DeFi Daily News
Tuesday, July 8, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home DeFi NFT

Trump’s Latest NFT Collection Launch Nets $2 Million in Sales: A Closer Look at the 5% Sold – Blockonomi

Oliver Dale by Oliver Dale
August 29, 2024
in NFT
0 0
0
Trump’s Latest NFT Collection Launch Nets  Million in Sales: A Closer Look at the 5% Sold – Blockonomi
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article

TLDR:

  • Donald Trump has unveiled the “America First Edition” NFT collection, featuring 360,000 digital trading cards.
  • With only about 5.7% sold, these NFTs have already brought in over $2 million.
  • Each NFT is offered at $99, boasting perks like dining with Trump or owning golden Trump sneakers.
  • The NFT marketplace OpenSea, hosting Trump’s NFTs, anticipates an SEC lawsuit regarding the status of NFTs as securities.
  • Trump promotes a crypto-friendly image in his presidential bid, reversing his prior critical stance.

Ex-President Donald Trump has made a striking move into the digital space with his latest venture—a collection of non-fungible tokens (NFTs) dubbed “America First Edition.” This series marks Trump’s fourth foray into the NFT world, underscoring a notable pivot towards cryptocurrency as a central theme in his campaign strategy.

The collection boasts an impressive array of 360,000 digital trading cards, each available for $99. This venture has rapidly accumulated over $2 million in sales, showcasing Trump’s enduring appeal among his supporters. The NFTs are illustrated in vibrant and sometimes whimsical styles, portraying Trump in various heroic, and at times fantastical, scenarios. Some feature him in dance, while others depict him wielding bitcoins, blending the realms of political iconography with that of digital currency in a bold fashion.

Besides the digital artwork, the “America First Edition” NFTs come with tantalizing bonuses for buyers. These range from exclusive invitations to galas where one can dine with Trump himself to tangible memorabilia like golden sneakers branded with Trump’s name and even pieces of a suit worn by Trump during a notable debate with current President Joe Biden.

Despite the collection’s swift success in sales, the minting rate stands at around 20,700 NFTs—a mere 5.7% of the total. This is a stark contrast to the immediate sell-out of Trump’s first two NFT series, which had significantly fewer offerings.

Minted on the Polygon blockchain and featured on OpenSea—one of the largest NFT marketplaces—these tokens introduce a unique mix of politics and digital assets into the burgeoning world of crypto collectibles. However, there’s a catch for eager collectors; a resale ban is in effect until January 31, 2025, mirroring restrictions from Trump’s earlier NFT collection.

Trump’s embrace of cryptocurrency marks a radical shift from his previous stance, where he dismissed the digital currency sector as detrimental. Now branding himself as the “crypto president,” Trump’s pro-crypto rhetoric aims to captivate not just the traditional conservative base but also tech-savvy and crypto-enthusiastic voters.

The incorporation of crypto themes into Trump’s campaign is evident in his promises to counter regulatory moves against the crypto industry purported by the Biden administration. His engagements with crypto figures and forums, including hosting bitcoin miners and speaking at significant crypto conferences, signal Trump’s interest in bolstering his campaign through the support of the crypto community. Furthermore, his collaborations with pro-crypto political figures and securing endorsements and financial backing from prominent individuals in the technology and cryptocurrency sectors highlight a strategic pivot designed to leverage the burgeoning influence of digital currencies in politics.

The political landscape concerning cryptocurrency is indeed changing, with substantial donations and lobbying efforts from the crypto industry aiming to shape the regulatory and political environment in favor of digital currencies. Despite this, the sector faces hurdles, exemplified by regulatory challenges such as the SEC’s recent notice to OpenSea, signaling possible future disputes over the classification and treatment of NFTs as securities.

In the backdrop of a declining NFT market, exacerbated by notable events like the FTX collapse and increased regulatory scrutiny, Trump’s “America First Edition” NFT venture stands as a testament to the complex interplay between politics, celebrity influence, and the volatile world of digital assets.

Conclusion

In a nutshell, the launch of Donald Trump’s “America First Edition” NFT collection is a fascinating episode at the intersection of politics, celebrity culture, and the rapidly evolving world of cryptocurrency. While it may seem like a mere extension of Trump’s brand into the digital realm, this explorative merge carries implications far beyond simple collectibles. It speaks to the growing influence of digital assets in shaping public and political discourse, the evolving strategies of political campaigns in the digital age, and the unpredictable dynamics of the cryptocurrency market.

