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Democratic Party (DP) presidential candidate Lee Jae-Ming prepares to use non-fungible tokens (NFT) to raise funds for his campaign.
The party will issue NFTs to those who donate to the upcoming presidential election. The NFT will contain images of candidates and their promises.
in a interview Campaign official Jin Nanguo told Yonhap News that the party did this to attract the younger generation.
Nam-kook said: “As young generations in their 20s and 30s are interested in emerging technologies, including virtual assets, NFTs, and Metaverse, this type of fundraising may appeal to them.”
DP also pointed out that it is exploring new ways to utilize new technologies, including using NFTs in events and accepting crypto donations.
Just recently, another DP member also Announce He will accept cryptocurrency donations. Representative Lee Kwang-jae mentioned that he will accept cryptocurrency donations in mid-January.
“It’s time for us to conduct innovative experiments to enhance our understanding of these future technologies and change our perception of digital currencies and NFTs,” Lee wrote.
In addition, Li also emphasized that politicians should become leaders who embrace digital transformation. He pointed out that policies and laws have failed to keep up with the pace of digital development.
related: South Korean government asks Apple and Google stores to remove P2E games
At the same time, the Korean Financial Services Commission announced in early November that NFT will not be regulatedHowever, a few weeks later, the FSC announced a concession. NFT is taxable January 2022.
The amendment to the law will require a 20% tax on digital asset income in excess of 2.5 million won (US$2,100).However, the implementation of the tax One year delayed Due to the defect pointed out by DP.
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