Donald Trump Releases New NFT Trading Cards
Donald Trump has come up with a new way to profit from his controversial mugshot by releasing a deck of digital trading cards as NFTs. These cards will allow fans to own a piece of the suit he wore during his most recent arrest and even have the opportunity to dine with him. The former US president is reselling these NFT trading cards for $99, with additional items like pieces of his suit available for purchase.
Trump NFTs: Gala, Zoom, Historical Suit
Past Trump NFT drops included bonuses like attending a gala dinner with the president and receiving Zoom calls. On the website promoting the NFT drop, Trump describes the suit he wore as “the most historically significant artifact in United States history.” He also acknowledges that some people view his trading cards as pop or contemporary art.
Unique Trading Card Offer
If you are one of the first 200 individuals to purchase 100 digital trading cards using bitcoin in a single transaction, you will receive a unique trading card that includes a fragment of Trump’s suit and a sliver of his photo tie. This offer is equivalent to over $10,000 worth of Trump NFTs. The picture on these cards was taken during Trump’s arrest in August 2023 when he was being held on state charges related to his alleged attempts to overturn the 2020 election results in Georgia.
Trump’s Non-Political Cards
The current offer for the NFT trading cards states that they are “not political” and have no connection to any political campaign, just like the first round of card sales. However, the introduction of the Mugshot Edition led to a more than 200% increase in trading volume for Trump’s initial set of digital trading cards. The total volume of these cards remained below $100,000, according to OpenSea data. NFT INT LLC, which holds a license arrangement with Trump, is responsible for producing and selling the cards.
Trump’s NFT Success
In previous sales, the digital card for 2022 sold out within hours, and Trump claimed to have made between $100,000 and $1 million from that sale. He later released a second set of 47,000 cards in April. Records from August revealed that Trump has earned at least $4.9 million in NFT licensing fees and owns up to $5 million worth of ether cryptocurrency.
Hot Take: Trump Continues to Capitalize on Controversy with NFTs
Donald Trump’s latest venture into the world of NFTs shows his ability to capitalize on controversy and generate substantial profits. By offering fans the chance to own a piece of his infamous mugshot suit and even dine with him, Trump has created a unique and lucrative market for his digital trading cards. Despite claims that the cards are non-political, their popularity continues to rise, with significant increases in trading volume during each release. With millions of dollars in earnings from NFT licensing fees and cryptocurrency holdings, Trump’s foray into the world of NFTs has proven to be a successful venture.
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