Whether these digital trading cards will become coveted items in the NFT space or mere footnotes in the colorful tapestry of political campaigns remains to be seen. Yet, one thing is clear: in the digital age, the boundaries between technology, entertainment, and politics are increasingly blurred, leading us down fascinating paths of cultural and economic convergence.

For those enraptured by the ongoing saga of cryptocurrency, blockchain technology, and their implications for our collective future, the unfolding narrative surely provides much to ponder. Find more engaging stories and stay updated with the latest trends in the digital currency world at DeFi Daily News.



Source link

Tags: BlockonomiCloserCollectionLatestlaunchMillionnetsNFTSalesSoldTrumps
ShareTweetShare
Previous Post

Newcomer Prediction Market BET on Solana Reaches $20 Million in 24-Hour Trading Volume

Next Post

Japan Advancing Web3: Comprehensive Tax Reforms and Social Issue Solutions

Next Post
Japan Advancing Web3: Comprehensive Tax Reforms and Social Issue Solutions

Japan Advancing Web3: Comprehensive Tax Reforms and Social Issue Solutions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title SEI Leads Crypto Market With 43% Weekly Surge – alt=

rewrite this title SEI Leads Crypto Market With 43% Weekly Surge – $0.5 Reclaim In The Horizon?

June 28, 2025
rewrite this title High Season, High Stakes: Navigating Summer Risks in Property Management

rewrite this title High Season, High Stakes: Navigating Summer Risks in Property Management

June 27, 2025
rewrite this title ‘FIFA Rivals’ Review: Should You Play This NFT Soccer Game? – Decrypt

rewrite this title ‘FIFA Rivals’ Review: Should You Play This NFT Soccer Game? – Decrypt

June 28, 2025
They’re Going ALL IN on Crypto: This is What Wall St is Buying!

They’re Going ALL IN on Crypto: This is What Wall St is Buying!

June 25, 2025
rewrite this title with good SEO Bitcoin Could Explode On Bessent’s 0 Billion Deregulation Shock

rewrite this title with good SEO Bitcoin Could Explode On Bessent’s $250 Billion Deregulation Shock

May 28, 2025
Bitcoin Miners Selling Bitcoin to Stay Solvent Amid Volatility in Price – Decrypt

Bitcoin Miners Selling Bitcoin to Stay Solvent Amid Volatility in Price – Decrypt

August 13, 2024
rewrite this title with good SEO Ripple CTO Makes Major Revelations: Early XRP Entry, Mined Bitcoins — Here’s The Details | Bitcoinist.com

rewrite this title with good SEO Ripple CTO Makes Major Revelations: Early XRP Entry, Mined Bitcoins — Here’s The Details | Bitcoinist.com

July 7, 2025
rewrite this title and make it good for SEOCGDG ETF: A Global Dividend Grower With Active Edge And Smart Diversification

rewrite this title and make it good for SEOCGDG ETF: A Global Dividend Grower With Active Edge And Smart Diversification

July 7, 2025
rewrite this title Trader Says Matter of Time Before Crypto Breaks to New All-Time Highs, Updates Outlook on Bitcoin, Ethereum and One Other Altcoin – The Daily Hodl

rewrite this title Trader Says Matter of Time Before Crypto Breaks to New All-Time Highs, Updates Outlook on Bitcoin, Ethereum and One Other Altcoin – The Daily Hodl

July 7, 2025
rewrite this title Here’s How All Major AI Platforms Stacked Up in a Harry Potter Sorting Hat Quiz – Decrypt

rewrite this title Here’s How All Major AI Platforms Stacked Up in a Harry Potter Sorting Hat Quiz – Decrypt

July 7, 2025
rewrite this title Gueye signs new Everton contract – Soccer News

rewrite this title Gueye signs new Everton contract – Soccer News

July 7, 2025
rewrite this title Cloudflare’s bot paywall could ignite a tokenized content gold rush

rewrite this title Cloudflare’s bot paywall could ignite a tokenized content gold rush

July 7, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.