Despite the negative stances toward the crypto sector, Donald Trump released NFTs & raised funds.
Donald Trump is a former United States president and in the crypto sector, he is known as a crypto critic. In the past, he passed many negative statements over the nature of cryptocurrencies and called them speculative, volatile & scam assets and also claimed that no one digital asset can replace the US dollar.
Just a couple of days ago, the Former US president announced his NFTs collections which are showing the different outfits of Donald Trump and places, from cowboy getup, to an astronaut suit, to a racecar driver.
Trump confirmed that released NFTs are not an investment asset or any kind of investment activities, instead, these are only for enjoyment purposes.
“Trump Digital Trading Cards (NFTs) are intended as collectible items for individual enjoyment only, not for investment vehicles,” clarified the investment page.
There were a total of 2,533 NFTs and each was sold at a $99 price. That full collection was sold within 24 hours. So Trump raised approximately $250k via NFTs sell.
These Trump’ NFTs holders will get a chance to win various prizes, including a 20-minute meeting with Trump, a zoom call, a golf game, or an autograph signed by the celebrity.
It is worth noting that these NFTs were buyable with ETH, or WWTH, alongside cash options. This thing is showing that Trump hates cryptocurrencies but still uses cryptocurrencies in his life, which is a dramatic thing from the point of view of crypto proponents.
Earlier this, in 2021, Donald Trump’s wife Melania Trump released her NFTs collections on Solana (Sol) network. The main aim to raise funds through NFTs sales was to help the children’s education.