Finally The Philippines got a Gold Medal in the Olympics thru  Willy Wang who powered the Philippines to a strong start at the Beijing Olympic Games wushu competition that started since Thursday with a front-running first-day score in the taolu event at the Olympic Sports Center.

But because wushu is only a demonstration sport, Wang’s victory will not count in the regular medal standings.

It was said that the bonus for the first Filipino Olympic gold medalist in Beijing has reached 9.5 million pesos (214,000 U.S. dollars) after a new reward pledge came to light on Friday. Jimmy Ong co-owner of No Fear sports apparel and a Former Philippine Wushu Federation pledge a financial reward of 1 million pesos (22,600 dollars) to the first Filipino athlete who will win the country’s breakthrough gold medal in the Beijing Olympics bringing 9.5 million pesos as an incentive to the first local athlete who can end the country’s 80-year gold-medal hunt in the quadrennial Games.

Filipino boxing icon Manny Pacquiao has also pledged 1 million pesos.