The NFT collection Stand with Crypto was minted close to 13,000 with the support of Coinbase CEO Brian Armstrong.
Power wars in the crypto industry are in full swing. US regulators, in particular, have come into conflict with crypto exchanges. Regulators, who have applied harsh and sharp pressures, have also drawn the reaction of the crypto community.
Launched by Coinbase, the NFT collection Stand with Crypto aims to bring together people looking for sensible crypto policy. After Coinbase CEO Armstrong shared his support, the collection went from 20 mint to 13,000 mint within hours.
Coinbase Unites Crypto Community Against Regulators
Coinbase-backed NFT collection Stand with Crypto aims to unite communities against regulatory pressures on the crypto industry.
Recently, crypto pressures created by US regulators have begun to worry crypto maximalists. In conflict with the SEC, Coinbase mints NFTs with a “crypto support” message for free.
Coinbase CEO Brian Armstrong announced on Twitter that he mint NFT in his Stand with Crypto collection. Armstrong’s post turned into a crypto call for support. The collection reached 13 thousand mints within hours.
I just minted Stand with Crypto https://t.co/4T0OWbpCCf
— Brian Armstrong (@brian_armstrong) April 25, 2023
In addition, in the statement made by the team behind the collection, it was reported that all mint transaction fees will be donated. This support campaign initiated by Coinbase, which continues its legal struggle with the SEC, attracts great attention from the crypto community.
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