December 15, 2022

Trump Releases 1st NFT Collection for Himself

Trump NFTs

Trump NFTs

Former US President Donald Trump joined the Web3 world after releasing a collection of 45,000 non-fungible tokens portraying him in various positions and situations. 

This came in his announcement on Thursday on Truth Social, the social media platform, he founded last year. Named “the Trump Digital Trading Cards“, the collectibles, which are similar to baseball cards, are minted on the Polygon blockchain. Each of them costs $99 and could be bought in Ethereum or fiat currency. All the purchased cards can be stored in a cryptocurrency wallet from MetaMask or Coinbase. 

Customers can be awarded a dinner banquet with Trump if they purchased 45 NFTs at once worth $4,445, according to Coin Desk

According to the collection website, each Trump Digital Trading Card has a unique pre-assigned rarity as some will be one-of-one, while others will be limited to 2, 5, 7, or 10 copies. It stressed that no card would have more than 20 copies in existence. 

Any customer, who purchases one of the digital trading cards, will be automatically directed to “sweepstakes” that could include a zoom call with Trump, a cocktail hour at Mar-a-Lago, or a dinner in Miami. 

The site also shows a promotional video from Trump, in which he says: “Each card comes with an automatic chance to win amazing prizes like dinner with me. I don’t know if it’s an amazing prize, but it’s what we have.” It added that the revenues from selling the NFTs would not be directed to Trump’s 2024 presidential campaign or any political purposes. 

The release of the Trump NFT collection raised controversy as the former US president said he was not a fan of the cryptocurrency in July 2019, however, he appeared very enthusiastic while announcing his NFTs. 

It is worth mentioning that Melania Trump, the former US First Lady, released her NFT collection, “Cobalt Blue Eyes“, a year ago. She sold them using the Solana cryptocurrency. 

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