The Pac Token will help fans of the international boxing star turned politician and singer- Manny Pacquiao-obtain branded merchandise, also connect with their hero as tokens will get them access to live video streams and podcasts and even bid for exclusive VIP tickets to his shows. Pac token already has an impressive value owing to Pacquiao’s large fan base, and that it has all the features of a normal crypto token backed by the blockchain technology. Putting it in simpler terms, the Pac token is a utility token which will give fans exclusive access to his life and autograph merchandise while also being useful for digital payment & merchant services.
According to Boxing champion Manny Pacquiao, the Pac token is his avenue to give back to the community that has played a huge part in his rise to stardom. In what looks like a detailed plan for the future, the exchange launched the token has plans to initiate Pacpay, a digital payment system that is designed to enable fans to make purchases at merchant stores all over the globe, get mind-blowing discounts and gain nice rewards while making use of their PAC Tokens.
Who is Manny Pacquiao?
Manny Pacquiao, a serving senator of the Philippines, a Filipino professional boxer and a musician. It is not out of place to refer to the serving senator as one of the greatest professional boxers of all time. With 12 major world titles under his belt, Bert Sugar-world-renowned boxing expert and historian- has rated Pacquiao as the greatest southpaw fighter of all time. Apart from boxing, Pacquiao has taken part in basketball, business, TV hosting, acting, music recording, and politics. He was first elected into the Philippine House of Representatives in May 2010 where he represented the province of Sarangani. He is currently serving a six-year term that will end in 2022.
Unlike most celebrities who spend their wealth on luxuries without giving back to the society, Pacquiao has touched the lives of many less privileged Filipinos with his wealth by building thousands of homes for them and donating over $200 million to the poor during his entire career.
Pac token IEO campaign on GCOX exchange
Initial Exchange Offering platform- GCOX– holding the PAC token IEO campaign on the 12th of November at 9 pm (GMT+8). The IEO campaign does have 3 rounds where the crypto token will be sold. The 3 rounds are slated to last for 3 days consecutively for 3 hours each day (9 pm to 12 am). Pac Token sales will run from the 12th of November till the 14th of November within the stipulated time frame. There will also be the distribution of the PAC tokens on the 19th of November by 6 pm (GMT+8), and 2 days later on the 21st- the coin will be listed on the GCOX Exchange. A token balloting system will be used for the PAC token IEO owing to the massive interest in the celebrity coin. It is also important to note that PAC tokens will be assigned by means of an electronic ballot, and not on a first-come-first-served basis and the result of each round of ballot will be published the next day by 6 pm (GMT+8), before the next round of IEO begins at 9 pm (GMT+8). GCOX Exchange GCOX is a licensed crypto exchange that was founded in 2018.
This exchange enables superstars and other established brands to use the numerous advantages that blockchain technology brings to transform and remodel fame and celebrity-fan relationship. GCOX Exchange is developed by GCOX Group which consists of a group of companies making waves across various industries including finance, technology, and entertainment. Even more impressive is the fact that the GCOX group conducts its operations on a global scale.
The reasons Pac Token attracting investor attention for it’s IEO campaign
- It is a celebrity coin! The chief investor and name behind the Pac Token are Manny Pacquiao who is a senator of the Republic of the Philippines.
- Pacquiao has a large number of followers who support everything he ventures into, which will translate into great value for the coin.
- The Pac token is already receiving massive support from the crypto community.
- The Pac token will enjoy global news coverage, featuring well-established news agencies like the Guardian, the Verge, reuters, cointelegraph, Zdnet, firstpost, and so many others.
- The Pac Token will have great demand if Manny Pacquiao becomes president- considering the total population is 108 Million. (a feat that can be achieved).
- Jack Ma, the billionaire founder of Alibaba & Alipay is Manny Pacquiao’s close friend and news has it that he might be giving the senator advice for the token.
Celebrities Connections with Cryptocurrencies
It’s worth noting that Pacquiao first made his crypto ambition known to the world in April 2018, but the project could not go live last year.
“Pac token can be a way to be in touch with the fanbase. And there are lots of things we can do with this cryptocurrency,” declared Pacquiao at the time.
Commenting on the successful launch of Pac, Jeffrey Lin, Founder, and CEO of GCOX reiterated that the aim of creating Pac token is not to make huge amounts of money, but to build an ecosystem.
A good number of celebrities have shown interest in cryptos and distributed ledger technology (DLT) in recent times, including living tennis legend, Serena Williams who is currently invested in Coinbase exchange.
In October 2018, reports emerged that famous Hollywood actor, Johnny Depp has inked a strategic partnership deal with TaTaTu, a crypto-powered social entertainment platform.