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Trump breaks silence on Instagram to promote his NFTs – but critics say the art is ‘cringey’

Donald Trump released a new collection of non-fungible (NFT) tokens as the race for 2024’s presidential election heats up.

Surreal digital pieces depict former President George Washington as a chess player, a lion wrestler and more… but not all at once.

The collection of 47,000 NFTs, each costing $99 (PS80), sold out within 24 hours.

The value of NFTs in the first collection has fallen sharply since their arrival.


Trump posted a picture of his new collection to Instagram. It was his first Instagram post since the lifting of his ban after the Capitol Riots.

In a video he called the NFTs “beautiful”, “the greatest trading card in history”, with “incredible art” depicting him as a trucker and rockstar.

Some people were not impressed with the quality and design of the non-fungible coins. They described the artwork as “cringey”.

Whoever bought 47 NFTs at the cost of $4,700 (PS3,800), would have qualified for a dinner at Trump’s Mar-a-Lago Estate in Florida.

According to estimates, Trump could have made up $1m (PS800,000.00) from the sale of his collection. He may also receive a windfall similar in this second release.

Molly Jane Zuckerman is the opinion editor of the crypto news website Blockworks. She told Sky News that “everyone who says the NFT market has died is wrong.”

The fact that the collection was sold out so quickly is proof that people will still buy anything as long as it’s a NFT.

This comes just weeks after Trump was the first former US President to be charged with criminal offenses.

He appeared in court earlier this month and pleaded guilty to 34 counts of felony. He is accused of paying hush-money payments to conceal alleged affairs.

What are these NFTs?

NFTs dominated the world in 2021.

Non-fungible means that each artwork is unique or only a few have been made.

A banknote is an example of a “fungible” item. If Kate gave Gemma 10 pounds, she wouldn’t mind if later on she received a different note.

Plane tickets provide a good illustration of something non-fungible. Although they look alike, they have different seat numbers, classes and destinations. Kate might not be happy if Gemma was given a ticket in economy class to Sydney after giving her a first-class one.

Donald Trump’s trading cards are limited to 10 copies each, and some of them are unique.

The scarcity of Trump NFTs could cause digital art’s value to rise. However, given the fact that there are 92,000 of them in existence today, prices may be under pressure.


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