Trump’s Latest NFT Collection Rakes in $1.7 Million
The post Trump’s Latest NFT Collection Rakes in $1.7 Million appeared on BitcoinEthereumNews.com.
The new Trump Cards heavily promote a dining experience with Trump for bundle buyers. Donald Trump’s NFTs continue to find an audience. On August 27, the Republican presidential candidate released his fourth series of NFT trading cards, “Series 4: The America First Collection,” offering buyers an opportunity to meet the former president in person. “Back by popular demand… The America First Collection is available right now, and I think you’ll love it!” Trump posted on his social media platform, Truth Social. Data from NFT marketplace OpenSea indicates the Trump team has already raked in $1.7 million after users minted 17,000 cards in less than 24 hours. The mints equate to 4.7% of the collection’s maximum 360,000 token supply. The mint price is $99 per card. The NFTs feature artwork depicting Trump in various scenarios, including some where he is portrayed holding Bitcoin. Latest Trump NFTs Gala Dinner Tickets While the Trump team stands to make up to $35 million should the series sell out, 360,000 mints is an ambitious target compared to Trump’s previous forays into NFTs. Although his first two collections sold out 45,000 and 47,000 tokens, respectively, only 50,700 out of 100,000 tokens were minted from the third collection. However, Trump is looking to incentivize bulk purchases with bundles, including tickets to a future dinner event attended by Trump. Users that purchase a set of 75 cards for $7,425 will receive a gala dinner ticket, a trading card with a piece of the suit Trump wore while debating President Joe Biden, two pairs of “Never Surrender” Trump shoes and a pair of “limited edition” sneakers. Buyers willing to shell out $24,750 for 250 cards will receive two tickets to the gala dinner, a cocktail reception, and two physical cards. The tokens are minted on Polygon, an Ethereum scaling…
Filed under: News - @ August 28, 2024 9:16 pm