Miss Universe Denies Affiliation with Recently Unveiled Coin Project
The Miss Universe Organization has come forward to deny any association with the Miss Universe Coin project that was announced at the Philippine Blockchain Week (PBW) event. In a statement, the PBW confirmed that it is currently in contact with all parties involved and will provide an update soon.
During the PBW event earlier this month, an announcement was made about the Miss Universe Coin project. Donald Lim, the founder of the organization managing the PBW, stated that they would be launching the Miss Universe Coin. However, weeks after the announcement, the official organization behind Miss Universe refuted any connection to the coin project, labeling it as a fraud.
On September 22, the Miss Universe official Facebook page released a statement clarifying that the Miss Universe Organization and JKN Global Group, the company behind the pageant, have no affiliation with the coin project unveiled at the PBW event. The organization expressed its intention to pursue legal action regarding this infringement.
“There is currently no Miss Universe cryptocurrency or blockchain offering, and these products are in no way involved with the voting or selection process for Miss Universe or the Miss Universe Philippines pageants,” the statement read.
Furthermore, a representative from the Miss Universe Organization branded the Miss Universe Coin as a “fraud.” They also warned that the project might be announced at upcoming blockchain conferences in Dubai and Singapore, advising against providing any coverage as it is illegitimate.
— Philippine Blockchain Week (@philblockchain) September 24, 2023
The PBW, in a statement on X (formerly Twitter), assured that it is currently in contact with all parties involved and will provide an update as soon as possible. Cointelegraph reached out to the Philippine Blockchain Week for further information but has not received an immediate response.
The Denial of Association
The Miss Universe Organization’s denial of any connection to the Miss Universe Coin project has raised questions and concerns among blockchain enthusiasts and crypto investors alike. Here’s what we know so far:
- Official Denouncement: The official statement posted on the Miss Universe Facebook page made it clear that the organization has no involvement with any cryptocurrency or blockchain offering related to Miss Universe.
- No Voting or Selection Influence: The statement emphasized that these products have no bearing on the voting or selection process for Miss Universe or the Miss Universe Philippines pageants.
- Alleged Fraud: A representative from the Miss Universe Organization denounced the Miss Universe Coin project as a fraud and cautioned against any coverage or support.
These revelations have left many wondering about the intentions behind the announcement of the Miss Universe Coin project and the subsequent denial of affiliation by the official organization.
The Future of Miss Universe Coin
With the Miss Universe Organization disavowing any connection to the project, the future of Miss Universe Coin remains uncertain. It is important for potential investors and individuals interested in the project to exercise caution and conduct thorough research before getting involved.
The crypto industry has seen its fair share of fraudulent schemes and scams, making it crucial for individuals to be cautious and skeptical. Always verify the legitimacy of any crypto project and look for clear and transparent information and partnerships.
It is unfortunate to witness situations where legitimate organizations are falsely associated with fraudulent crypto projects. This incident serves as a reminder to investors and enthusiasts to exercise caution and conduct due diligence before engaging with any project or investment opportunity.
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