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Islamic State turns to NFTs

by on06 September 2022


Still think they are a good thing?

Islamic state is turning to nonfungible tokens to get its message out there.

For those not in the know, presumably because the US media is a bit confused, the Islamic State is fighting a war with the Taliban. Last month a digital card praising Islamist militants for an attack on a Taliban position in Afghanistan last month was released.

It was the first known nonfungible token created and disseminated by a terrorist sympathiser, according to former senior U.S. intelligence official and a sign that Islamic State and other terror groups were using emerging financial technology to sidestep Western efforts to eradicate their online fundraising and messaging.

The NFT, visible on at least one NFT trading website and titled "IS-NEWS #01," bears Islamic State's emblem. It was created by a supporter of the group, likely as an experiment to test a new outreach and funding strategy for ISIS, the former officials said.

It was only really a matter of time,

Last modified on 07 September 2022
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