South Korea's presidential candidate relies on NFTS to finance his election campaign
South Korea's presidential candidate relies on NFTS to finance his election campaign
- South Korea's democratic party candidate Lee Jae-Myung is the first presidential candidate to perform through a NFF fund.
- The NFT will contain Lee's picture together with specific election promises for those who donate to his campaign.
We saw last year how important politicians warmed up for cryptocurrencies. In one of the first steps, the South Korean presidential candidate Lee Jae-Myung is now planning to collect money for his election campaign with the help of non-fungible tokens (NFTS).
With his new strategy, Jae-Myung also wants to address younger NFT experts. According to people who donate money for the campaign, NFTS that were issued by the party are reported. As we can predict, these NFTS pictures of the candidate together with his commitments will contain.
As we know, are not fungal tokens (NFTS) blockchain-based tokens that represent unique assets such as digital content, digital media or a work of art. The committee said that the NFTS will serve as a new medium for the messages to the voters.
In addition, it will also help to convey a completely new generation of digitally native political memorabilia. In conversation with the local news publication Yonhap News Kim Nam-Kook, an official of the election campaign committee said :
Since the young generation is interested in new technologies in the 20s and 30s, including virtual assets, NFTS and meta -verses, this type of fundraising could be attractive for them.
LEES Democratic Party will issue a NFT that contains LEES picture together with specific election promises for those donating for the campaign. Lee added: "It is high time that we carry out innovative experiments in order to improve our understanding of these future technologies and to change the perception of digital currencies and NFTS."
Setting up a new precedence of NFT-led political campaigns
The Democratic Party of South Korea has pushed for opportunities to accept donations in digital assets and NFTs. This should only emphasize the transition to future technologies and thus rewrite the voters of the millennials.
If Lee succeeds in collecting significant political means via this digital platform, he will be the world's first political presidential candidate to publish a NFF for campaign financing.
The participation of politicians in NFTS is not new. Last year in October, US presidential candidate Andrew Yang published an NFT in cooperation with Bankless. In Arizona, the hopeful Senator Blake Masters also offers "Zero To One" nfts based on his early cover artwork for his book "Zero To One". At that time he said:
This is the first NFT to share the cool story of the book and collect money for my US Senate campaign so that we can help to use the thinking of "Zero to one" to save America from the abyss of destruction.
Source: Crypto-news-flash.com
Kommentare (0)