SHIB, a famous digital currency in the Shiba Inu Ecosystem, partnered with the Manny Pacquiao Foundation. Manny Pacquiao, a celebrated boxer and senator from the Philippines, initiated the charity organization. The plan is to incorporate Shibarium, the L2 blockchain system, into the foundation’s routine tasks.
The Manny Pacquiao Foundation intends to incorporate Shibarium for improved organization, monitoring, and record-keeping of its diverse activities. It includes monitoring raised funds and received donations, resource allocation, and management. It aims to provide immense clarity to its global social missions.
Shibarium is the L2 network that works atop the main blockchain. It employs strategic methods to offload processing and data storage roles from the main chain. It boosts its performance, effectiveness, and safety; users see the less congestion and lower fees.
However, the digital coin SHIB is rising quickly in renown. As of the 16th of November, it ranked at 18 among all digital currencies, and its market capitalization has increased by 4.32% in the last 24 hours. This transformative project brings forward an array of offerings. It includes services like ShibaNFT and ShibaSwap, along with products named Shibarium and ShibaNet.
In 2008, the Manny Pacquiao Foundation was established as a non-profit organization to support education, aid disaster relief, uplift the less fortunate, and encourage hope globally. The organization partnered with esteemed entities such as World Vision, Save Children, and Habitat for Humanity.
The partnership between the Manny Pacquiao Foundation and SHIB marks a key turning point at the intersection of crypto and charity work. This alliance will mold charitable efforts towards a future with more visibility, smoother operations, and widespread advantages for society.
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“The author’s views are for reference only and shall not constitute any investment advice. Please ensure you fully understand and assess the products and associated risks before purchasing.“
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