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Topic: Manny Pacquiao has own cryptocurrency called Pac - page 3. (Read 546 times)

legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
Besides him there was several celebrities who decide to made their own cryptocurrency and they are Mayweather and Owen but as their purpose mostly to make their fans can interact to them and buy merchandise from them too so i don't think it will have any effect generally for crypto world because basically they purpose for business only
copper member
Activity: 382
Merit: 0
 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.
full member
Activity: 798
Merit: 104
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.
sr. member
Activity: 1330
Merit: 326
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.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
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.
full member
Activity: 149
Merit: 104
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.
Ucy
sr. member
Activity: 2674
Merit: 403
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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

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
full member
Activity: 952
Merit: 104
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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.

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?
member
Activity: 585
Merit: 33
Rasputin Party Mansion
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.
full member
Activity: 868
Merit: 106
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.
asu
legendary
Activity: 1302
Merit: 1136

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.
legendary
Activity: 3080
Merit: 1292
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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.
full member
Activity: 2324
Merit: 175
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.
hero member
Activity: 3038
Merit: 634
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.
legendary
Activity: 3318
Merit: 1247
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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.

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.
jr. member
Activity: 45
Merit: 28
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.
legendary
Activity: 2828
Merit: 1497
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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

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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