Former Liverpool soccer star Michael Owen has partnered with the -based (GCOX) to issue his name-backed OWN coin, reports March 21.
The OWN , set to be launched next quarter, would be used to buy merchandise or make donations to charities chosen by the athletes. OWN will also be connected to soccer centers Owen is developing in addition to tutorials from the former player.
The move follows that of Filipino boxer and politician Manny Pacquiao, who will become the first celebrity to launch his token on the platform, dubbed PAC coin, reports March 13.
GCOX is a -based startup that allows celebrities to create their own digital currencies dubbed “Celebrity Tokens” that can be used by fans in order to pay for stars’ exclusive content. According to , the idea of creating GCOX first emerged in February, 2017. The creators claim the project to be “the world’s first exchange helping celebrities create and list their own cryptocurrencies.” Meanwhile, there are similar players like that “the first blockchain company to massively tokenize celebrities.”
Celebrities worldwide keep creating their own digital currencies despite warnings from the (SEC) that ICOs endorsed by celebrities could be illegal, as in November, 2017.
On March 7, regulators sent a cease and desist order to organizers of the ICO Bitcoiin2Gen (B2G) by Steven Seagal in February. On , Young Dirty Bastard, the son of late rapper and producer Ol’ Dirty Bastard of the Wu-Tang Clan, announced he is launching his own cryptocurrency Dirty Coin (ODB).
Published at Thu, 22 Mar 2018 00:22:27 +0000
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