Description:
This content discusses the recent revelation by blockchain intelligence firm Arkham Intelligence that they are actively tracking a cryptocurrency wallet believed to belong to former President Donald Trump. The wallet is allegedly collecting millions in royalty payments from non-fungible tokens (NFTs).
Key Points:
- Arkham Intelligence claims that Donald Trump is the owner of a cryptocurrency wallet that is receiving royalty payments from NFTs.
- Trump’s financial statement from August 14th, 2023, shows a cryptocurrency balance of $2,806,341, which is similar to the balance of the largest royalty fee wallet associated with the Trump NFT project.
- According to certified 2023 financial disclosures, Trump received an income of $2.8 million from the sale of his NFTs, deposited into the wallet.
- Trump earned $4.9 million from an NFT licensing deal with NFT INT LLC, the company responsible for two significant NFT drops.
- Trump’s NFT collection, called “Trump Cards,” has generated over $26 million in trading volume, and his second series of Trump Trading Cards sold out immediately upon release.
Hot Take:
It is interesting to see how public figures like Donald Trump are embracing the world of cryptocurrency and NFTs. The substantial earnings from these digital assets demonstrate the growing popularity and potential financial opportunities within the crypto space. As more prominent personalities get involved, it could further drive the mainstream adoption of cryptocurrencies and blockchain technology.
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