Political NFTs? 🧐; Crypto craze in India🇮🇳; FinTech M&A is heating up 🚀
Good Morning FinTech, December 17
Good day Everyone,
And happy Friday! We’re done with the week - congrats! 🥂 But don’t relax just yet as I’ve prepared 3 really interesting FinTech stories for you today. Let’s jump straight into them:
Political NFTs? 🧐
The news 🗞 Yes, you read it right - NFTs are coming to politics too. One of them, honestly, is a bit surprising…
Engaging crypto community on legislative issues 👉 Shrina Kurani, a Democrat running in California’s 42nd Congressional District, will publish 2,022 non-fungible tokens (NFT) on the Solana blockchain as part of her election campaign.
The NFTs – digital tokens representing “vision and concept statements” and potential Web 3 policy agenda items linked to addresses on the Solana blockchain – are intended to bring the crypto industry into Kurani’s campaign to win a seat on the U.S. House of Representatives.
The NFTs would be part of a broader push, Kurani said, saying her campaign could also use tools like Discord to engage a community.
First lady 👀 Meanwhile former First Lady Melania Trump exploded the Twittersphere on Thursday with the announcement that she’s launching her own NFT platform.
Her debut non-fungible token (NFT) release is titled “Melania’s Vision,” and features watercolor style artwork of her own cobalt blue eyes, “providing the collector with an amulet to inspire,” according to a press release.
The NFTs will live on the Solana blockchain. Mrs. Trump said a portion of proceeds from the initial sales will go towards helping children aging out of the foster care system.