Innovate NY Announces $4.2B Economic Impact from Immigrant Innovation, Endorses Cuomo
A Bold Plan for Economic Growth Through Civic Real-World Tokenization with Projects Like Tokenize the Border™
The impartial political group Innovate NY PAC reiterated its assist for Andrew Cuomo for Mayor of New York City, emphasizing his management and dedication to creating New York the worldwide capital of know-how, crypto innovation, and financial alternative.
In alignment with that imaginative and prescient, Innovate NY PAC is advancing a pioneering coverage framework often called Civic Real-World Tokenization via initiatives equivalent to Tokenize the Border™, a undertaking designed to remodel immigration and border administration into engines of clean-energy growth, job creation, and binational collaboration.
“Andrew Cuomo’s management represents the sort of forward-thinking, results-driven strategy New York City wants to steer within the subsequent period of innovation,” stated Eddie Francis Cullen (EFC), Chair of Innovate NY PAC. “Projects like Tokenize the Border™ present how know-how can flip challenges like immigration into alternatives for prosperity, safety, and shared development.”
About the Tokenize the Border™ Model
Tokenize the Border™ leverages blockchain to determine digital commerce zones, good checkpoints, and clean-energy corridors, changing conventional border prices into sustainable, revenue-generating infrastructure. The mannequin initiatives a $500 billion annual commerce surplus acquire, two million new jobs throughout training, healthcare, and housing, and a 40% improve in cross-border commerce effectivity.
By pioneering these civic tokenization frameworks, New York City positions itself because the nationwide chief in making use of superior know-how to world challenges – opening new markets for New York-based fintech, development, and clean-energy corporations, attracting worldwide funding, and creating high-skilled jobs in blockchain engineering, infrastructure, and coverage growth.
Why It Matters for New York City
Under fashions equivalent to Tokenize the Border™, New York City stands to generate an estimated $4.2 billion in new annual income via fintech, commerce, and development contracts tied to the deployment of tokenized infrastructure and blockchain logistics.
- $1.5 billion yearly in blockchain infrastructure and compliance techniques constructed by New York fintech corporations
- $1.2 billion yearly in engineering, design, and good checkpoint know-how sourced from New York–primarily based development and AI corporations
- $800 million yearly in clean-energy undertaking financing and tokenized inexperienced bonds underwritten by town’s monetary sector
- $700 million yearly in analysis, software program, and academic innovation via partnerships with native universities and know-how incubators
These new income streams not solely strengthen New York’s know-how ecosystem but in addition redefine town’s position as the worldwide hub for civic innovation and public-benefit finance. By main the nationwide implementation of tokenized border and commerce techniques, New York turns into the command heart for the infrastructure economic system of the subsequent decade – anchoring jobs, capital, and know-how management firmly within the metropolis.
Why It Matters Nationally
Traditional immigration and border methods price the U.S. authorities practically $250 billion yearly, usually lowering commerce and productiveness. In distinction, Tokenize the Border™ initiatives $200 billion in operational financial savings over 5 years, 95% reductions in human trafficking and smuggling, and a +4.0% GDP affect via infrastructure-led financial enlargement.
By shifting the main target from enforcement to innovation, this initiative demonstrates how New York City’s innovation management can produce nationwide options that mix transparency, safety, and financial development.
About Innovate NY PAC
Innovate NY PAC is an impartial expenditure committee devoted to advancing innovation, technology-led financial development, and public-benefit finance fashions in New York City. The group operates independently of any candidate or marketing campaign and coordinates no communications or methods with candidates or their committees.
Analysis ready by Innovate NY PAC Policy & Research Team, illustrating how Civic Real-World Asset Tokenization can generate sustainable public income and job creation via blockchain-based infrastructure and clean-energy funding.
Paid for by Innovate NY PAC.
Not licensed by any candidate or candidate’s committee.
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