Cartoon Lobster NFT DAO Gives $4 Million to Crypto Lobbyist

1,000 ETH will be sent to crypto lobby group Coin Center.

Original Article by: Tim Hakki

A DAO (decentralized autonomous organization) after raising 1,000 Eth, has decided to donate it to the Crypto lobbyist group, Coin Center. They raised approximately 4 million dollars by selling lobster NFT’s at .1 ETH each, in just under an hour. The group receiving the coins specializes in “trying to get regulators off the back of the decentralized finance (Defi) industry”. A task that has become seemingly pivotal in the success of crypto, due to the recent FUD surrounding regulation within the industry.