People’s Champ, Manny Pacquiao, enters the Cryptocurrency world

Manny Pacquiao, former boxing champion, is now an investor in Global Crypto Offering Exchange or GCOX which is a blockchain firm.

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The GCOX has claimed that it is the first cryptocurrency exchange that featured the Celebrity tokens. These are tokens that are created and backed by celebrities enabling their fans to purchase exclusive merchandise and services of their favorite celebrity. They also feature Celeb-Connect which allows the fans to meet their favorite celebrity in meet and greets and through live streaming. The cryptocurrency value is determined through “open market forces” as reported by Inquirer and is said to represent the celebrity’s popularity.

Presently, Pacquiao has launched the PAC coin on GCOX. He is the first celebrity to create a token on the platform according to Finance Magnates. These coins may be used in order to purchase Team Pacquiao merchandise as well as gain access to exclusive live-streams.

Manny Pacquiao currently has a net worth of over P3 billion. He also has investments amounting to P250 million as well as over 100 real properties.

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