Legendary Boxer and Shibarium Partner to Elevate Transparent Philanthropy

  • Manny Pacquiao Foundation partners with Shibarium for transparent philanthropy on blockchain.
  • Shibarium’s collaboration enhances MPF’s transparency, optimizing fundraising and resource management.
  • Pacquiao’s charity embraces Shibarium, integrating advanced blockchain tech for global humanitarian impact.

Manny Pacquiao’s philanthropic arm, the Manny Pacquiao Foundation (MPF), has joined forces with Shibarium, a Layer 2 blockchain within the Shiba Inu Ecosystem, to bolster its fundraising and operational capabilities.

Read CRYPTONEWSLAND on Google News google news

The California-based nonprofit, led by the boxing legend, seeks to leverage Shibarium to optimize the tracking and management of donations and resources, thereby enhancing transparency in its humanitarian initiatives globally. 

Jon Sisson, Executive Director of the Manny Pacquiao Foundation, emphasized that Shibarium’s adoption aligns with their mission to scale operations and extend assistance to millions more individuals.

Shytoshi Kusama, the Lead Developer of Shiba Inu, expressed gratitude for the partnership with the Manny Pacquiao Foundation, emphasizing the significance of incorporating advanced Web 3 technologies into charitable endeavors.

The collaboration marks the foundation’s most extensive venture into blockchain technology. However, it underscores its ongoing commitment to crypto adoption, having accepted SHIB donations since 2021 and collaborating with entities like Binance Charity and the Jack Ma Foundation.

Shibarium, built atop Ethereum, employs the Proof of Participation (POP) mechanism, emphasizing community engagement and environmental sustainability. Positioned within the broader Shiba Inu ecosystem, Shibarium is currently in its beta phase, PUPPYNET 3, aiming to facilitate digital innovation and peer-to-peer transactions with rapid, low-cost transactions.

Manny Pacquiao, renowned not only for his boxing prowess but also for his engagement in the crypto space, previously served as GCOX’s ambassador in 2018, introducing the Pac Token. In 2023, Pacquiao announced the establishment of Pac Pay, his crypto and fintech firm.

The boxer also delved into the non-fungible token (NFT) realm, launching various NFT projects, including the “Pacman the Jack Russell” collection and the Manny Pacquiao NFT (MPNFT) collaboration with Lodi Technologies. Additionally, Pacquiao partnered with GameFi Project Xeno for a blockchain project earlier this year, offering exclusive NFT designs for purchase with stablecoins or credit cards.

Read Also

Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

related posts