Lee To Raise Election Funds Via NFTs To Woo Young Voters | Yonhap News Agency

 SEOUL, Jan. 2 (Yonhap) -- Ruling occasion presidential nominee Lee Jae-myung plans to boost election funds through a blockchain-based digital platform to attract assist from tech-savvy younger voters, his marketing campaign stated Sunday. 

 The Democratic Celebration (DP) will situation non-fungible tokens (NFTs) that embody Lee's picture and election pledges to those that ship cash to his fundraising marketing campaign for the March 9 presidential election, the committee stated. 

 NFTs are blockchain-based tokens that every characterize a novel asset like a chunk of artwork, digital content material or media.

 The committee stated it expects NFTs to function a brand new medium for messages to voters and produce political memorabilia to a brand new technology of digital natives.

 "Because the younger technology of their 20s and 30s are all for rising applied sciences, together with digital property, NFTs and the metaverse, this sort of fundraising might enchantment to them," Kim Nam-kook, a marketing campaign committee official, advised Yonhap Information. 

 The DP has been pushing for tactics to simply accept donations in cryptocurrency and situation NFT receipts to focus on its future know-how route and woo millennial voters because the tokens might maintain future worth worthy of monetary funding for donors in the future.

 If Lee raises political funds through the digital platform, he'll grow to be the world's first presidential candidate to situation an NFT for marketing campaign funds, in accordance with occasion officers. 

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