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Home CRYPTO

Donald Trump Launches Another NFT Collection as Election Heats Up

by Sham
August 27, 2024
in CRYPTO, NFT
Reading Time: 3 mins read
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  • Donald Trump’s fourth NFT collection, “America First Edition,” features 360,000 potential NFTs depicting him dancing and holding bitcoins, minted on the Polygon network and selling for $99 each.
  • The collection includes perks for bulk buyers, such as access to a Trump gala dinner and an authenticated piece of his suit from the Biden debate.
  • Trump has embraced Bitcoin and crypto as a potential wedge issue in the upcoming election, while his rival Kamala Harris has not publicly stated her position on cryptocurrencies.

Donald Trump’s recent evolution into the “crypto president” in this year’s election is being marked with a fourth series of NFT trading cards, the Republican candidate announced Tuesday. The “America First Edition” set includes artwork depicting Trump “dancing and even holding some Bitcoins.”

JUST IN: 🇺🇸 @realDonaldTrump has dropped another NFT collection pic.twitter.com/35i8Dbaxg0

— BlockNews.com (@blocknewsdotcom) August 27, 2024

Details of New NFT Collection

The new Trump Digital Trading cards are NFTs minted on Ethereum scaling network Polygon and selling for $99 each. This time around, there could be as many as 360,000 cards minted, the largest Trump NFT set so far.

The previous collection in December spanned 100,000 cards with just over 50,000 selling. The two collections before that, with 44,000 and 46,000 NFTs respectively, sold out.

As before, buying the NFTs in bulk comes with perks like access to a Trump gala dinner and an authenticated piece of the suit Trump wore in his debate with Biden.

Background on Previous Releases

Trump’s original NFT card collection launched in late 2022 was mocked but sold out in a day with surging secondary market demand. However, the second collection launch torpedoed prices for the originals, and only about half of the third set sold.

Details on New Launch

The latest batch of Trump NFTs can’t be resold until January 2025, according to the project website. It also clarifies no funds will go to Trump’s campaign, with the company NFT INT LLC licensing his branding.

Trump’s Embrace of Crypto

In recent months, Trump has become an outspoken Bitcoin and crypto advocate, making it a potential election issue. He spoke at the Bitcoin 2024 conference and said he’ll protect miners and establish a national Bitcoin reserve if elected.

Harris’ Unclear Crypto Stance

Trump’s rival Kamala Harris has yet to state her crypto position publicly. However, some industry figures believe she’ll be more open to it than Biden.

Conclusion

Trump’s latest NFT collection marks his deepening ties to the crypto world as he embraces the assets more vocally. With Harris quiet so far, crypto looks to be an election issue this cycle.

Tags: Donald TrumpethereumKamala HarrisNFTpolygon
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