Donald Trump launches official NFT project

Donald Trump launches official NFT project

News, NFT news

The 45th President of the United States, Donald Trump, has launched his first collection of non-fungible tokens (NFTs) that depict him in a variety of guises, including that of a superhero, astronaut, and cowboy. These NFTs are available for purchase on his website.

This collection, which is only sold on the website CollectTrumpCards.com and goes by the name “Trump Cards,” is at your disposal. It includes a set of digital “cards” representing the former president in a variety of famous positions and scenarios, such as Trump as a muscle-bound wrestling champion, Trump clutching a basketball, and even Trump in space. These “cards” may be seen and purchased via the website.

“These limited edition cards feature amazing ART of my Life & Career!” Trump reportedly said. He added that the cards, costing $99 (£81) each, “would make a great Christmas gift.” 

Polygon is a layer-two scaling solution that works in parallel with the Ethereum blockchain. It enables users to conduct transactions more quickly while incurring lower costs overall. In all, 45,000 NFTs have been issued using Polygon.

In addition, purchasers will be placed into a sweepstake, in which they will have the opportunity to win prizes such as a dinner gala or a round of golf with Donald Trump. The former head of state compared the digital cards to baseball trading cards, saying that they were “very much like a baseball card, but hopefully far more interesting.”

“The only difference is that you collect them digitally, on your computer or phone, rather than physically. These are analogous to baseball trading cards. For you to get started collecting 1, 10, 20, or 100, all you want is an email account and a credit card. Become an instantaneous member of a brand-new league of collectors, “This is what the website for the collection says.

It is important to note that the website makes it very clear that the money earned through the NFTs will not be utilized for Donald Trump’s campaign for president. Midway through the month of November, President Trump made public his intention to make a third run for the White House, getting an early start on the 2024 election.

According to data provided by OpenSea, the full collection has already been purchased. In addition, as of right now, the project has a secondary trading volume on OpenSea that totals 556 ETH and has a value of more over $670,000.

Trump’s “Major” Announcement Mocked

Earlier this week, Trumped triggered speculations after saying he would make a “major announcement.” Ostensibly, his big announcement was the launch of his NFT collection, which has been mocked by some high-profile Republicans as well as social media users. 

In an apparent jibe at Trump, US President Joe Biden said on Twitter that he had “some MAJOR ANNOUNCEMENTS the last couple of weeks too,” listing some of his recent achievements. 

Some users also noted that Trump could have changed his mind about crypto. Back in 2021, the billionaire said he was not a fan of cryptocurrencies, claiming that these digital assets are dangerous. 

As reported, Melania Trump, the former First Lady of the United States, announced her NFT collection in mid-December 2021. Titled “Melania’s Vision,” the sales from the collection were supposed to benefit her Be Best initiative.

Compiled by Coinbold

blockchain, ETH, NFT, Opensea, Polygon