A South Korean MP has unveiled plans to create a political donations platform for cryptoassets such as bitcoin (BTC) and ethereum (ETH) – with receipts issued in the form of non-fungible tokens (NFTs).

According to the news agency Yonhap, the project is the brainchild of Lee Kwang-jae, an MP representing the ruling Democratic Party. South Korea is due to go to the polls twice next year, and campaigning is already beginning to ramp up.