The Miss Universe Organization has vehemently disavowed any affiliation with the Miss Universe Coin initiative, which was unveiled at the Philippine Blockchain Week (PBW) earlier this month.
The PBW has assured the public that it is actively engaged with all stakeholders in this matter and is committed to providing further updates shortly.
During the PBW event earlier this month, Donald Lim, the founder of the organization overseeing the PBW, made a stunning announcement, declaring that the PBW was preparing to launch the Miss Universe Coin.
However, in a surprising turn of events, the official Miss Universe Organization has distanced itself from the coin project and categorically labeled it as fraudulent.
On September 22, the official Miss Universe Facebook page issued a statement asserting that neither the Miss Universe Organization nor JKN Global Group, the entity responsible for the beauty pageant, has any ties to the coin project showcased at the PBW event.
They further stated their intent to explore all available legal options to address this infringement.
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The Miss Universe Organization clarified, “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.”
A spokesperson for the Miss Universe Organization went on to describe the Miss Universe Coin as a “fraud” and expressed concerns that it may surface at other international blockchain conferences, including those in Dubai and Singapore.
They urged media outlets to exercise caution and refrain from covering it if encountered at these events.
In response to the unfolding situation, PBW issued a statement via its X platform (formerly Twitter), affirming that it is actively communicating with all parties involved.
They have promised to share updates as soon as they become available. Cointelegraph reached out to the Philippine Blockchain Week for further clarification but had not received an immediate response at the time of reporting.
As the Miss Universe Coin project’s legitimacy hangs in the balance, the cryptocurrency and blockchain communities eagerly await additional information and clarification on this perplexing turn of events.
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