In a groundbreaking announcement via Twitter, the Manny Pacquiao Foundation revealed an exciting collaboration with Shiba Inu, expressing gratitude to the SHIB Army for their support. The strategic partnership aims to integrate Shibarium, Shiba Inu’s layer two blockchains, into the operations of the Manny Pacquiao Foundation, marking a significant leap forward in philanthropic endeavours.
— Manny Pacquiao Foundation (@MPac_Foundation) November 15, 2023
According to an official press release, the implementation of Shibarium is set to revolutionize the foundation’s activities by enhancing efficiency, optimizing processes, and ensuring secure record-keeping. Blockchain technology will be pivotal in tracking donations and fundraising, facilitating seamless fund distribution, and managing various resources associated with the foundation’s charitable initiatives.
One of the key advantages highlighted in the statement is the heightened transparency that Shibarium is expected to bring. By leveraging the Shiba Inu layer two blockchain, the Manny Pacquiao Foundation aims to provide a clearer and more comprehensive view of its impactful social initiatives on a global scale.
In a short video message attached to the announcement, boxing champion Manny Pacquiao personally thanked the SHIB community for their support. He expressed excitement about the partnership, stating, “Thank you, SHIB community, for supporting the Manny Pacquiao Foundation. We are excited about this partnership. God bless.”
Established in 2019, the Manny Pacquiao Foundation is a U.S.-based nonprofit organization that assists the less fortunate and fosters hope globally. Manny Pacquiao, known for his philanthropic efforts, has reportedly contributed over one-third of his career earnings to various charitable causes.
Alongside the collaboration announcement, the foundation provided an update on the recent launch of its second edition NFT, “The Shib.” The first edition, comprising 1,000 NFTs, was reportedly fully minted within 24 hours of release. For the upcoming edition, the foundation plans to make 3,000 NFTs available, allowing the SHIB Army to engage with and uniquely support charitable initiatives.
This strategic partnership between the Manny Pacquiao Foundation and Shiba Inu marks a significant milestone in the convergence of philanthropy and blockchain technology, showcasing the potential for innovative solutions to drive positive change on a global scale.