2 years ago
U.S.-based crypto speech Coinbase launched a commemorative non-fungible token (NFT), “Stand With Crypto,” aft filing a legal action against the Securities and Exchange Commission (SEC).
According to its website, the NFT symbolizes unity among the crypto assemblage seeking a wide and sensible policy.
The NFT features a bluish shield, representing a corporate basal to support and beforehand the imaginable of crypto.
“The bluish shield not lone shows your enactment for the origin but besides that you’re portion of a increasing assemblage who believes successful the aboriginal of crypto.”
Meanwhile, the squad clarified that the NFTs are “purely commemorative” and “has nary intended inferior oregon value.”
All the proceeds associated with the NFT postulation launched would beryllium donated to vetted organizations done a Crypto Advocacy Round with Gitcoin, according to the website.
Over 13,000 individuals — including Coinbase CEO Brian Armstrong — person minted the NFT. OpenSea data shows that the postulation has a full measurement of 0.1793 ETH, and its level terms is 0.003 ETH.
Coinbase ramps up crypto advocacy efforts
Earlier successful the year, Coinbase launched Crypto 435 — a grassroots crypto run targeted astatine influencing policy-making successful the U.S.
At the time, the speech said it would enactment crypto advocates with accusation connected contacting politicians successful section districts and information connected their stance toward crypto.
The exchange’s ineligible enactment against the SEC is besides aimed astatine forcing the fiscal regulator to make guidance for companies successful the crypto industry.
Over the weekend, Armstrong and his unit met with the SEC and members of the U.S. Congress.
The station Over 13K radical mint Coinbase commemorative ‘stand with crypto’ NFTs appeared archetypal connected CryptoSlate.
English (US) 