Non-fungible tokens come to politics: Javier Milei is the first Argentine politician to create an NFT to raise funds


On Argentina, on September 12 will be held the primaries, open, simultaneous and mandatory (PASO for its acronym), in which the economist Javier Milei has run as a candidate to be deputy of the Congress of the Argentine Nation, and for this electoral process, created a NFT in order to raise funds for the campaign.

In this way, becomes the first Argentine politician to create a Token No Fungible or NFT as it is known by its acronym in English, with the intention of generating your own income for your electoral campaign. Milei, who has stood out for being a liberal-thinking economist, has used a rather novel resource for the politics.

Using the creation of this digital asset on the red from Ethereum It is a gigantic step to continue increasing the rage for non-fungible tokens in all kinds of fields. The curious token that represents in a short video his political and economic convictions, is becoming more and more appreciated.

At the time of introducing the token to the market opensea.io the token had a value of 0.5 Ethereum, which translates to an approximate value of about $ 1,800 at that time. At the time of writing, the asset is still being auctioned at about 0.8158 Ethereum, which translates to about $ 2,897.92.

The token in itself, it is a representation of the rejection that the Argentine politician has been showing against the macroeconomic public policies that are being carried out in the country Latin American, and additionally takes advantage of the launch to show that the use of cryptocurrencies It is an alternative form of market that although it is widely used in Argentina, it is no less true that strong regulations are leaving financial oxygen without investors locals and foreigners.

The announcement of the launch of the NFT was made by the red social Twitter, which was widely supported by the followers of Javier Milei. He has expressed on various occasions that he is a faithful defender of the absolute freedoms of citizens, and with the use of a network Blockchain and of an NFT to sponsor investment in the political campaign that it develops is a clear and forceful way that it is faithful to a decentralized economic system and free of central regulations.

The reality is that these types of digital assets have become more common on the crypto and artistic spectrum. Not only does the fervent believer in cryptocurrencies take care of it, but it has spread in different spaces and that has allowed the ecosystems keep growing. The use of crypto assets by some States, cities or municipalities, in addition to their use in sports, games, art, music, has pushed the true value of a non-fungible token, and therefore their usability is increasingly more everyday.

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