Boxing Legend Manny Pacquiao Moving Forward With Plan To Launch a Cryptocurrency
Hey my fellow steemians,
I think I've got some great news for you this morning (Greek time). Not too long ago, I was informing you that the legendary boxer joined the cryptocurrency market. Well, it seems like Manny has way too much faith in the crypto-world - which is a GOOD thing for all of us - and he recently decided to launch his own cryptocurrency.
As Boxing Scene reports, the Philippine boxing legend said that he would move forward with his plan to launch a cryptocurrency, stating to reporters that it was part of his plan to connect with fans, but also backed the regulation of virtual currencies.
Source: Inside Sport
Pacquiao, one of the world's most successful boxers ever, is the latest athlete to launch a virtual currency, following Floyd Mayweather and former England striker Michael Owen. The Singapore-based Global Crypto Offering Exchange (GCOX), in which Pacquiao has invested, said it would unveil the "PAC Token" later this year, which would allow fans to buy the Filipino star's merchandise and interact with him via live-streaming.
"It can be a way to be in touch with the fan base and (there are) a lot of things we can do with this cryptocurrency," Pacquiao told AFP. Forbes magazine last year listed the boxer -- once dirt-poor -- as the world's 20th highest-paid athlete of all time, with career earnings of $510 million.
His venture comes as governments across Asia take a more critical look at cryptocurrencies following wild fluctuations in recent months and the high-profile hacking of Japanese crypto exchange Coincheck. Lawmakers in the Philippines have proposed legislation that would impose stiff penalties for crimes committed using cryptocurrencies.
Source: 15 Rounds
Pacquiao, who is a member of the Philippine Senate, also backed the regulation of cryptocurrencies." It is already regulated in other countries," he said.
As a HUGE boxing fan and former competitor myself, I am thinking to invest a few SBD to Manny's new cryptocurrency. After all, he's my buddy ;)
Sprite was the sponsor LOL
Sources:
Pacquiao Moving Forward With Plan To Launch a Cryptocurrency
My money's on Pacquiao! Unless Mayweather comes out with a coin Lol
Or Conor McGregor....Even though I strongly believe that the two most popular athletes in the world (from any sport), Cristiano Ronaldo and Leo Messi, are the only athletes who could literally make the crypto-market wildly popular worldwide overnight (especially Ronaldo).
With buddies like that, I'll bet your enemies are VERY careful!!!
They should, shouldn't they? :P
kumusta tkappa! :) PACMAN!! thats some great news. yay!
im following u and upvoted now.
Every time I read something like this I am happy. It paves the road towards wider public adoption for cryptos.
Definitely!!!!!!!!!!!
Please kindly let us know when he lunched it.
Of course, I will! I think that's going to be a good investment!
really can't wait... thank you
As a Filipino boxing fan and a cryptocurrency enthusiast I'm really excited to see someone like Manny Pacquiao supporting cryptos. I can't wait for the launch of the PAC token to happen. Thanks for the news.
A boxing legend open to idea of crypto-currency is very interesting and motivating. At least we know one of the Senators is open for technology innovation.
Hy @tkappa, great post! I enjoyed your content. Keep up the good work! It's always nice to see good content here on Steemit!
what will he call it mayweathers?
Mayweather has 3 losses from Castillo, Maidana and DLH but got a gift decision from corrupt Vegas judges. True story!!!!!
True story, but hate the game not the player. He just got the big money to buy judges and bets. How much has he made betting on himself?