- Following the release, the first batch of Trump NFTs is down 50%.
- The new series features 47,000 NFTs, each selling for $99.
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.
‘‘I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn’t choose to do so. I WILL BE GIVEN NO ‘NICE GUY’ CREDIT?’’ he said.
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).
A Gala Dinner With Trump
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.
The latest data from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs – which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter – have so far been minted with the secondary price starting at 0.06 ETH ($124).
Per the latest filing from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.
