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Topic: Manny Pacquiao has own cryptocurrency called Pac (Read 546 times)

legendary
Activity: 2828
Merit: 1497
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September 21, 2019, 06:28:05 PM
#55
Gradually cryptocurrency began to penetrate the sports world today, even now there are soccer clubs sponsored by crypto gambling houses, namely sportsbet and of course this proves that cryptocurrency began to develop positively and of course this also proves that cryptocurrency is starting to be accepted by various communities, I personally strongly support the issuance of coins made by Manny Pacquiao
The timing to promote crypto currency is indeed a great time as sportsbet already shown its interest and begin to bring crypto inside football industry,. With this Manny Pacman's coin, things will be added to crypto space. For sure, those who are idolizing him will also support this crypto once being learned.

Pac-Coin, being name after people's champ, would be a great promotion from this industry. It's best to have a well-known personality to be added inside the market.
I know about sportsbet bringing more awareness of bitcoin to the masses with having the official BTC logo on the sleeves of the watford jersey
which I happen to win one in a giveaway they were doing in their ann thread.
But having an face to a cryptocurrency is entirely different. In terms of what it represents.
This coin is all about manny pacquiao and his brand
nothing more..

I heard about this coin and I thought it was a fake that there just using Manny's name
but I got shocked when the announcer said Pac Coin when he about to enter the ring when he is fighting Matisse.
So the Pac-coin was real after all.
But I dont view it as a fake like those who heard of putin coin or trump coin.
As you know very well those two do not endorse those iterations of crypto currencies and were ment to be more of a joke on those two world leaders.

note added quoting from Lanatsa to the first post of the thread.
Thanks and credit goes to them on these links for more information on the progress of this coin.
sr. member
Activity: 661
Merit: 251
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.

While it's commendable that our celebrities are joining the crypto fray and will help with publicity which is very much needed, yet, I am poised to ask if effort on the blockchain must have its own crypto. The last time I checked, Akon is set to launch his cryptocurrency too and some other celebrities. I get we just have to focus on the positive sides of their involvement
hero member
Activity: 2968
Merit: 687
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.
jr. member
Activity: 672
Merit: 1
The crypto-currencies fire is buzzing everywhere . I think it is a question of when will the general public adopt crypto. There is no doubt that soon it will become a household name. May Manny's pac do well when it gets listed on an exchange
hero member
Activity: 2534
Merit: 605
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.
This is what use to get me tired about these projects, you have already started with a very good hype that would have made the project a very successful one because of the popularity of the owner of the coin, and the nest thing should have been that he will list in on reputable exchanges like binance and other top ones rather than some of this shit exchanges that will end up making the project dump and become a shit coin later in the future.

I am just suspecting that he has alliance with the exchange and just trying to promote the exchange using his influence. There will actually be an initial hype for this coin and I really see it pumping hard when it is being released, but sustaining this project is what I really cannot guarantee that much.
full member
Activity: 1750
Merit: 118
The "Pac" token will be listed on Singapore's Global Crypto Offering Exchange (GCOX)
i never heard of this exchange  before but its name is simillar or sounds like mt gox ( also an exchange) . is gcox a new exchange?  or i am just not updated recently on whats hot or not when it comes to exchange talks.

it is the world's first celebrity cryptocurrency.
actually its not.   many cryptos before are created or sponsored by popular celebrities before this pac token rumor came out but this should be the first  major celeb that represent the philipine country that has a crypto related business.
copper member
Activity: 382
Merit: 0
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.
legendary
Activity: 2576
Merit: 1252
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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.

I also think that their are just using Manny's popularity in some cases he allegedly has business with his name written on it which he always deny. Pacquiao is old for boxing but not for business, If he wants to pursue on this kind of industry then go, let people who wants to support to their thing. Pacquiao is known across the globe and maybe this coin will do so.
legendary
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I agree, as an athlete, Manny can promote a project to others rather than making coins in his own name. A coin created should be based on projects and products not from a famous celebrity's name or figure.
Perhaps the communities of athletes and famous people need to agitate them to start using Bitcoin? This will be the best advertisement for Bitcoin and all cryptocurrencies, increase the number of Bitcoin users and make it much more popular than today. But such stocks must be massive otherwise we won’t get a big result.
We can't expect that it will happen instantly, Manny being one of the famous athlete in the world are getting involve in crypto is a good sign.
Of course, he would also market his coin to the boxing community and since he is still actively fighting and a very popular boxer, he could influence the boxing industry, actually people just need to be educated to see how useful crypto is and I think this requires time so let's be patient.
jr. member
Activity: 280
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I agree, as an athlete, Manny can promote a project to others rather than making coins in his own name. A coin created should be based on projects and products not from a famous celebrity's name or figure.
Perhaps the communities of athletes and famous people need to agitate them to start using Bitcoin? This will be the best advertisement for Bitcoin and all cryptocurrencies, increase the number of Bitcoin users and make it much more popular than today. But such stocks must be massive otherwise we won’t get a big result.
hero member
Activity: 2926
Merit: 567
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

