Last Updated on December 16, 2022 by Bitfinsider
Using Truth Social, the social media platform he launched last year, former president Donald Trump stated on Thursday that he has published a collection of 45,000 fantasy Non-Fungible Tokens (NFT).
The Trump Digital Trading Cards, according to the collection’s website, depict the president in pictures that resemble collectible baseball cards. The Polygon-minted tokens are $99 each and may be bought with Ether (ETH) or with fiat money.
Customers are prompted to select how many Trump Trading Cards they wish to buy at the conclusion of the checkout process. For buying 45 NFTs at once, the pop-up advertises a guaranteed ticket to a gala dinner with Trump, as seen 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 “2, 5, 7, or 10 copies. No Trump Digital Trading Card will have more than 20 copies in existence” based on the website.
Even though Trump declared in July 2019 that he was “not a fan” of cryptocurrencies, he seemed excited to showcase his new collection. “GET YOUR CARDS NOW! Only $99 each! Would make a great Christmas gift. Don’t Wait. They will be gone, I believe, very quickly!” was what he post on his platform.
The website also has an advertisement from Trump in which he claims “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.”
Digital World Acquisition Corp (DWAC) entered into a planned merger agreement with Trump’s social media company, saw a decline of roughly 7% in share price as a result of the news.
The former First Lady, Melania Trump, debuted her debut NFT collection, “Cobalt Blue Eyes,” almost exactly a year ago. This is President Trump’s first official NFT initiative.
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