Former President Trump Unveils New NFT Collection Featuring Him ‘Holding Bitcoins’ and Dancing
Former President Donald Trump is making headlines once again, this time for his foray into the world of cryptocurrencies. Trump, who has been dubbed the “crypto president,” recently announced the launch of a new series of NFT trading cards as part of his election campaign. These NFTs feature artwork depicting Trump dancing and holding Bitcoins, as revealed in a promotional video shared on social media.
The latest set of Trump Digital Trading cards, known as the “America First Edition,” is minted on the Ethereum scaling network Polygon and is priced at $99 per card. This collection is set to be the largest Trump NFT set to date, with a projected total of 360,000 cards. In comparison, the previous collections consisted of around 100,000 cards, but only about half were sold.
Customers purchasing these NFTs in bulk will receive special perks, including the opportunity to attend a Trump gala dinner in September and own an authenticated piece of the suit worn by Trump during a debate with President Joe Biden.
Despite initial skepticism from mainstream commentators, Trump’s earlier NFT collections saw significant demand and sold out quickly. However, the launch of subsequent collections led to a drop in prices for the original cards. The latest batch of Trump NFTs comes with a restriction that prohibits resale on secondary markets until January 31, 2025. It’s important to note that the proceeds from the sale will not go towards Trump’s presidential campaign, but rather to NFT INT LLC, the company behind the project.
Trump’s growing interest in cryptocurrencies has positioned him as a vocal advocate for assets like Bitcoin. He has expressed plans to protect American miners’ rights and establish a national strategic Bitcoin stockpile if elected. In contrast, his Democratic rival, Kamala Harris, has not publicly disclosed her stance on cryptocurrencies, though there is optimism within the industry that she may be more receptive to crypto than Biden.
The intersection of politics and cryptocurrencies continues to evolve, with Trump’s NFT initiatives adding a unique dimension to the ongoing debate surrounding digital assets and their role in the political landscape.
