US SEC Commissioner Hester Peirce suggests that crypto startups should be allowed to raise funds using NFTs 🚀. She emphasizes that NFTs offering art or membership-like features could be exempt from securities laws 🎨. Projects like 'Stoner Cats' and 'Flyfish Club' have already raised funds via NFTs, but faced SEC action 🚫.

Peirce believes exempting such NFTs from securities laws could create new opportunities for crypto entrepreneurs 🌟. However, she warns that NFTs with investment characteristics may still fall under securities laws 📝.

This development could have significant implications for the crypto and NFT markets 🚀. If implemented, it could pave the way for more innovative fundraising methods and increased mainstream adoption of NFTs 🌈.