News - Donald Trump $99 NFT Collection – Everything You need to Know

Donald Trump $99 NFT Collection – Everything You need to Know

Donald Trump $99 NFT Collection

Donald Trump $99 NFT Collection – Former President of the United States, Donald Trump, released an assortment of 45,000 NFT ( non-fungible tokens). He made this declaration on Thursday through the social media platform Truth Social he founded in 2021.

Donald Trump $99 NFT Collection

He fostered the “limited edition cards” and also said one could “make a great Christmas gift.”

According to the collection’s website, the Trump Digital Trading Cards mark the pictures of former President Donald Trump in the same style of collectible baseball cards. The tokens were punched on Polygon, cost $99, and can be bought with Ethereum or in fiat money.

Donald Trump $99 NFT Collection

At the end of the paying bill, the purchasers are prompted to choose how many Trump Trading Cards they want to buy. The pop-up aids a guaranteed ticket to a Gala dinner with Donald Trump for buying 45 NFTs at one time, costing $4455 a person.

Collectors who buy one of the digital trading cards will get into a “sweepstakes” to get experiences with Donald Trump, a zoom call, a dinner in Miami, or a cocktail hour at Mar-a-Lago. The trading cards will have a unique feature from one-of-ones to “2,5,7 or 10 copies. No Trump Digital Trading Card will have more than 20 copies in existence,” The website says.

Though Donald Trump said he was “not a fan” of cryptocurrency in July 2019, he was seen by enthusiasts holding up his new collection. In a post on Truth Social, he wrote, “GET YOUR CARDS NOW! Only $99 each! It would make a great Christmas gift. Don’t Wait. They will be gone, I believe, very quickly!”

The site also cites a promotional video from Trump in which he said each card came with an automatic chance to get astonishing prizes like dinner with him. He didn’t know if that was an astounding prize, but that is what they had.

Trump is being criticized for his Announcement

Trump is being criticized for his Announcement

The Republicans and others condemned Trump and mocked him for the same.

It also got criticism on Twitter, and many are giving the collection the tag of scandal. Others saw early reports of his doubtful 2020 campaign fundraising attempts and accusations of murky spending.

Digital World Acquisition Corp (DWAC) shares which is a special purpose acquisition company (SPAC), got down by nearly 7% after the announcement was made. Special Purpose Acquisition Company got into a proposed merger share with Trump’s Social media corporation.

This is Donald Trump’s first-ever official NFT project; the former First Lady, Melania Trump, initiated her first NFT collection named “Cobalt Blue Eyes” nearly one year ago.

Steve Bannon, a right-wing media reporter and former chief strategist of Donald Trump, said, “I can’t do this anymore,” about the sale on his podcast. He further said whoever would take part in the project “ought to be fired today.”

Donald Trump’s announcement of his third bid for the White House last month spread rumors this week after he said that he would make a big announcement.

Some on the social media platform speculate that the NFTs sale was to aid in funding the legal battles that Donald Trump is involved in.

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About the author

Sushmita Delta

An introvert by choice, Miss Delta pours the words left unsaid in real life into her political articles. Her political ideology revolves around "doing what's right, rather than what's easy," -which is exactly what she idolizes about the Conservative agenda. The plain jane look's just camouflage though- she counts pursuit of martial arts as a "hobby" and aspires to join the army.

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