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.
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