The legendary Filipino boxer issued its own cryptocurrency

Philippine legendary boxer Manny Pacquiao announced the launch of his own cryptocurrency, Pac, in front of 2,000 fans gathered at an event in Manila.

Paquiao is the second Filipino hero to win the 6th weight class in boxing history. Due to their popularity, they release music albums and hold concerts. Purchasing Pac explained that Paquiao would give preferential treatment, such as exchanges through products and social media.

Pac is registered in Singapore’s GCOX (Global Crypto Offering Exchange), and not only Paquiao, but former British football representatives Michael Owen and the Abu Dhabi royal family were named as investors. This is not the first time a celebrity has started using their own popularity to launch their own cryptocurrency. GCOX is also participating in the issuance of cryptocurrencies such as Michael Owen, an investor of Pac, Caroline Bozniacki, a female Danish professional tennis player, and Jason Derulo, an American singer. GCOX reveals that not only real people but also characters like Pokemon are included in celebrities. Related information can be found here .