Matt West, a former decentralized finance developer, is campaigning in Oregon’s sixth congressional district. He will sell a collection of Ethereum-based NFTs to raise funds for his campaign.
The NFTs feature beavers (Oregon’s national animal) drawn by film poster artist Paul Zeaiter. They vary in price and rarity, with the most expensive tiers reaching nearly $5,800, said Mr. West, a Democrat.
You can read on the Matt West’s campaign website : “ The CryptoBeavers, originally from Oregon and cryptotwitter, traveled to the US capital, ready to defend the blockchain. They are ready to become voters, Capitol staffers, members of Congress, monuments, and to appear on the Great Seal of the United States. Because that’s what CryptoBeavers do “.
It’s unclear whether they’ll make a difference in the battle for Oregon’s new congressional district. Nine Democrats are vying for the party’s nomination in what has become a surprisingly expensive primary race. One candidate has estimated campaigns and political action committees (PACs) will spend $15 million by primary day, May 17.
Many candidates are getting into NFT
Matt West is not the first candidate in an election in the United States to use NFTs for his campaign. One example is Shrina Kurani, a Democrat running for Congress in California’s 41st district. It is in collaboration with Abris, a carbon-neutral NFT marketplace based on Algorand.
They announced today the launch of “Kurani for Congr3ss”, a collection of 230 NFTs to raise awareness for Kurani’s campaign. It also highlights the potential for innovative and climate-friendly solutions in the growing Web3 space. The 230 NFTs available represent the 230 billion tonnes of carbon remaining in the global “carbon budget”. In other countries, NFTs are also a hit, such as the presidential election in South Korea.
Other candidates fell into rather absurd creations. Like the former senator and current Republican candidate for governor of Minnesota who announced the release of two NFT tokens. On the theme of the fair. The style is particularly offbeat and it is difficult to know the electoral impact.
However, we can recognize the work on the usefulness of the NFT. Indeed, the purchase of one of the NFTs unlocks access to a rewards program throughout the campaign. Like the opportunity to meet Jensen and watch a Minnesota Vikings football game with former Viking Matt Birk.
For the case of Matt West, this one insists on the side blockchain-friendly of his project: “There have been a few who have had success, but generally they are not treated with respect. They are not necessarily exchangeable. They are not redeemable for cash. You pay them by credit card and on a alt chain West said. By referring to the blockchains of smart contractsother than Ethereum. Learn all about the relationship between NFTs and political party funding here.
The choice of the Ethereum blockchain
However, we can question the choice of the Ethereum blockchain. Very energy-intensive and having the highest fees of all blockchains. Asked if this fact could prove to be a handicap for the campaign in a Democratic primary, West answered in the negative.
” Ethereum is going to beProof-of-Stakevery soon“, did he declare. Stating that the change will result in a “2,000 times reduction in energy consumption“.
“NFTs Highlight West’s Commitment to “Progressive” Crypto Policies‘” said Zeaiter. The project artist and soon-to-be beneficiary of their secondary market royalties.“The regulations are coming, and I’d rather have someone like Matt who knows his stuff in Washington, DC, to determine their outcome.»
Blockchains and NFTs are therefore increasingly at the heart of the campaigns and promises of candidates at all levels of the American political spectrum. It is a real asset to have such enthusiasm and a desire to democratize the use of NFTs and blockchain during an election.
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A Democrat launches his NFT campaign
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