Donald Trump’s first NFT collection sells out in less than a day

Former President Donald Trump’s first NFT collection sold out less than a day after it went on sale, earning its creators a nearly $4.5 million windfall.

The businessman-turned-politician launched “Trump digital business cards” on Thursday in a highly publicized announcement. The video begins with an animated image of Trump dressed in a superhero suit shooting laser beams out of his eyes. The cartoonish graphic is followed by the real Trump.

“This is Donald Trump, hopefully your favorite president of all time, better than Lincoln, better than Washington,” Trump, who recently declared himself a President candidate in 2024, He says in the video.

Trump-themed shoppers non-fungible tokens gain ownership of a specific digital copy of the image. However, as with most digital art, images are easily copied and can be displayed by anyone, not just the NFT buyer.

The $99 NFTs, which Trump describes as “pertaining to my life and career,” digitally depict the former president as an astronaut, race car driver, cowboy and superhero. Some designs are unique, while others exist in editions of up to 20, according to collectTrumpCards.com, the website that lists the tokens.

“Each card comes with an automatic chance to win amazing prizes like dinner with me,” says the former president in the promo video, adding: “I don’t know if it’s an amazing prize, but it’s what we got.”

Other prizes on offer include a phone call or Zoom call with Trump, a golf outing and cocktail hour at Mar-a-Lago and dinner in Miami, according to CollectTrumpCards.com. The purchase of at least 45 NFTs also entitles the holder to a “guaranteed ticket to attend the gala dinner with Trump in South Florida,” the site said.

The 45,000 NFTs sold out on Friday morning, according to the place. At $99 each, the winnings amount to $4.46 million. The cards are now trading on OpenSea, an NFT marketplace, for prices starting at $1,200. The creator of the collectibles, artist Clark Mitchell, will receive 10% of any subsequent sales.

It is not clear if the former president will benefit financially from the sale. The cards are owned by a company called NFT INT LLC, whose mailing address can be traced back to a UPS store in Park City, Utah.

CollectTrumpCards.com notes that NFTs are not connected to Trump’s 2024 presidential campaign.

“These digital business cards are not political and have nothing to do with any political campaign. Donald J. Trump, The Trump Organization, CIC Digital LLC or any of their respective directors or affiliates are not owned, managed or controlled by NFT INT LLC. “According to the site.

The NFT collection took many by surprise and was ridiculed even by some Trump supporters. “I can’t do this anymore,” former Trump adviser Steve Bannon. said on his show, “The War Room.” The attendees and public relations people who encouraged the NFT collection “should be fired today,” she said.

Anthime Gionet, a far-right personality known as “Baked Alaska” who is facing sentencing for her role in the Jan. 6 assault on the US Capitol, tweeted: “I can’t believe I’m going to jail by an nft vendor.” .”

“I wanted to make America great again but all I got was this s**t,” he said in another tweet. gionet was forbidden Twitter five years ago for “hateful conduct” but recently had her account reinstated.