Pacquiao is now involved in cryptocurrency and has been enlisted as GCOX’s celebrity ambassador.
Last March 7, 2018, as stated in a press release, a virtual currency startup based in Singapore Global Crypto Offering Exchange (GCOX) announced boxing champion and Philippine Senator Manny Pacquiao as its celebrity ambassador. With GCOX’s cryptocurrency services which will include the creation of a virtual token dedicated for the boxer-turned-senator called PAC Coin, he will be able to connect better with his fans.
This involvement of Pacquiao in the said startup and as GCOX’s first celebrity ambassador was confirmed by a member of his team.
It was known that GCOX’s aim, being the world’s first global celebrity cryptocurrency exchange”, is to convert the popularity of celebrities in the form of currency through the creation of celebrity tokens. And then use these personalised virtual tokens to purchase the merchandise of a celebrity, stream video content just like of pay-per-view TV, and donate to selected charities of a celebrity through GCOX’s platforms.
Aside from Pacquiao, the startup has already attracted private investors.