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Topic: Manny Pacquiao has own cryptocurrency called Pac - page 2. (Read 552 times)

legendary
Activity: 3416
Merit: 1225
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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
Congratulations to Manny Pacquiao, he has done great in boxing and he is doing great on his business too, he truly is a very enterprising guy, he will explore every business that will make him even more money, and he pick the right industry, Cryptocurrency is getting very popular now and he don't want to be left behind, he has something to rely when he retires.
full member
Activity: 363
Merit: 100
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

I heard this last week, which will be list on GCOX. This is no wonder that the popular boxer and senator to his country will
make his own crypto. This is showed that crypto space has a big impact now in the entire world so far, So I think PAC coin
will become one of the potential coins in this crypto business especially if PAC coin will be list on top of the exchange at CMC.
member
Activity: 616
Merit: 18
📱CARTESI 📱INFRASTRUCTURE FOR DAPPS
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 if you really a die-hard fan then for sure you will buy this token to support and buy the merchandise of Manny Pacquiao. In fact, he conducted a free concert in the Philippines when he officially launches he's own cryptocurrency and I think that was a good awareness in the Philippines about cryptocurrency and blockchain.
hero member
Activity: 1176
Merit: 501
This is a clear example of a coin created only to have a coin with your name, there is nothing that you can do with this coin that cannot be done with fiat money or other traditional means. It's clear that, in view of the boom of cryptocurrencies, the man wanted to associate his name with them and join the trend, which is not a bad thing for cryptos indeed.
full member
Activity: 1638
Merit: 122
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.

The only reason anyone would even consider buying this is if they are interesting in buying his merchandise/goodies. Probably going to get a discount for paying through the token in their gateway.
exactly. because that its the purpose of this coin at the first place and not meant to bypass other cryptos or for the people to make use of it as an investment tool.   there are other athletes or sports personalities that does this idea and some are now seeing positive results when it comes to thier earned profit.  if we want to support the people behind this brands then we should buy thier coin but if not then better go only for those traditional cryptos because its more beneficial to support them.
sr. member
Activity: 602
Merit: 252
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.

The only reason anyone would even consider buying this is if they are interesting in buying his merchandise/goodies. Probably going to get a discount for paying through the token in their gateway.
copper member
Activity: 336
Merit: 3
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He has already announced it several times. Manny is one of the first professionals that supported crypto movement, but unfortunately, I do not know how this coin is going to survive, because you cannot run crypto just based on owners name, without any real purpose.
legendary
Activity: 2450
Merit: 1047
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.
member
Activity: 532
Merit: 11
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i dont mind if they famous peoples make their own cryptocurrency, but the problem what that make it special? i don't find any interesting on this one, maybe he is famous and success on boxing athelete but this is cryptocurrency, and i think he is still new here.
full member
Activity: 952
Merit: 110
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
He is a professional boxer and he is not a crypto developer so he knows nothing about cryptocurrency,how will he make this a successful project? hiring pro or teams? what is the use case of the coin if i may ask? this will be a total disaster for any investor that invest a penny in such project like this
member
Activity: 490
Merit: 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
I can't stop but keep wondering what will be the usefulness of this coin, to box or what? we are all hoping for projects with real working product but who wants a coin from a pro boxer anyway? i bet this won't go anywhere or achieve anything
member
Activity: 476
Merit: 12
I will not surprised if  Senator Manny Pacquiao will launched his own crypto. Because all we know that he is very big interest about polictics and business. And all we know that he can provide enough fund to provide his own project and his own crypto. And as a world boxing champion I think marketing is not really a problem for him.
sr. member
Activity: 868
Merit: 251
It's really interesting. From the one hand, new coin from one man, but from the other hand, this guy have a Big and famous name, and token, he made, may will be famous too, and we all know that cruptocurriency is really depend of popularity. And from this side, this cruptocurriency can be interesting, but truly I don't believe in that.
legendary
Activity: 2828
Merit: 1497
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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.
Yeah I agree with you there. He is thinking of making money from his legacy after he eventually retires and I would think it would be soon as his last fight showed this. He is slowing down and can not take anymore punishment from the younger boxers.
This is used more for promotional advertisement with offering them to his fans then anything to do with advancing blockchain technology. Grin
hero member
Activity: 896
Merit: 508
Manny pacquiao has a habit of engaging into something that will bring him more profit, he even tried to be a singer lol, this have been expected  that he will try his luck on the crypto space, well good luck to him, I just hope that his project will not be another shit coin.
sr. member
Activity: 1063
Merit: 253
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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.
legendary
Activity: 2030
Merit: 1189
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...
sr. member
Activity: 1176
Merit: 301
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.
full member
Activity: 798
Merit: 109
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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.
hero member
Activity: 3024
Merit: 614
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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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