Donald Trump’s $99 NFT Collection Sale: 5 Things You Know
Several international media have mocked former US President Donald Trump in the past. Especially to create cartoons and cartoon characters based on him and his views. The former president joined their league this time, not to make fun of them, but to introduce his digital trading card company.
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On Wednesday, Mr. Trump’s “big announcement” was hinted at in a superhero-themed video posted on 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 wearing a dapper James Bond-style tuxedo, according to a report citing his announcement from Truth Social.
Donald Trump’s incredibly stupid NFT announcement has some intriguing aspects
The NFTs have some cool benefits for MAGA types
The standard of Trump’s business ventures is so low 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 show 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 from my life and career,” Trump wrote in a post on Truth Social. Eight trading card designs are highlighted on CollectTrumpCards.com. They show Trump engaging in various activities, including golfing, holding a football, giving his trademark double thumbs up as gold bars fly on 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 commercials
When you hit play, you’ll be taken back to that time you were watching Days of Our Lives commercials while missing class because you were homesick. If you walk in now, Trump and Ed McMahon might surprise someone with a check and tell you that “miracles can happen” to you too.
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 everyone. “This is Donald Trump, hopefully, your favorite president of all time,” it begins, better than both Lincoln and Washington.
The rally’s sponsor, NFT INT, claims on its website that none of the funds raised will go towards Trump’s 2024 presidential bid. Trump’s likeness appears to have been licensed for the project rather than the president himself.
NFT’s market reaction
NFTs had a market capitalization of $23 billion a 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 in the last 24 hours alone.
So it is already illogical to introduce a number of NFTs at this time. Even stranger is the introduction of a sequence of NFTs that resemble Lensa rejects. And how quickly does the value decrease?
Read also: Explained: What is physical NFT? and how to sell physical items as NFTs
The content presented may include the author’s personal opinion and is subject to market conditions. Do market research before investing in cryptocurrencies. The author or publication has no responsibility for your personal financial loss.
