Presidential candidate in South Korea to collect funds for cryptocurrencies, to output NFTS -

Lee Jae-Myung, which was nominated by the government party in South Korea for the upcoming presidential election this spring, is preparing to obtain funds in cryptocurrencies and not to output fungal tokens for supporters. His campaign hopes that the initiative will change young and technically experienced Korean voters, whose interest in digital assets is growing.

Government party of South Korea collects Kryptogelder for the presidential application

The Democratic Party of Korea, the leading political power of the country, will raise elections through cryptocurrency and donations in the form of non-fungible tokens ( nfts ), reported Korean media on Sunday. The election campaign of the party's presidential candidate, Lee Jae-Myung, is to be financed with the money.

bitcoin ( btc ), ether ( eth ) and up to three other cryptocurrencies are currently being considered. The final list of coins to be accepted will be announced in mid -January, the committee, which leads the LEES run, unveiled, cited by the Korean Herald and the Yonhap.

The NFTS will show photos of the candidate and his election promises to those who donate for the donation campaign for the presidential election on March 9. The tokens should serve as a new medium for communication with younger voters, especially the generation of digital natives. Campaign official Kim Nam-Kook explained:

Since the young generation is interested in new technologies, including virtual assets, NFTS and meta -verse, this type of middle procurement could be attractive for you.

In the reports, it is pointed out that the Democratic Party has examined opportunities to accept cryptocurrency donations and issue NFT receipts in order to highlight their bet on technology and attract millennials. Lee Kwang-Jae, who heads the Committee on Future Business in the campaign team, said that the DP was announced by the National Election Commission that it does not violate any electoral laws by accepting crypto.

On Thursday, the legislator He will start digital coins himself to accept supporters. "With politics we should break the regulations and promote new industries such as metavers and NFT and give hope to young people," emphasized Lee Kwang-Jae.

Party officials claim that if Lee Jae-Myung's initiative is successful, he will be the world's first candidate to publish NFTs as part of the efforts to finance a presidential application. The non -fungible tokens that represent political memorabilia could also have a future value and serve as an investment for the donors. The donated digital money is converted into Korean WON via a crypto exchange and then paid into the account of the campaign.

Do you expect more Korean politicians to start accepting cryptocurrency donations? Tell us in the comment area below.

lubomir Taskensev

lubomir Taskersev is a technically experienced journalist from Eastern Europe, who likes Hitchens' quote: "To be a writer is what I am and not what I do." In addition to crypto, blockchain and fintech, international politics and business are two other sources of inspiration.

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