Using Truth Social, the social media platform he launched last year, former president Donald Trump stated on Thursday that he had published a collection of 45,000 fictitious non-fungible tokens (NFT). The 45,000-piece edition of NFTs depicts the former president in various fantastical outfits and positions; however, he only features in 100 of them. The coin will appear on Polygon.
What does the new release bring?
Based on the collection’s website, the Trump Digital Trading Cards depict the president in pictures resembling collectible baseball cards. The Polygon-minted tokens are $99 each and may be bought using ether (ETH) or fiat money. Customers can select how many Trump Trading Cards they wish to buy after checking out. For buying 45 NFTs at once, the pop-up advertises a guaranteed ticket to a gala dinner with Trump, as shown in the screenshot below. A client would be charged $4455 for this.
A “sweepstakes” to win experiences with Trump, such as a zoom call, a dinner in Miami, or a cocktail hour at Mar-a-Lago, will be automatically entered for collectors who buy one of the digital trading cards. Rarity characteristics of the trading cards will range from one-of-ones to 10, 2, 5, or 5 copies. Based on the website, no Trump digital trading card will be produced in more than 20 copies.
What changed about Trump and crypto?
Trump, who recently hit the headlines with the release of the new twitter files, back in the day declared in July 2019 that he was “not a fan” of cryptocurrencies but seemed excited to showcase his new collection.
“BUY YOUR CARDS RIGHT NOW! Just $99 each! It would be a wonderful Christmas present. Stop waiting. I anticipate they’ll be gone shortly, “He stated in a post on his site.
The previous First Lady, Melania Trump, debuted her inaugural NFT collection, “Cobalt Blue Eyes,” nearly exactly a year ago. This is President Trump’s first official NFT initiative. The project’s website, Collect Trump Cards, did not reply to a request for comment from CoinDesk at the time of publication.
Many celebrities want to venture into NFTs as digital assets have proved to be more promising. Snoop dog, among other celebrities, is renowned for his bored ape NFTs collection, which surged enormous profits upon release. Other celebrities like Eminem also own their digital tokens. With Trump’s recent revelation, more celebrities are likely to enter the sector.
