go anywhere? Who wants to invest in a Cryptocurrency that is owned by one individual? Curious to see how the general public would look at it, coming from a sports personality who probably knows very little about the workings of blockchain.
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September 13, 2019, 07:59:32 AM
 #3

Do you think such would ever go anywhere? Who wants to invest in a Cryptocurrency that is owned by one individual? Curious to see how the general public would look at it, coming from a sports personality who probably knows very little about the workings of blockchain.

When you already know who the creator of that crypto is and you know even more what this individual does for a living you would at least think twice before starting to use that crypto or even if you will invest in it.This is some great undertaking by Manny but I think it is more than he can handle.

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September 13, 2019, 08:01:28 AM
 #4

I've heard about it since last year (2018) of first quarter and the launching has been delayed and now that it was final and there will be no more delay or any interruption for the launching.

Others might also think that Pacquiao coin(PAC) is the existing altcoin also named PAC but they are different.

There have been some other celebrities doing this but didnt know about this athelete having his own coin. Smiley
Yes, Akon too.

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September 13, 2019, 08:06:11 AM
 #5

Do you think such would ever go anywhere? Who wants to invest in a Cryptocurrency that is owned by one individual? Curious to see how the general public would look at it, coming from a sports personality who probably knows very little about the workings of blockchain.
He can hire people to work on the project he has the money and always has the motivation to explore a lot of things, Pacquiao is a very enterprising guy he will explore everything that can help people and make him richer, even more, let's give him a chance, we have given chances to fake developers and admins, this one is an honest guy and God-fearing too.

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September 13, 2019, 08:07:08 AM
 #6

Pacman launching the coin at the right time because he might retire soon and he can focus on managing his life after retirement, you know, he can still make money with his coin as even if he retired, his life in boxing does not end.

With his money, he can promote a lot of fights and this coin will be introduce to the boxing fans, it's like buying this coin to be a member of the fans club to be updated with the life of their idol, this is a pretty nice initiative, but @sunsilk is right, it was already plan last year, but they just find the right timing to launch it. We will see how this coin will be develop then.

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September 13, 2019, 08:34:15 AM
 #7


This has been discussed in our Local Board (Philippines). Manny Pacquaio is one of the truly aspiring filipino in our country and in fact lots of filipino are proud because of how he makes the philippines economy improve more. This token has got a lot of criticism and even me myself I don’t think manny needed to have his own coin.

In fact lots of filipinos said that if you will look at the use cases of this token at their website, this token is clearly just using manny popularity and I agree with it.

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September 13, 2019, 09:39:49 AM
 #8

the problem of crypto owned by one person, in my opinion, is not a problem, in this case, Manny Pacquiao. because in my opinion ETH, BTC is also owned by one person before it is widely known, I see Manny wants to build an application regarding him, I think token Pac will develop, especially if supported by the financial he has, of course, the price of token Pac will experiencing balance.

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September 13, 2019, 10:04:02 AM
 #9

It is certainly a nice and original way to do promotion; obviously, I don't think these coins will ever have value, but anything is possible.
Obviously, when everyone does it, it will no longer serve any purpose.

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September 13, 2019, 10:29:35 AM
 #10

Do you think such would ever go anywhere? Who wants to invest in a Cryptocurrency that is owned by one individual? Curious to see how the general public would look at it, coming from a sports personality who probably knows very little about the workings of blockchain.

Yeah he probably knows little about blockchain technology but he has the money to hire specialist and experts in it. For it to be successful, he would definitely bring guys that has more knowledge about the business. It's not as if he would run it by himself. Anyways, why does people jump directly understimating Manny on the ways he does and in the end he became successful?

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September 13, 2019, 10:57:30 AM
 #11

Never knew the former boxing champion had a cryptocurrency created for his merchandising and promotional licensing.
https://www.theverge.com/2019/9/2/20844831/manny-pacquiao-cryptocurrency-pac-merchandise-gcox

There have been some other celebrities doing this but didnt know about this athelete having his own coin. Smiley

Exactly. It kind of weird for an individual to own and control Blockchain-based coin. It could be mere token though which is probably more appropriate for an individual like that.

