Donations can be exempted from the laws of donations through NFTS

adminMarch 22, 2025

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Donations can be exempted from the laws of donations through NFTS

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Hester Pierce continues to push the issues of the Crypto Regulatory Commission, which is known as the US Securities and Stock Exchange Commissioner “Crypto Mother”. In the last thrust, the Second commissioner argued that crypto projects should be allowed to finance their work as a donation collection mechanism using NFTS. If this movement is successful, it will increase the adoption of NFT among traditional enterprises and institutions.

Hester Pierce pushes more crypto and NFT agenda

On March 21st, the United States Securities and Stock Exchange Commission (SEC) held its first round table meeting. After the resignation of Gary Gensler, SEC President Mark Uyeda and SEC Crypto Mission Force leader Hester Peirce aimed to make various changes and thoughts in crypto and NFT regulations in the country.

🚨scoop: Secure commissioner Hester Peirce says that NFTS may be the next class of crypto assets, exempt through a statement of securities regions – especially the types of donation collection types by companies

Peirce referred to Stoner Cats and Flyfish Club as a full NFT type… https://t.co/ynbd2awqfz

– Sander Lutz (@s_lutz95) March 21, 2025

In a recent interview with the media, the SEC commissioner Hester Peirce said that crypto attempts should be exempted from securities regulations of crypto initiatives who want to use jets (NFTS) which are unknown as a donation gathering mechanism to finance their business. This statement emerges a few hours after exempting breast mine coins and crypto mining projects by using a consensus mechanism to ensure that the commission falls under the definition of securities. Peirce explained:

“We can do this in NFTs. [NFT issuers] To look, I think it can be quite helpful. “

In 2021, the NFTS market rose by $ 25 billion in Mani, and entrepreneur crypto entrepreneurs upgraded billions of NFTs for various initiatives. Therefore, if the regulatory commission exempt NFTs used for donations, donations and memberships, as Hester Peirce points out, there will be a large green light for traditional businesses who want to dive deeper into Blockchain. This can even feed another NFT Taurus run.

Collection of donations through NFTS

Stoner Cats, a non -animated marker project created by the famous actress Mila Kunis, is an excellent example of a crypto attempt that successfully collects funds through NFT. In 2021, the company collected more than $ 8 million from NFTS sales to finance the show. NFTs offered owners certain advantages, including access to view the series, but also traded in secondary markets.

Stoner Cats, released in July 2021, was a non -Fighed collection of 10,040 memberships hosted at Ethereum Blockchain Network. Each secondary NFT market process provided 2.5% copyright to the Stoner CATS team, so a percentage of each sale went to the team behind the project. During writing, some NFTs have the best 0.25 ETH offer.

In a similar sale, Flyfish Club, the only private dining club of the world’s first member, collected over $ 14 million through NFT sales to finance the construction of the restaurant. NFTS, which offers membership to the owners of the restaurant, can auction in secondary markets with a similar copyright structure. Although he adopted NFT technology with compassion, crypto initial stone cats and Flyfish Club were faced with the wrath of SEC, who accused them of doing irregular securities.

Mila Kunis

In 2021, the NFT project launched Stoner Cats.

It offers all NFT owners a six -part array.

Price slowly went to zero and led to the carpet pulling.

According to SEC, users bought Ethereum NFTS as a ticket, while the company collected $ 8 million from sales. pic.twitter.com/4uue3xbxnv

– Xremlin (@0x_gremlin) 2 June 2024