New Donald Trump NFTs Sell Out in One Day
A second collection of nonfungible tokens (NFTs) which feature the name and image of former United States President Donald Trump have sold out on April 19 just one day after their release.
The collection included 47,000 Trump digital collectibles price-tagged at $99 each, which their sale netted more than $4.65 million in total. The “Trump Digital Trading Cards Series 2” collection on secondary NFT market OpenSea has hit 750 Ether (ETH) in trading volume.
According to the FAQ section of the website which introduces the NFTs:
“These are personal digital collectibles or ‘trading cards’ that you can collect, accumulate, trade, etc. Think of them like traditional baseball or basketball cards but stored digitally so you never have to worry about physical damage.”
Licensing the “name, likeness and image” of Donald Trump, a widely-known figure not just for the American people, the NFT collectables were available for purchase using Wrapped Ether (wETH) or via credit card, and purchasers would also create a Torus wallet to receive the NFT.
The digital pieces of art are minted on the Polygon blockchain and have all been designed by artist Clark Mitchell, and the developers claim that each Autographed Card is digitally hand-signed by the former president himself.
Sources:
https://cointelegraph.com/news/new-trump-nfts-sell-out-on-day-one
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