Political Group Launches ‘ICO’ to Support US House Candidate
Political Group Launches ‘ICO’ to Support US House Candidate
A political action committee (PAC) wants to conduct an initial coin offering (ICO) to support candidates for public office.
“BitPAC has its own funds but we’re also doing an initial coin offering,” said Dan Backer, the group’s founder. “Anyone who donates to [the PAC] as of [Friday] can get one politicoin.”
There’s no value associated with BitPAC’s politicoin, Backer explained, but the goal is to…
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