PDAX Pledges ₱200,000 in Gold-Backed PAXG to Olympic Gold Medalist Carlos Yulo

Along with the nation, the Philippine web3 community also celebrated the Olympic gold win of gymnast Carlos Yulo.

The Philippine web3 community joined the nation in celebrating the Olympic gold win of gymnast Carlos Yulo.

PAXG, the digital token backed by physical gold, also saw a surge in interest and trading volume on local crypto exchange PDAX following the news of Yulo’s gold medal win.

What’s new. Several web3 entities also announced their support for Yulo in a humorous way, such as offering him Axie scholarships for web3 games with lifetime SLP rewards.

While the support for Yulo ranges from pledges to largely symbolic or merely in jest, there’s no denying that his gold feat at the 2024 Paris Olympics is celebrated by everyone in the Philippines.

What’s next. As more Filipinos learn about Bitcoin, crypto, and web3, expect to see more interesting ways in which the community expresses its support for outstanding individuals like Yulo.

This is a developing story. Refresh for updates.

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