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Yoon, a presidential candidate in South Korea mints over 22000 NFT


Legislators in South Korea are still supportive of digital assets, notwithstanding recent developments. A presidential candidate in South Korea issues NFTs in order to win over voters.

It has been reported that Yoon Suk-yeol, a conservative presidential candidate in South Korea’s upcoming March 9th election, has prepared pictures and videos to attract voters. The candidate’s NFTs are a desperate attempt to win over younger people.

According to the publication, Yoon aims to issue 22,329 NFTs on the AERGO blockchain as part of his cryptocurrency effort. Yoon has so far created over 4,000 NFTs, each of which has a 50,000 Korean Won price tag attached to it.

Lee has also said that he aims to award NFTs to campaign supporters. Donors would not be buying NFTs in order to comply with the Political Funds Act or the Public Officials Election Act, as they would be with other types of contributions. According to rumors, donors would instead get commemorative NFTs that will include a portrait of Lee and information about his policies.

Yoon isn’t the first presidential candidate to use NFT to get young people to vote for him. Earlier this year, Lee Jae-Myung, a Democratic Party candidate and opponent, dropped NFTs on campaign donors.

Lee, a candidate for the Democratic Party, said in January that he would accept bitcoin donations for his campaign. Lee is a member of the Democratic Party. In addition to Bitcoin, supporters may make donations in cryptocurrencies such as Ethereum (ETH), PayProtocol Paycoin (PCI), and a range of other cryptocurrencies (BTC).

About Nicolle

She is an Indian Freelance writer. She loves thinking, learning, and writing about all things Web3.

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