In an interview with One America News, Donald Trump said he launched his NFT collections because they are cute. Criticisms and negative comments don’t seem to affect Trump’s digital trading card business. Within a day, the NFT collections sold out quickly.
The collection was launched on December 16th. “I am looking at this stuff and I am saying, that’s sort of cute, that might sell. It set a record. It’s been incredible,” he said in an interview.
The former US president said he was interested in creating comics and cartoon characters on him. On December 15th, Trump released various avatars like superheroes, astronauts, and cowboys. The total collection includes 45,000 NFTs minted on the Polygon blockchain. Each NFT was available for $99. Buyers only need a Gmail account and credit card to create a crypto wallet for purchasing. If users want to buy with crypto, purchases can be made using ETH.
Trump added, “You know, it’s sort of comic book art when you think of it, but they showed me the art and I said, I always wanted to have a 30-inch waist.”
Initially, Trump was against his wife Melania Trump’s idea of releasing NFTs. Last year Melania Trump launched her NFT on the Solana blockchain. However, it looks like his opinion changed within a year.
Donald Trump In 2021: Crypto is dangerous. It can be an explosion like we have never seen before.
Donald Trump In 2022: I am doing my first official NFT collection.
Trump’s digital trading card business created a lot of hype on the very first day. Each NFT is sold at $99. The whole collection is worth $4.45 million since it consists of 45K digital collectibles. Surprisingly, all the NFTs sold out like hot-dogs within 24 hours. The creators will also receive 10% on each sale of the collections.
Solana’s popular NFT projects selected another home
One of the biggest NFT marketplaces, Solana, was shocked by the announcement that the firm’s top NFT leading projects, DeGods and Y00ts, will migrate to Ethereum and Polygon, respectively. On December 26, DeGods confirmed that “we will officially bridge to Ethereum in Q1 of 2023.”
Source: https://www.thecoinrepublic.com/2023/01/01/former-us-president-donald-trump-changed-perception-and-now-thinks-nfts-are-cute/