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Home»BITCOIN NEWS»Fundraising through NFT can be exempted from the SEC law.
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Fundraising through NFT can be exempted from the SEC law.

By Crypto FlexsMarch 23, 20254 Mins Read
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Fundraising through NFT can be exempted from the SEC law.
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US securities and exchanges, famous for “Crypto Mom”, are continuing to issue problems with tokens without encryption and swearing within the Cryptographic Regulatory Committee. In her recent promotion, the SEC commissioner argued that the encryption project should be able to fund the work using NFT as a fundraising mechanism. This move will increase NFT adoption among traditional companies and institutions when she succeeds.

Hester Pierce promotes more encryption and NFT agenda.

On March 21, the US Securities and Exchange Commission (SEC) held its first roundtable. According to the resignation of Gary Gensler, the meeting led by the Secretary of the SEC Chairman Mark Uyeda and the SEC Crypto Task Force lead, aimed at some modifications and considerations for the US encryption and NFT regulations.

SCOOP: SEC commissioner Herson says that NFTS can be the next crypto asset class.

PEIRCE mentioned Stoner Cats and FlyFish Club as an accurate type of NFT… https://t.co/ynbd2awqfz

-Sander Lutz (@s_lutz95) March 21, 2025

Hester Peirce, a SEC commissioner, said in a recent monopoly interview with the media that encryption startups used as a fundraising mechanism for using non -executed tokens should be exempted from securities regulations. This statement appears after a few hours of exemption from MemE Coins and Crypto Mining Projects using a work -proof consensus mechanism according to the definition of the securities. Peirce explained:

“We can also do it in NFT. If we can provide a kind of framework or a kind of marker that we can look at (NFT issuers), I think it can be helpful.”

The NFTS market raised up to $ 25 billion in the height of enthusiasts in 2021, and a variety of venture entrepreneurs raised billions for various ventures using NFT. Therefore, as the Hester Peirce can be seen, if the regulatory committee exempts the NFT used for compensation, fundraising and members, there will be a big green light in the traditional business that falls deeper into the blockchain. This can also be fueled for another NFT BULL running.

Fund funding through NFT

Stoner Cats, an impossible token project without animation made by famous actress MILA KUNIS, is a perfect example of an encryption startup that has successfully raised funds through NFT. In 2021, the company raised more than $ 8 million in NFTS sales to fund the show. The NFTS provided specific benefits to the holder, including access to the series, but could be traded in the second market.

The Stoner Cats, released in July 2021, were token collections that were characterized by 10,040 membership NFT sets hosted on Etherum Block Chain Network. Each second NFT market transaction provided 2.5% royalty to the Stoner Cats team, which means that each sales ratio went to the team by profit behind the project. At the time of writing, some NFTs offer the best proposal of 0.25 ETH.

In similar sales, FlyFish Club, the world’s first private restaurant club, collected more than $ 14 million through NFT sales to fund the restaurant construction. The NFTS, which provides a member qualification to the restaurant, can be auctioned in the secondary market with a similar royalty structure. Despite the smooth adoption of NFT technology, the Crypto Startup Stone Cats and FlyFish Club has previously faced anger of the SEC and accused the unprotected securities transaction.

Kunis

In 2021, I started the NFT project Stoner Cats.

All NFT owners provide a 6 episode series.

The price slowly went to zero and led to the rugs pool.

According to the SEC, the company raised $ 8 million in sales as the user purchased Ethereum NFTS as a ticket. pic.twitter.com/4uue3xbxnv

-XREMLIN (@0x_gremlin) June 2, 2024

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