On April 19, one day after its initial launch, a second collection of nonfungible tokens (NFTs) licensing the name and image of former United States President Donald Trump sold out.
The assortment highlighted 47,000 Trump computerized collectibles evaluated at $99 each, netting more than $4.65 million. The “Trump Digital Trading Cards Series 2” collection has since sold for 750 Ether ETH on the secondary market OpenSea. The Trump NFTs use the former president’s “name, likeness, and image” under a paid license and are not owned, managed, or controlled by The Trump Organization or Donald J. Trump. People are guaranteed one pass to go to the Celebration Supper with Trump in South Florida assuming that they buy 47 Computerized Exchanging Cards or purchase 100 cards with crypto.
In accordance with the website’s FAQ section, which introduces the NFT series:
“These are personal digital trading cards or collectibles that you can collect, accumulate, trade, and more. They are stored digitally, just like traditional baseball or basketball cards, so you never have to worry about physical damage.
Users could purchase the NFTs with a credit card or Wrapped Ether (wETH), and if they didn’t already have one, they could create one with Torus at the checkout to receive the NFT. Even if users paid with crypto, they had to pass Know Your Customer verification to get the collectibles.
In addition, the NFTs are created by artist Clark Mitchell and issued on the Polygon blockchain. The developers claim that the former president digitally signs each Autographed Card.
“These Digital Trading Cards have nothing to do with any political campaign and are not political.”
The former president of the United States was indicted by a grand jury in Manhattan on more than 30 counts of alleged business fraud on March 31. The price of Trump’s Series 1 NFTs, which were released in December 2022, has since risen significantly above its initial floor price. In the 2024 elections, the former president is running for a non-consecutive second term.