Manny Pacquiao will blaze a trail for other athletes by launching a cryptocurrency, titled Pac tokens. The world champion boxer announced the Pac tokens currency at a concert, promoting his music career. The new crypto will allow customers to purchase either merchandise or access to Pacquiao through social media platforms.
Pac tokens will also be added to the Singapore Global Crypto Offering Exchange. Notable investors to the new crypto include the former Liverpool player, Michael Owen as well as Sheikh Khaled bin Zayed al Nahyan who is a member of the ruling family in Abu Dhabi. Michael Owen has also unveiled plans to launch his own crypto.
The new Manny Pacquiao cryptocurrency could open a market for other athletes to launch similar offers.