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Manny Pacquiao, the Filipino boxing champion, has established his cryptocurrency, listed on the Global Crypto Offering Exchange in Singapore.
Manny Pacquiao, the Filipino boxing champion and celebrity, has established his cryptocurrency.
The South China Morning Post said on Sept. 1 that the Filipino boxer-turned-politician-turned-singer established his token with the help of private investors like ex-Liverpool and England soccer star Michael Owen and Sheikh Khaled bin Zayed al-Nahyan, a member of Abu Dhabi’s ruling family.
Pac’s coin will be listed on the Global Crypto Offering Exchange (GCOX) in Singapore, allowing fans to buy items and communicate with him on social media.
According to reports, GCOX Founder and CEO Jeffrey Lin stated that the token’s goal is to create a token ecosystem rather than raise money.
Pacquiao, who presently holds the WBA welterweight belt, was elected to the Philippine Senate for the first time in June 2016.
As previously reported by Cointelegraph, American singer-songwriter Jason Derulo intends to develop his coin on the site.
“We are committed to assembling a wide, multi-talented variety of stars at GCOX, and Jason will certainly not be the last artist to join our ranks,” GCOX’s chief communications officer Evan Ngow said at the time.
GCOX states in its white paper that its solution is based on the Acclaim blockchain and is intended to benefit celebrities at various stages of their careers.
The beginnings of the Speed Bag as we know it now are unknown. Certain historical artifacts portray ancient Greek and Roman boxers striking a bag-like device, most likely filled with some material or water. Because contemporary rubber air bladders were developed after the vulcanization of rubber in the 1840s, these were almost certainly animal skins or other materials. According to these historical images, man has been making different size punching bags and hanging them in various ways for as long as he can make a fist.
The speed bag (also known as a “hitting bag” or “speedball”) has been seen in a variety of forms and shapes, hung from a variety of wood or metal hangers, variety of swivels. Several linkages to this fascinating history have been discovered via our investigation.
In 1904, Richard K. Fox released a fascinating book called BOXING AND HOW TO TRAIN, written by Sam C. Austin, sporting editor of the Police Gazette.
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