Arizona Senate candidate brings NFTs to politics

What's happening: Masters is leaning into his Silicon Valley ties with an "Origins NFT" that shows a rotating rendition of the early cover art he used to help persuade Thiel, his former Stanford Law professor, to collaborate on "Zero to One," published in 2014.

• The NFTs will go to donors who give the maximum of $5,800 — half for the primary, and half for the general election if he wins.

Zoom out: Masters, who lives in his native Tucson, helps run Thiel Capital, a multibillion-dollar firm that invests in tech startups, and is president of the Thiel Foundation.

• The Republican primary also includes Arizona Attorney General Mark Brnovich. Both aim to take on Democratic Sen. Mark Kelly.

• Masters — who was a guest on Tucker Carlson's show last week — held a fundraiser at Mar-a-Lago that included former President Trump as a speaker. That gives Masters' camp hope for an endorsement.

Between the lines: The idea is to give donors a sense of ownership. Real-life events are planned for the virtual club.

• Masters said: "The best NFT projects aren't just random 'art on the blockchain,'" but instead "create or support certain communities where people share an excitement about something in particular."

See the NFT.