NFT
Donald Trump’s $99 NFT Collection Sale: 5 Things You know
Several international media outlets have mocked former US President Donald Trump in the past. Especially for creating comics and cartoon characters based on him and his views. The former president joined their league this time, though, not to make fun of them but to introduce his digital trading card company.
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On Wednesday, Mr. Trump’s “major announcement” was hinted at in a superhero-themed video posted to his social media platform, Truth Social. The president later confirmed that he is opening an online store to sell $99 digital trading cards of himself in a variety of avatars, including a superhero, an astronaut, and a variety of other characters.
Trump will reportedly be seen with a chiseled chest wearing a cape, triumphantly riding an elephant, and donning a dapper tuxedo in the style of James Bond, according to a report citing his announcement from Truth Social.
Donald Trump’s incredibly stupid NFT announcement has some exciting aspects
The NFTs have some cool benefits for MAGA types
The standard for Trump’s business ventures is so low that it is on the floor. So it comes as a bit of a surprise to see what Trump is giving his supporters in exchange for their $99 in addition to a non-fungible token that you can flaunt around to other NFT enthusiasts.
According to CollectTrumpCards.com, every NFT purchase entitles you to an automatic entry into a contest with the chance to win thousands of incredible prizes. These consist of a dinner with Trump in Miami, a gathering cocktail hour at Mar-a-Lago, and autographed memorabilia.
The NFTs shed light on Trump’s distorted self-image
“These limited edition cards feature amazing art of my life and career,” Trump wrote in a post on Truth Social. Eight trading card designs are highlighted on CollectTrumpCards.com. They display Trump engaging in various activities, including golfing, holding a football, giving his trademark double thumbs-up while gold bars fly at the screen, and posing in front of a boxing ring while wearing electrified “45” gloves.
The Trump campaign’s promotional video is incredibly nostalgic for TV ads
When you press play, you’ll be taken back to that time you watched Days of Our Lives commercials during missing class because you were homesick. If you enter now, Trump and Ed McMahon might surprise someone with a check and tell you that “miracles can happen” to you as well.
Donald Trump’s argument includes unwarranted criticism of Washington and Lincoln
Trump’s presidential inferiority complex has never been a secret. However, it’s still funny that he felt compelled to criticize Lincoln and Washington in a video. “Hello, everybody. “This is Donald Trump, hopefully, your all-time favorite president,” it begins, better than both Lincoln and Washington.
The collection’s sponsor, NFT INT, claims on its website that no funds raised will go toward Trump’s 2024 presidential bid. Trump’s likeness appears to have been licensed for the project rather than the president himself.
NFTs market reaction
NFTs had a $23 billion market capitalization as of one year ago. It was more than Take-Two Interactive Software or CarMax. Its current value, according to CoinMarketCap, is just $2.4 billion. It has lost almost 8% of its value just in the last 24 hours.
So, it’s already illogical to introduce a line of NFTs at this time. Even stranger is the introduction of a sequence of NFTs that resemble Lensa rejects. And how quickly is the value declining?
Also Read: Explained: What is Physical NFT? and How to Sell Physical Items as NFT
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
