"Plans to Support Election Funds via NFT and More"

[Image source=Yonhap News]

[Image source=Yonhap News]

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[Asia Economy Reporter Gong Byung-sun] Lee Jae-myung, the presidential candidate of the Democratic Party of Korea, reiterated his stance that a nationwide disaster relief fund is necessary. He also showed interest in cryptocurrency, stating that he plans to receive election campaign donations through non-fungible tokens (NFTs).


On the morning of the 3rd, after attending the 'Opening Ceremony of the Securities and Derivatives Market and Stock Market Festival' held at the Korea Exchange in Yeouido, Yeongdeungpo-gu, Seoul, Candidate Lee told reporters, “Not only specific individuals and groups who suffered damage due to cooperation with quarantine measures but all citizens are facing difficulties, so it is necessary to provide support or compensation for everyone’s losses and hardships through national finances.” He added, “The basic principle is to prioritize urgent support depending on the size of the supplementary budget, so the decision will depend on cooperation with the government and coordination with the opposition parties.”


He also expressed interest in revitalizing the NFT industry. NFTs refer to cryptocurrencies that digitize and certify existing assets as tokens. Candidate Lee said, “I am considering using NFTs for election campaign donations as well,” and added, “Since it is a key sector of the upcoming future industry, it is important not to ignore it but to actively accept it as an industry and turn it into an opportunity.”


While positively evaluating the pledges of Yoon Seok-youl, the presidential candidate of the People Power Party, he emphasized execution. He said, “I have been paying close attention to Candidate Yoon’s pledges and think they are excellent policies,” but added, “As the election nears its end, it becomes difficult to find differences in the content of pledges, so I hope the public will focus on whether they can actually be implemented.”



However, regarding the suspension of Candidate Yoon’s schedule, he responded, “This is the first time I am hearing about it, so I will comment later.” He also said he had not heard about reports that Kim Jong-in, the People Power Party’s overall election committee chairman, is undertaking a full reorganization of the campaign committee.


This content was produced with the assistance of AI translation services.

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