Philippine boxing and politics champion Manny Pacquiao launched his own cryptocurrency PAC. Now the celebrity will hold an initial exchange offer (IEO) on the licensed digital currency exchange GCOX.
When will IEO take place
The first round of IEO will take place today, November 12, and on the 13th and 14th of the day two more rounds of sales of PAC tokens will be held. For such purposes, the exchange has a special platform GCOX Sparkle.
The duration of each round will be 3 hours from 21:00 to 12:00 (GMT + 8). On November 19th at 18:00 PAC tokens will be distributed, and on the 21st GCOX Exchange will add PAC to the listing.
Manny Pacquiao and his PAC Token
Taking advantage of the blockchain, PAC Token (PAC) turns Manny Pacquiao’s popularity and brand into digital tokens that will help millions of fans get closer to their idol. PAC coin holders will be able to access the live broadcasts, buy exclusive products and compete in Manny Pacquiao himself. With the help of PAC tokens, you can support Manny Pacquiao in his charity mission, buy an autographed boxing glove and even book an exclusive VIP seat for a boxing match.
In addition, the partnership with LaLiga will provide exclusive products, services, social interaction and football tourism. You can learn more about the PAC token on the official site pactoken.io.
The project’s website says that Manny Pacquiao can now share his personal success stories and chat with fans live or through personalized video greetings.
Recall that Manny Pacquiao is a Filipino senator, has many fans, and of course his PAC token received support from the community. The celebrity is highly regarded as a Filipino national hero – by his example, he inspires millions of people. He is also written about on such major news channels as MSN, YAHOO, CNBC, Channel News Asia, Business Insider, The Verge, ZdNet and more
Manny Pacquiao could become the next president of the Philippines, which will significantly increase the demand for PAC tokens. So, the current president of the Philippines Rodrigo Duterte said that boxing champion Manny Pacquiao is able to become the next president of the country. However, PAC Token will already be in great demand, given the total Philippine population of 108 million.
Tokensale details
It is important that users use internal ACM tokens to participate in the IEO PAC.
- Token name: PAC Token (PAC)
- Blockchain used: ERC-20
- Tokensale launch date: November 12, 2019, 9 p.m. (GMT)
- A total of 700,000 PAC tokens will be offered
- 1 account can buy PAC tokens worth between $30 and $1,200
- 1 lot equals 100 PAC tokens
- 1 PAC in each round will be $0.30
When buying a PAC, investors will receive bonus tokens in Round 1, 2 and 3: 50%, 25% and 10% respectively.
The listing states that The Token Balloting system will be used for this purpose. This means that each account is limited to one subscription. When the IEO round closes, the tokens will be distributed not on the basis of “first come – first served” but by electronic voting. You can find out the results of the round the next day, before the start of the new round. Successful participants will receive tokens on their wallet on the day of the distribution of coins.
About GCOX
The GCOX cryptocurrency exchange was founded in 2018 to give celebrities and brands the opportunity to benefit from blockchain technology. GCOX Group includes companies that are pioneers in various sectors.
GCOX offers a user-friendly platform with easy deposits, low transaction fees, transparent trading and easy withdrawals. The exchange has also developed the “Acclaim!” mobile app, which allows fans to communicate directly with celebrities, including Manny Pacquiao. This app is designed to bring celebrities and fans closer together like never before. You can download “Acclaim!” in the APP store and Google Play now.
The company allows celebrities to tokenize their popularity, using a huge base of fans. In the “Acclaim!” app, users can not only communicate directly with their idols, but also take part in competitions to receive awards, access to exclusive products, and demonstrate their talents.
