Boxing world champion Manny Pacquiao is venturing into the world of cryptocurrencies as he joins Singapore-based firm Global Crypto Offering Exchange (GCOX). The company has announced Pacquiao as their latest celebrity ambassador.
The startup claims to be the first of its kind since it lets celebrities create what’s called “Celebrity Tokens,” or the famous personalities’ own cryptocurrencies. And the Philippine senator happens to have joined the hype. Pacquiao will soon release his own virtual token.
Pacquiao will soon launch the first celebrity token on GCOX, the PAC coin.
The boxer has signed a contract with Steve Askew, GCOX's executive president.
According to GCOX, Pacquiao will use the startup’ cryptocurrency services to allow fans to interact through the PAC coin. This also enables users to receive Pacquaio-related merchandise that is only exclusive to GCOX. Celebrities and fans can make an exchange through Celebrity Tokens. GCOX also claims to be the first ever platform that tokenizes fame, “enhancing the mainstream adoption of the token economy. As stated on GCOX’s website:
“In this symbiotic ecosystem, ACM is traded for Celebrity Tokens via our proprietary exchange. Celebrity tokens can then be used by fans to redeem goods and services on the core business platforms.”
Through Celebrity Tokens, fans can also use the service called Celeb-Connect.
Celeb-Connect gives fans access to their favorite celebrities through meet and greet interactions, as well as a live streaming via the service.
Another service is called Celeb-Charity, which lets fans donate to causes run by their favorite idols using the virtual currency.
GCOX won't be the only investment Pacquiao made in Singapore.
The 39-year-old politician and boxer purchased an undisclosed number of shares in ONE Championship, a mixed martial arts company. Pacquaio has a net worth of over Php 3 billion (or more than $160M), according to his 2016 statements of assets, liabilities and networth (SALN). The father of five owns more than 100 real properties and has made over Php 250 million ($13M) worth of investments.
Three-Fingered Mummies Found In Peru May Be Aliens, Scientist Claims
Are they aliens or not?
Extraterrestrial beings are the center of many conspiracy theories. Are they true or not? There have been sightings worldwide but no one can provide a solid proof of their existence. In Peru, however, the three-fingered mummified beings that were discovered last year, may not be humans at all.
A Russian expert claims that the mummies, which have elongated heads, are not humans. Dr. Konstantin Korotkov, a professor of Computer Science and Biophysics at Saint-Petersburg Federal University, believes that the creatures are actually extraterrestrial beings.
Meet Maria, one of the six mummies found in Peru.
Inventor Reveals How Real-Life Iron Man Suit Works
This awesome human propulsion suit has earned inventor Richard Browning a spot in the Guinness World Records.
Move over, Tony Stark. We've got a new tech genius in town - and no, he's not fiction at all.
Meet Richard Browning, a 38-year-old inventor from UK who made waves after creating a body-controlled jet engine power suit similar to that one of popular Marvel character Iron Man.
Tagged by many as a "real-life Iron Man suit", Browning's invention has earned him a Guinness Record.
Elon Musk To Launch 4,000 Satellites Across The Globe To Provide High-Speed Internet
The high-speed internet can be accessed even in remote areas around the planet.
Over the past years, the world has undergone massive changes in terms of technology. But still, even though many parts of the world enjoy high-speed internet, some countries are lagging behind.
In third world countries, the internet service is expensive yet the people receive a slow connection. Elon Musk, the billionaire entrepreneur behind SpaceX and Tesla, may have the solution to this problem.