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Read more: Top NFT Projects To Expect A New Breakthrough On Ethereum
The announcement, courtesy of CollectTrumpCards on X, disclosed the minting of 100 limited edition Trump NFTs available for purchase using WETH.
The series boasts a unique MugShot Edition, with only 200 1/1 trading cards. Notably, the announcement highlights that just 99 of these exclusive cards remain for purchase, adding a sense of urgency to collectors.
In a strategic move, the NFT venture offers collectors the chance to acquire a unique ordinal—an NFT-like digital asset on the Bitcoin blockchain—along with their purchase of 100 “mugshot edition” NFTs for $99 each. The inscription process will occur on Magic Eden, allowing collectors to claim their exclusive Ordinals later.
This foray into NFTs follows Trump’s earlier successes, where the first two releases of Trump Digital Trading Cards generated a whopping $9 million in combined sales. Financial disclosure forms indicate Trump received between $100,000 and $1 million from the initial batch, though the earnings from the second remain undisclosed.
The former president’s continued exploration of NFTs coincides with his lead in the Republican leadership race and his recent commitment to opposing the creation of a central bank digital currency (CBDC). Trump’s strategic engagement with NFTs introduces a unique dimension to the 2024 electoral race as he explores innovative ways to connect with voters.
The disclaimer accompanying the launch emphasizes that these Trump Digital Trading Cards are collectibles for individual enjoyment, explicitly stating they are not intended as investment vehicles. As Trump’s influence in both politics and the crypto space grows, the launch of his latest NFT collection marks a significant moment in the evolving intersection of politics and blockchain technology.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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