Advertisement

America: Donald Trump launches $99 NFT collection

  • Web Desk
  • Share

Donald Trump

America: Donald Trump launches $99 NFT collection

Advertisement
  • Digital trading cards features him as various characters.
  • The billionaire began his third campaign for president last month.
  • They can be compared to ownership certificates for tangible or digital things.
Advertisement

Donald Trump, a former US president, has released a set of digital trading cards featuring him as various characters, such as a superhero, astronaut, and Nascar racer.

“These limited edition cards feature outstanding ART of my Life & Career,” declared Mr. Trump.

The billionaire began his third campaign for president last month.

This week, he said he would make a “big announcement,” which led to rumours.

A probable running mate for his presidential campaign was anticipated by certain observers.

Instead, Mr. Trump uploaded a promotional video to his Truth Social social media page.

Advertisement

The video showed an animated representation of the former president in front of Trump Tower in New York, ripping open his shirt to reveal a superhero suit with the letter T imprinted on it while lasers shoot out of his eyes.

The non-fungible tokens (NFTs), according to Mr. Trump, are “very much like a baseball card, but hopefully far more entertaining,” as he stated later on Truth Social.

The cards, which cost $99 (£81) each, “would make a terrific Christmas gift,” he continued.

Additionally, purchasers will be placed into a contest with a chance to win prizes like a gala dinner or a round of golf with Mr. Trump.

NFTs have been hailed as the digital equivalent of collectibles, but detractors have cautioned about market hazards.

Although they lack a physical form of their own, “one-of-a-kind” assets in the digital world can be bought and sold like any other item of property.

Advertisement

They can be compared to ownership certificates for tangible or digital things.

Mocked move

Social media users have criticised the move, and prominent Republicans have added their voices to the chorus.

Right-wing media analyst and former senior strategist for Mr. Trump Steve Bannon said on his podcast on the NFTs, “I can’t do this anymore.”

He continued, “Everyone involved in the project ought to be fired now.

US President Joe Biden said on Twitter that he had “some MAJOR ANNOUNCEMENTS the last few of weeks too,” in an apparent jab at Mr. Trump.

Advertisement

He said that this included signing a law protecting marriage and lowering inflation.

Others conjectured that the selling of NFTs was done to raise money for Mr. Trump’s ongoing legal fights.

The NFTs website states that the money would not be used for his presidential campaign.

The statement read, “These Digital Trading Cards are not political and have no connection to any political campaign.”

The statement continued, “Donald J. Trump, The Trump Organization, CIC Digital LLC, or any of its respective principals or affiliates, are not owners, managers, or controllers of NFT INT LLC.

Also Read

US election: Donald Trump lashes out at Florida Governor Ron DeSantis

Donald Trump lashes out at Florida Governor Ron DeSantis. Mr Trump disparaged...

Advertisement
Read More News On

Catch all the Business News, Breaking News Event and Latest News Updates on The BOL News


Download The BOL News App to get the Daily News Update & Live News.


Advertisement
End of Story
BOL Stories of the day
Trump makes new appointments, Rubio tipped for secretary of state
Trump leads with 312 electoral votes, Harris trails at 226 in final tally
Trump’s White House comeback puts criminal cases on pause
World leaders congratulate Trump on election win
Here’s how the voting process works in US
Early voting returns may mislead US election results
Next Article
Exit mobile version