The NFTS donations can be exempted from the SEC laws

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Hyster Pears, the Securities and Stock Exchange Commissioner in the United States, famously known as “Mom Tifer”, continues to pay the issues of encrypted symbols and non -encryption symbols within the encryption organization committee. In her last batch, SEC Commissioner called that encryption projects should be allowed to finance her work using NFTS as a mechanism for collecting donations. This step will increase NFT between companies and traditional institutions if they succeed.

Hyster Pierce pays more encryption agendas and NFT

On March 21, the US Securities and Stock Exchange Committee (SEC) held the first round table ever. This meeting, led by SEC President Mark Uida, who took office in the wake of the resignation of Gary Ginsner and Hyster Pierce, the SEC’s work team leader, was aimed at making many modifications and considerations in the code and NFT regulations in the country.

🚨SCOOP: SEC Hester People Commissioner tells me that NFTS can be the following category of encryption assets.

Pierce Cats Stoner and Flyfish Kadil as a delicate type of NFTS … https://t.co/ynbd2awqfz

– Sander Lutz (@s_lutz95) March 21, 2025

In a recent exclusive interview with the media, SEC Hester People Commissioner said that startups looking to use NFTS as a mechanism to collect donations to finance their work must be relieved of securities regulations. This statement appears a few hours after the commission is exempt from Meme currencies and encryption mining projects using the work consensus mechanism from falling into light of its definition of securities. Pierce explained:

“We can do this on NFTS as well. If we can provide a type of frame or a type of signs [NFT issuers] To look, I think it might be very useful. “

The NFTS market raised up to $ 25 billion at the height of the obsession in 2021, with the adventurous encrypted entrepreneurs who use NFTS to collect billions for various projects. Therefore, if the organizational committee exempts the NFTS used in rewards, collecting donations, and membership, as Hester People indicates, there will be a huge green light for traditional companies looking to dive into Blockchain. This can nourish NFT another bull.

Collect donations via NFTS

Stoner Cats, a non -animated symbolic project created by the famous actress Mila Konis, is an ideal example of the success of the success of the money that successfully raised money via NFT. In 2021, the company raised more than $ 8 million of NFTS sales to finance the offer. NFTS has offered holders of some privileges, including access to the series’s offer, but they were also trading in secondary markets.

Stone Cats was launched in July 2021, a non -applicable symbolic collection characterized by a limited set of 10,040 NFTS memberships hosted on Ethereum Blockchain. Each NFT high school transaction has provided Stoneer Cats by 2.5 %, which means that a percentage of each sale went to the team behind the project as revenue. At the time of writing this report, some NFTS has the best offer of 0.25 ETH.

In a similar sale, Flyfish Club, the world’s first food club member, collected more than $ 14 million through NFT sales to finance restaurant construction. NFTS, which was offered to the membership of the restaurant owners, can be sold on the secondary markets with a similar royal structure in its place. Although NFT technology is wisely adopted, Crypto Startup Stone Cats and Flyfish Club had previously faced SEC, who accused them of trading unorganized securities.

Mila Konis

In 2021 she launched the NFT Stone Cats project.

Submit a series of six episodes to all NFT owners.

The price went slowly to scratch, which led to the pulling of the rug.

According to SEC, the company raised $ 8 million in sales as users bought NFTS ETAREUM as tickets for … pic.twitter.com/4uue3xbxnv

– xremlin (@0x_gremlin) June 2, 2024