Data Vault Holdings is seeking an FEC stamp on its plan to market political NFTs to campaigns as an incentive for supporters. The digital items’ ownership – and the campaign supporter’s political sentiment – could be forever recorded on a blockchain. As an example, a $10 contribution might earn a specific level of token, while Data Vault takes $3 to process it.
“The NFT would be offered by the political committee with a focus on high-volume low-dollar donors consistent with the federal contribution limits,” according to the company’s FEC request. “The NFT could contain artwork, campaign literature, position papers and other campaign approved and compliant digital content including video, audio and interactive social media.”
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