Despite poor market conditions, former US President Donald Trump’s NFT collection sold out within 24 hours. Earlier this week, he announced the launch of his personal NFT collection — digital baseball cards depicting Trump wearing different outfits. These NFTs have been minted on the Polygon network, media reports said.
Each of Donald Trump’s NFT cards is originally priced at $99 and there are 2,533 of them, all of which sold out within a day of their release, grossing over $250,000. They represent Trump in different avatars – racecar driver, astronaut, cowboy, and so on.
“Trump Digital Trading Cards (NFTs) are intended as collectible items for individual enjoyment only, not for investment vehicles,” the announcement of the launch had said.
However, these NFTs are available on OpenSea and trading in the range of 0.180 ETH ($211). Buyers of these NFTs enter Sweepstakes and have a chance to win prizes, meet Trump, and play golf or speak to him on a zoom call. It seems despite poor market timing, Trump’s NFTs hit the audience when they were eagerly waiting for some attractive opportunities.
Trump launching a personal NFT collection contrasts sharply with his previously-held stance that cryptos are scams.
A group of separate 45 NFTs brings the buyers a guaranteed opportunity to attend a 2000-person Gala dinner with the former president. These NFTs can be bought from the holders with cash, ETH, and WETH.
In December last year, Melania Trump launched her NFT collection minted on the Solana network. The proceeds were supposed to go to children foster homes.
