Donald Trump’s innovative idea of NFTs sold out and double in value – – Our News, Your Views

Donald Trump’s innovative idea of NFTs sold out and double in value

Former President Donald Trump’s $99 NFTs sold out in one day, doubling in value. However, some Republicans poke fun at the trading cards, the proceeds of which will not even be used for Trump’s 2024 campaign.

Trump teased an “important announcement” that didn’t involve his presidential bid in a video depicting him as a superhero. He revealed Thursday that they were digital trading cards of himself, his life and his career, each selling for $99.

All of Trump’s 44,000 available NFTs have been sold for more than $4 million as of 1:30 p.m. Friday, the promotional site said. The collection was trading at 1,448 ETH, or about $1.73 million, on the OpenSea market as of Friday afternoon. The reserve price was around $214, more than double the mint price of $99.

According to the website, Trump’s NFTs as a superhero, golfer, astronaut, western sheriff, and others “have nothing to do with any political campaign.” Instead, they can benefit him and his business partners.

“I can’t believe I’m going to jail for an nft salesman,” wrote Anthime’s Twitter account Joseph Gionet, who pleaded guilty to taking part in the Jan. 6 Capitol riots.

Former White House chief strategist Steve Bannon said on his podcast, “I can’t do this anymore,” reports Metro.

Bannon said Trump is one of the great presidents of the United States but he should fire the person who came up with the NFT idea.

GOP strategist Mike DuHaime told The Wall Street Journal that “it just seems humiliating and beneath him to be hustling action figure trading cards of himself. He was president and a billionaire celebrity real-estate developer,’ said DuHaime, ‘And now he’s selling pictures of himself for 100 bucks,” reports Metro.

The criticism comes as the Trump campaign weathered a rough first month after he officially announced his candidacy from his Mar-a-Lago estate. Trump is trailing Florida Gov. Ron DeSantis in a hypothetical GOP primary and trailing by double digits in a Journal poll.

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