Latest News

Over 22,000 NFTs have been issued by the South Korean presidential candidate

Yoon Suk-yeol, the conservative presidential candidate in South Korea’s March 9 election, distributed non-fungible tokens (NFTs) on Monday with photographs and videos of himself in an attempt to attract younger voters in the last phases of his campaign.

Yoon has produced at least 4,000 NFTs on the Aergo blockchain , which went on sale on Monday for 50,000 Korean won (US$40.78) each on the South Korean NFT marketplace CCCV.
He intends to issue a total of 22,329 NFTs.

According to the most recent Gallup Korea poll on the presidential election. Of course, Yoon is dominating the race with a 39 percent approval rating. That’s, while Democratic Party nominee Lee Jae-myung is close behind with 38 percent.

Last month, Yoon’s left-wing opponent, Lee, tried a similar technique to target younger voters in their 20s. Then, and 30s by airdropping his own NFTs to campaign donors.
Both Yoon and Lee have promised to make crypto-friendly legislative changes. So, including as lifting a municipal ban on initial coin offerings (ICOs) that has been in effect since 2017.

Related Posts : The Brazilian Senate is set to vote on a crypto regulation bill

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.