Filipino boxing legend, Manny Pacquiao has entered the cryptocurrency sphere as he is now an investor in Singaporean blockchain firm, Global Crypto Offering Exchange.
GCOX calls themselves the “world’s first cryptocurrency exchange that helps celebrities create, list and trade their own cryptocurrencies, known as Celebrity Tokens”. Through the exchange, users can gain access to stars, which includes meet and greets, and live streaming through a service called Celeb-Connect.
They also have another service they’re launching called Celeb-Charity which gives fans the opportunity to donate to celebrities’ causes using digital tokens. The celebrity’s popularity is determined by the crypto-coins’ values through an “open market”.
It is reported that Pacquiao is launching his own personal celebrity coin as an ICO, called PAC Coin. Through this token, fans will be able to gain access to exclusive live streams by the boxing legend himself, including Team Pacquiao merchandise and get personalised interactions. Fans will even be able to make donations to the star’s chosen charities.