Candidate for Minnesota Governor Releases Campaign NFTs
Scott Jensen is minting several NFTs to raise money for his campaign.
Sep 1, 2021 at 4:41 p.m. UTC:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/RH6DHAVRTBBIRKLI2PW2ZNVRKE.png)
Dr. Scott Jensen is bringing the Minnesota State Fair to the blockchain.
The former state senator and current Republican candidate for Minnesota governor announced the release of two fair-themed non-fungible tokens (NFTs) on Wednesday, claiming his to be the first political campaign in history to do so.
As various industries scramble to capitalize on the growing interest in NFTs, politicians may well be the next group to enter the digital collectible space.
The two NFTs make up half of Jensen’s “Scott at the Fair!” collection, with 25,000 of each edition available to purchase for $5.
Purchasing one of the NFTs unlocks access to a rewards program of prizes throughout the campaign, such as the opportunity to meet Jensen and watch a Minnesota Vikings football game with former Viking Matt Birk.
Because the purchase constitutes a donation to Jensen’s campaign, there are limitations on who can purchase the NFTs and in what quantity. Maximum donations are $4,000 per person or $8,000 per couple.
Jensen will take on incumbent Gov. Tim Walz, a member of the Democratic-Farmer-Labor Party, in the state’s 2022 gubernatorial election.
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