Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: sirty143 on August 06, 2020, 05:58:09 AM

Title: Manny Pacquiao’s ‘Pac’ token is only complicating cryptocurrencies
Post by: sirty143 on August 06, 2020, 05:58:09 AM
Manny Pacquiao’s ‘Pac’ token is only complicating cryptocurrencies

(https://i.imgur.com/kkNtrA9l.jpg)

Why it’s become complicating cryptocurrencies according to the author of the article? See more for yourself here (https://medium.com/coincorner/manny-pacquiaos-pac-token-is-only-complicating-cryptocurrencies-da3fc564ff73).

Your opinion is greatly appreciated.
Title: Re: Manny Pacquiao’s ‘Pac’ token is only complicating cryptocurrencies
Post by: LogiC on August 06, 2020, 07:05:46 AM
Not really complicating but only add to the hype on cryptomarket. The article is from last year, and Im not sure whatever update on this project. But in my opinion these coins made from a well known public figures like him as well as akon, akoin will highly be hype but some real techno user would only flagged it like that without much real use case. Yes its a coin to their name but lets agree that they only hire a developer or blockchain expert to develop it and dont have solid concept only just to be in on whats trending now which is cryptocurrency.
Title: Re: Manny Pacquiao’s ‘Pac’ token is only complicating cryptocurrencies
Post by: TomPluz on August 06, 2020, 09:03:13 AM
Tokenizing celebrities is one of the trend that is coming soon and these famous people can easily do it because they have many millions of followers. I am not so a big fan of Manny but I admire his entrance into cryptocurrency as his platform can actually contribute towards a world of tokenization. Soon anybody can do tokenization but of course things are depending on the law of supply and demand.
Title: Re: Manny Pacquiao’s ‘Pac’ token is only complicating cryptocurrencies
Post by: Naimah on August 06, 2020, 12:44:16 PM
Each cryptocurrency project differs greatly in terms of technical aspects, necessary legal procedures and financial basis. Projects with different visions and company visions are often the main feature that determines how projects are funded.