Connect with us

News

Trump Goes Crypto

Published

on

Former US President, Donald Trump announced the release of 45,000 fantasy non-fungible tokens (NFT) on Thursday through Truth Social, the social media platform he launched last year.

The website for the collection claims that the Trump Digital Trading Cards include pictures of the president in a design resembling vintage baseball cards. The $99 tokens, which were created on Polygon, may be bought using ether (ETH) or fiat currency.

Customers are prompted to select how many Trump Trading Cards they wish to buy after the checkout process. For buying 45 NFTs at once, the pop-up offers a guaranteed ticket to a gala dinner with Trump. The buyers would be charged $4455 for this.

Also, each time a collector buys one of the digital trading cards, they are instantly placed into a “sweepstakes” to receive a choice of chances to meet Trump, including a zoom call, a dinner in Miami, or a cocktail hour at Mar-a-Lago. The trading cards will have varying rarity levels, such as one-of-ones, “either 2, 5, 7, or 10 copies. According to the website, there won’t be more than 20 copies of any Trump digital trading card.

The website also has an advert from Trump in which he claims, “Each card carries a built-in opportunity to win fantastic rewards like dinner with me. On Twitter, some users originally criticized the effort and called the collection a “scam.” Others call it “trashy late night commercials.”His political opponents have also criticized him as something of a cartoon character. 

“Whoever told Trump to do this should be fired,” Keith and Kevin Hodge, two Trump supporters and stand-up comedians, posted on Twitter.

The NFT launch comes as a surprise to crypto natives even as celebs, and traditional companies are jumping into NFTs. Trump in mid 2021 spoke to Fox Business calling bitcoin a scam, and that it is competing with the US dollar. 

As a former US President with possible plans to become the next President in 2024, one is not surprised at his statement however, the move into crypto with NFTs begs the question of if the opinion of the 45th President of the United States on crypto has changed. 

 

Read also: Coinbase launches new asset recovery tool for ERC-20 tokens

Advertisement Earnathon.com
16 Comments

16 Comments

  1. Pingback: Trump Goes Crypto by Racheal Oyedepo – CryptoTvplus Events: NFT, DeFi, Bitcoin, Ethereum, Altcoin Events

  2. Pingback: Crypto regulation: Basel Committee approves international crypto-bank for 2025 - cryptodaily.sbsllcnews

  3. Pingback: Crypto Regulation: Basel Committee Approves International Crypto Banking for 2025 – Defi Money Team

  4. Pingback: Crypto Regulation: Basel Committee Approves International Crypto Banking for 2025 - Altszn.com

  5. Pingback: Crypto Regulation: Basel Committee Approves International Crypto Banking for 2025 – AltCoin 247

  6. Pingback: Crypto Regulation: Basel Committee Approves International Crypto Banking for 2025 - businessesacceptingcrypto.com

  7. Pingback: Crypto Regulation: Basel Committee Approves International Crypto Banking for 2025 – Coin Warrior

  8. Pingback: Crypto Regulation: Basel Committee Approves International Crypto Banking for 2025 – CryptoMasInfo

  9. Pingback: Crypto Regulation: Basel Committee Approves International Crypto Banking for 2025 | CryptoTvplus: DeFi, NFT, Bitcoin, Ethereum Altcoin, Cryptocurrency & Blockchain News, Interviews, Research, Shows

  10. Pingback: Crypto Regulation: Basel Committee Approves International Crypto Banking for 2025 - CryptoBestCoins.com

  11. Pingback: Crypto Regulation: Basel Committee Approves International Crypto Banking for 2025 – Epicp2e

  12. Pingback: Crypto Regulation: Basel Committee Approves International Crypto Banking for 2025 – BSC Talks

  13. Pingback: Crypto Regulation: Basel Committee Approves International Crypto Banking for 2025 - Crypto 1st News

  14. Pingback: Crypto Regulation: Basel Committee Approves International Crypto Banking for 2025 - Crypto Gist

  15. Pingback: Crypto Regulation: Basel Committee Approves International Crypto Banking for 2025 – DigitalCoinToday

  16. Pingback: Crypto Regulation: Basel Committee Approves International Crypto Banking for 2025 – I Trade Crypto News

What's Your Opinion? Please Leave a Comment

Latest Episode on Inside Blockchain

Crypto News Update

Crypto Street

Advertisement



Trending

ALL Sections

Recent Posts