Manny Pacquiao could be the athlete that can successfully get his coin in the top 20, he is a very enterprising guy and a very generous person too, and since he is very popular there will be demands on his merchandise, even if he stopped boxing he can make this project successful he can integrate this to all his business.
legendary
Activity: 3318
Merit: 1128
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
All these individual currencies, I don’t really see any essence in them, and I feel they are just using it to exploit people and their fans are the ones that would really fall for this tactics and gimmicks, i have also heard of Akon’s cryptocurrency too and I ask if majority of them really understand what cryptocurrency is all about.

It is a good thing though that we have celebrities adopting cryptocurrency now; it would help us to create awareness faster. like these champion now, his fans will get to know about cryptocurrency through him, and for Akon who is in the music industry it would be easy for his fans too to get to know about the cryptocurrency now, but still at that, everyone needs to be careful about creating cryptocurrency so that we don’t end up creating a junk project that will only make the crypto market congested of coins.
legendary
Activity: 2982
Merit: 1028
Gradually cryptocurrency began to penetrate the sports world today, even now there are soccer clubs sponsored by crypto gambling houses, namely sportsbet and of course this proves that cryptocurrency began to develop positively and of course this also proves that cryptocurrency is starting to be accepted by various communities, I personally strongly support the issuance of coins made by Manny Pacquiao
The timing to promote crypto currency is indeed a great time as sportsbet already shown its interest and begin to bring crypto inside football industry,. With this Manny Pacman's coin, things will be added to crypto space. For sure, those who are idolizing him will also support this crypto once being learned.

Pac-Coin, being name after people's champ, would be a great promotion from this industry. It's best to have a well-known personality to be added inside the market.
hero member
Activity: 2268
Merit: 588
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I heard about this coin and I thought it was a fake that there just using Manny's name
but I got shocked when the announcer said Pac Coin when he about to enter the ring when he is fighting Matisse.
So the Pac-coin was real after all.
member
Activity: 840
Merit: 10
I respect Manny Pacquiao as an athlete, but it seems to me that creating a coin was not necessary. Practice shows us that the coins created by famous athletes do not bear any value and no benefit to the community, so they gradually die. It would be better for athletes to wear T-shirts with the Bitcoin logo and start using it in everyday life.

I agree, as an athlete, Manny can promote a project to others rather than making coins in his own name. A coin created should be based on projects and products not from a famous celebrity's name or figure.
full member
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I respect Manny Pacquiao as an athlete, but it seems to me that creating a coin was not necessary. Practice shows us that the coins created by famous athletes do not bear any value and no benefit to the community, so they gradually die. It would be better for athletes to wear T-shirts with the Bitcoin logo and start using it in everyday life.
Agree, that's the best way to promote cryptocurrency to the world. For them to make their own coins, it makes no sense. Only pump and dump
jr. member
Activity: 111
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I respect Manny Pacquiao as an athlete, but it seems to me that creating a coin was not necessary. Practice shows us that the coins created by famous athletes do not bear any value and no benefit to the community, so they gradually die. It would be better for athletes to wear T-shirts with the Bitcoin logo and start using it in everyday life.
sr. member
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Gradually cryptocurrency began to penetrate the sports world today, even now there are soccer clubs sponsored by crypto gambling houses, namely sportsbet and of course this proves that cryptocurrency began to develop positively and of course this also proves that cryptocurrency is starting to be accepted by various communities, I personally strongly support the issuance of coins made by Manny Pacquiao
legendary
Activity: 3010
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I prefer supporting Pacquiao's coin than coins coming from ICO from unknown developers, it's very unlikely that he's going to scam people, because he has a reputation to protect and besides this is a very ICONIC athlete, he can promote it and he will gain a lot of supporters, he has millions of supporters around the globe.

I prefer watching on how it is  unfold.  Since the coin is still in a planning stage, it is too early to tell what it will be when it launches.  Manny have the money to organize and build such project.  He can easily hire resource persons that can deliver the goal of the projects.  With or without crowdfunding, with his stash, he can keep this project running.  Though I agree with you that it is better to choose a project that is started by a famous person than those who are unknown since if ever he messed up, it is a huge set back to him and I believe he will do all he can to avoid such tragic thing (investment lost) to his supporters and followers.
legendary
Activity: 2576
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With regards to the technology and the cryptocurrency in general, I think Pacquiao has a little knowledge about it but since he has a lot of money he can hire experts and some people who can manage his coin.

I want to support the coin he wants to create because he is a helpful person and helps many people in our country but if we will see the purpose of the token, I don't see any significant benefits of it to the user. Just my opinion.
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