NEW YORK CITY – The impartial political group Innovate NY PAC right this moment introduced its endorsement of Andrew Cuomo for Mayor of New York Metropolis.
Plans to Make New York Metropolis the “International Crypto Capital” Enabling Tasks Similar to NYC USD™
This endorsement displays a shared dedication to a forward-looking financial agenda that leverages blockchain, tokenization, public-benefit stablecoins, and synthetic intelligence to generate new income streams, improve civic providers, and place New York Metropolis as the worldwide capital of innovation and finance.
Why Andrew Cuomo?
“We consider Andrew Cuomo brings the management, expertise, and imaginative and prescient to make New York Metropolis the worldwide chief in innovation,” mentioned Eddie Cullen, Chair of Innovate NY PAC. “Beneath his management, New York can as soon as once more change into the town that drives alternative for working households, entrepreneurs, and innovators alike.”
Our Coverage Agenda for the Subsequent Innovation Period
- Public Profit Stablecoins
Enabling tasks like NYC USD™, the primary stablecoin mannequin that makes use of its yield to fund affordability packages, schooling, and civic providers – proving know-how can work for the folks, not bureaucracies.
- Metropolis Affect Tokens
Supporting initiatives such because the NYC Token™, which channels blockchain know-how to drive new metropolis income with out extra taxes – funding reasonably priced housing, infrastructure, and civic innovation by way of tokenized impression fashions.
- Civic Actual-World Tokenization
Selling efforts similar to Tokenize the Border™, which harness blockchain to advertise binational collaboration, clean-energy zones, and financial progress. These tasks present how innovation will help remedy actual points like immigration by way of revenue-focused, cooperative fashions. By pioneering these civic tokenization frameworks, New York Metropolis positions itself because the nationwide chief in making use of superior know-how to international challenges – opening new markets for New York-based fintech, building, and clean-energy companies, attracting funding capital, and creating high-skilled jobs in blockchain engineering, infrastructure, and coverage improvement. In brief, each breakthrough that begins on the border strengthens New York’s standing because the monetary and technological capital of the world.
- Cross-Border STEM Collaboration
Linking New York Metropolis and Africa by way of digital schooling, expertise alternate, and analysis packages – constructing the inspiration for international fairness in innovation and increasing New York’s position as a worldwide schooling and tech hub.
- AI-Powered Sensible Tariffs
Exploring AI-driven tariff methods that dynamically regulate primarily based on real-time financial knowledge, maximizing U.S. and NYC income whereas strengthening commerce and selling international equity.
Why Does This Matter?
New York Metropolis stands at a crossroads. Conventional financial fashions can not preserve tempo with international innovation. By adopting blockchain and AI-driven finance instruments, the Metropolis can:
- Generate new public income with out elevating taxes
- Empower small companies and households with fashionable monetary instruments
- Rebuild international investor confidence in New York
- Lead america into the subsequent era of digital prosperity
About Innovate NY PAC
Innovate NY PAC is an impartial expenditure committee devoted to advancing innovation, technology-led financial progress, and public-benefit finance fashions in New York Metropolis. We function independently of any candidate or marketing campaign, and coordinate no communications or methods with candidates or their committees.
Evaluation ready by Innovate NY PAC Coverage & Analysis Staff, illustrating how public-benefit stablecoin yield could possibly be distributed to assist metropolis affordability.
Paid for by Innovate NY. CEO: Edward Cullen. High Two Donors: Angel 501 LLC and Put NYC First, Inc. Not expressly or in any other case approved or requested by any candidate or the candidate’s committee or agent.
Extra info at nyc.gov/FollowTheMoney.
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