A plan to make New York Metropolis a “world crypto asset” Reaching tasks equivalent to NYC USD™
NEW YORK CITY – Innovate NY PAC, an unbiased political group, immediately introduced its endorsement of Andrew Cuomo for New York mayor. This approval displays a shared dedication to a forward-looking financial agenda that leverages blockchain, tokenization, public curiosity stablecoins, and synthetic intelligence to create new income streams, improve citizen providers, and place New York Metropolis as a worldwide capital of innovation and finance.
Why Andrew Cuomo?
“We consider Andrew Cuomo brings the management, expertise and imaginative and prescient that may make New York Metropolis a world chief in innovation,” stated Eddie Cullen, Chairman of Innovate NY PAC. “Underneath his management, New York can as soon as once more change into a metropolis that promotes alternative for working households, entrepreneurs, and innovators.”
Coverage points for the following period of innovation
- public curiosity stablecoin
It’s the first stablecoin mannequin that allows tasks like NYC USD™ and makes use of its yield to fund inexpensive applications, training, and public providers, proving that know-how works for folks, not bureaucracies. - Metropolis Impression Token
Assist initiatives equivalent to NYC Token™. It leverages blockchain know-how to drive new metropolis income with out imposing extra taxes, funding inexpensive housing, infrastructure, and concrete innovation by way of a tokenized impression mannequin. - Actual-world tokenization of residents
Leveraging blockchain to advance initiatives equivalent to Tokenize the Border™, which fosters bilateral cooperation, clear vitality zones, and financial development. These tasks show how innovation will help clear up actual issues, equivalent to immigration, by way of a mannequin of profit-driven collaboration. By pioneering the implementation of those citizen tokenization frameworks, New York Metropolis is establishing itself as a nationwide chief in making use of superior applied sciences to world challenges, opening new markets for New York-based fintech, building, and clear vitality corporations, attracting funding capital, and creating extremely expert jobs in blockchain engineering, infrastructure, and coverage growth. In brief, each breakthrough that begins on the border strengthens New York’s place because the world’s monetary and know-how capital. - Cross-border STEM collaboration
Connecting New York Metropolis and Africa by way of digital training, expertise trade, and analysis applications, constructing a basis for world fairness in innovation and increasing New York’s function as a worldwide training and know-how hub. - Sensible tariffs powered by AI
Discover an AI-driven tariff system that dynamically adjusts primarily based on real-time financial information to maximise income for the U.S. and New York Metropolis whereas strengthening commerce and selling world fairness.
Why is that this necessary?
New York Metropolis is at a crossroads. Conventional financial fashions can not sustain with world innovation. By adopting blockchain and AI-powered monetary instruments, cities can:
- Generate new public income with out growing taxes
- Supporting small companies and households with the most recent monetary instruments
- Rebuilding world investor confidence in New York
- Main America to the Subsequent Technology of Digital Prosperity
About Innovate NY PAC
Innovate NY PAC is an unbiased spending committee devoted to advancing New York Metropolis’s innovation, technology-driven financial development, and public financing mannequin. We function independently of any candidate or marketing campaign and don’t talk or coordinate technique with candidates or their committees.
Evaluation ready by Innovate NY PAC Coverage & Analysis Crew. It reveals how public profit stablecoin yields may be distributed to assist city affordability.
Paid by Innovate NY. CEO: Edward Cullen. High 2 Donors: Angel 501 LLC and Put NYC First, Inc. Not approved or requested, specific or in any other case, by any candidate or candidate’s committee or agent.
For extra data, go to nyc.gov/FollowTheMoney.
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