I guess the coin was made for speculation. A coin should be much more useful than that
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September 13, 2019, 11:39:44 AM
 #12

As far as i know this idea has already planned to be launched from last year but i have been forgetting to keep the latest update about that and another celebrity have already failed to launch their crypto due to the regulation problem.
But that token has on purpose and it's become a way to purchase merchandise but it looks strange why this token not even getting published by big press in the crypto.

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September 13, 2019, 01:04:41 PM
 #13

I do not take such coins seriously. I think this is just a joke, these coins have no future and cannot have one. Hopefully someday this will end.

It' too early to tell and to judge. But yeah, with so many coins that are being created, hope this one can be useful in the future. Not because it is owned by our beloved countryman Pacquiao but because of it's main purpose and goal. Some said it was some usual coin that will not be successful at the end, but let this coin a chance. If there is a future for this coin or none, let us see what will it takes.
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September 13, 2019, 02:00:36 PM
 #14

This is only proved that cryptocurrency is being popular not only for normal people but also for celebrity, by the way I heared this rumor way back 2018 and now the final launch for pac coin is here to bring a impact to crypto world.

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September 13, 2019, 02:19:42 PM
 #15

 I just want to invest also in this project because this was another cryptocurrency named and owned by celebrity. I just want to see what will be the outcome to this another unique and experimental project that made by the team of Manny Pacquiao. In the field of marketing PAC tokens are really fired up and has no problem in marketing because the name itself is already popular and no need to market at all.
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September 13, 2019, 03:34:58 PM
 #16

Never knew the former boxing champion had a cryptocurrency created for his merchandising and promotional licensing.
https://www.theverge.com/2019/9/2/20844831/manny-pacquiao-cryptocurrency-pac-merchandise-gcox

There have been some other celebrities doing this but didnt know about this athelete having his own coin. Smiley

Why not Manny Pacquiao has been known as a very enterprising guy, he is very charitable I'm pretty sure he will be successful on his new venture, the guy is preparing to leave boxing and he wants something to work on when he left boxing.

Since many people are coming in the Cryptocurrency, maybe he was adviced that there is a huge profit to be made, if he entered the market being a very popular and iconic athlete.

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September 13, 2019, 07:08:40 PM
 #17

That's good to hear if Manny has in own cryptocurrency. I would love to invest in it since Manny is a good person(but unfortunately they are not raising their fund for investors) and I do believe that his crypto is legit and I know I can earn from it. There is no need for you to think twice. Every time Manny won a fight he will give money to a lot of poor people in his country and he spends millions on it and he doesn't really care as long as he can see poor people smiling and thank him for what he did. That what makes him more popularity.

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September 13, 2019, 10:04:01 PM
 #18

That's good to hear if Manny has in own cryptocurrency. I would love to invest in it since Manny is a good person(but unfortunately they are not raising their fund for investors) and I do believe that his crypto is legit and I know I can earn from it. There is no need for you to think twice. Every time Manny won a fight he will give money to a lot of poor people in his country and he spends millions on it and he doesn't really care as long as he can see poor people smiling and thank him for what he did. That what makes him more popularity.
Well you are right about it Manny is known to be a really good person who love's to help and donate to the poor.
And always share's his blessing who knows maybe everytime that he would win or get a huge profit he would give some of it to the PAC holders.

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September 13, 2019, 10:15:44 PM
 #19

Looks like an attempt to cash in on his fame, I don't see why this shouldn't go straight into the sh*tcoin bin.

However, knowing that there are a huge number of Filipino cryptocurrency users, I wouldn't be surprised if it actually achieves some semblance of success.

I don't see why he couldn't just use something like Patreon for the exact same purpose...
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September 13, 2019, 10:51:07 PM
 #20

Do you think such would ever go anywhere? Who wants to invest in a Cryptocurrency that is owned by one individual? Curious to see how the general public would look at it, coming from a sports personality who probably knows very little about the workings of blockchain.
Well there's mao coin and trump coin all these coins are only for the luls or joke and people fine with it anyway. This pac coin might be like that aswell just for a small joke and people might not mind putting some of their small money into this coin if they are pleased. nothing wrong.

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