Miss Universe Organization Denies Coin Project Association

Miss Universe Organization's Response

The Miss Universe Organization has firmly denied any connection with the recently announced Miss Universe Coin project. This announcement came during the Philippine Blockchain Week (PBW), where the project was initially introduced. The organization has labeled the coin endeavor as fraudulent, emphasizing their non-involvement in any such initiative.

Philippine Blockchain Week Announcement

During the event, Donald Lim, the founder of the organization managing PBW, claimed that the Miss Universe Coin would be launched. This announcement created significant buzz, aligning the project with the prestigious Miss Universe brand.

Official Denial and Fraud Allegations

Weeks following the announcement, the Miss Universe Organization took to social media to clarify their stance. They publicly distanced themselves from the Miss Universe Coin, highlighting that there is no official partnership or endorsement. The organization also warned the public to be cautious, asserting that the project is a fraudulent scheme.

Ongoing Developments

Philippine Blockchain Week representatives have stated they are actively engaging with all parties involved to address the issue. They have assured the public of forthcoming updates regarding the situation, aiming to resolve any misunderstandings and ensure transparency.

Implications and Cautions

This incident serves as a reminder to verify the authenticity of projects linked to well-known brands. As digital currencies gain popularity, potential investors should exercise caution and conduct thorough research to avoid falling victim to scams. The Miss Universe Organization's swift response underscores the importance of protecting brand integrity in the digital age.