Former US President Donald Trump‘s fourth NFT collection has generated over 22,000 transfers on the Polygon network, translating to more than $2 million in sales, according to on-chain data.
This level of interest is noteworthy, mainly since these NFTs cannot be sold on secondary markets until Jan. 31, 2025.
However, this performance starkly contrasts his earlier collections, which sold out swiftly after their launch. Current figures indicate that Trump has only sold about 6% of the 360,000 total NFTs more than 24 hours after the collection’s launch.
If the collection finally sells out, it might generate $36 million in income, with every buying and selling card priced at $99.
On Aug. 27, Trump unveiled the new set of NFTs issued by NFT Worldwide LLC. The buying and selling playing cards characteristic photographs of a youthful model of Trump depicted in varied victorious poses or dressed as a superhero.
Trump additionally supplied a number of incentives to consumers, similar to a bodily card for buying 15 NFTs, autographed playing cards, and an opportunity to dine with him in Jupiter, Florida, for individuals who purchase 75 NFTs.
The previous president has earned over $7 million from his earlier NFT collections.
Trump’s election prospects
Trump’s newest NFT enterprise coincides along with his tightening race towards Vice President Kamala Harris within the upcoming election.
On the Polymarket decentralized prediction market, crypto bettors estimate Trump’s probabilities of profitable at 50%, simply forward of Harris at 49%.
In a bid to spice up his enchantment, Trump has intensified his pro-crypto stance and added impartial presidential candidate Robert F. Kennedy Jr. to his transition crew. Kennedy just lately backed out of the presidential race to assist Trump’s bid for the Oval Workplace whereas remaining on the poll in some states.
In the meantime, Trump faces a new federal indictment from a grand jury in Washington, DC. The indictment, filed on Aug. 27, accuses him of making an attempt to overturn the 2020 presidential election outcomes.
The costs embody conspiracy to defraud the US, conspiracy to hinder an official continuing, obstruction of — and try and hinder — an official continuing, and conspiracy towards rights.
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