Candidate for US Congress uses NFT in his political campaign

California congressional candidate Shrina Kurani believes the Web3 industry needs tech-savvy legislators and is using NFTs in her political campaign.

Through the NFT, Shrina Kurani intends to draw public attention to her political campaign and raise people’s awareness of the environmentally friendly use of Web3 developments. The politician is partnering with the Abris platform to issue 230 NFTs worth between $1,250 and $5,800.

According to Kurani, non-fungible tokens serve as a kind of “merch” for the campaign, and the proceeds from their sale will be used to build a political team. The politician is sure that the country needs legislators who are versed in technology, otherwise the Web3 industry will not develop.

Kurani is vice president of business at New York-based technology company Republic. The company specializes in retail investments and provides blockchain advice. In total, Republic has invested about $700 million and supported 600 companies.

“With cryptocurrencies, we can democratize access to financial services and exploit the tightly intertwined relationship between technology and property. New technologies will help educate the American public and improve the financial literacy of citizens, especially those segments of the population that have historically been disenfranchised,” Kurani said.

The congressional candidate said that if elected, she would pay more attention to laws relating to tax and accounting records. In her opinion, more attention should be paid to the Know Your Customer (KYC) principle and the fight against money laundering (AML), then there will be more trust in the industry.

In late February, another congressional candidate from the state of California, Aarika Rhodes, announced that she was going to use cryptocurrencies to facilitate and protect welfare payments to poor Americans.

Source: Bits

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