"Syed Saddiq's idea to help flood victims is also wise, other parties can follow his footsteps."
Syed Saddiq, Member of Parliament for Muar and the youngest individual appointed as a minister has signed an agreement with NFT4HOPE on 8 January 2022 to launch a non-fungible token (NFT) collection with his face.
NFT4HOPE will reportedly auction some of Syed Saddiq's unique digital artworks for the purpose of raising funds to help flood victims.
Those who intend to buy the NFT should use Ethereum (ETH) as an alternative payment for the collection of digital assets.
It is well known that using cryptocurrencies like ETH to buy NFTs can help artists and the art industry thrive as each collection of digital assets can be sold for millions.
However, there are some parties who are against NFT saying that it can actually damage the environment.
Despite that, Syed Saddiq believes that NFT4HOPE is aimed at raising funds for flood victims in Malaysia.
Although NFT will have a negative impact on the environment in the long term, Syed Saddiq stressed that it can ease the burden of victims of floods or other disasters.
Returning to the description, NFT Syed Saddiq created by Malaysian artist Jaee Tee will have two different types of collections, namely "Super Rare" and "Ultra Rare".
