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speak easy

(9,317 posts)
Sat Dec 17, 2022, 01:20 PM Dec 2022

NB: Trump gets a 10% royalty on the resale of the digital card NFTs

You have the ability to trade or sell your Trump Digital Trading Card directly with your friends or on any secondary marketplace that accepts Polygon-based NFTs/digital collectibles.

On each secondary sale of a Trump Digital Trading Card, there will be a 10% royalty on the sale price that will be paid back to the creator.

https://www.collecttrumpcards.com

This is more than the grift that keeps on giving, it allows money to be laundered to Trump legally, by driving up the price on the aftermarket (10% to Trump on every sale with MAGAs thinking how smart they are) - or via private sales. For example, an Oligarch could buy set by private sale at an extortionate price (10% to Trump), on then sell them to the Saudisetc. at a super extortionate price (10% more to Trump), all perfectly legally. Trump declares the income. Launder complete.

As kpete posted: "He's Not Selling Cards!"
https://www.democraticunderground.com/100217469545
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underpants

(182,884 posts)
3. Remember his campaign set donations to be continually repeat
Sat Dec 17, 2022, 01:27 PM
Dec 2022

Unless the donor clicked OFF a box at the bottom of the page their donation repeated every month.

yellowdogintexas

(22,270 posts)
4. 10% to the "creator." Is the creator #45 or the company which put it
Sat Dec 17, 2022, 01:31 PM
Dec 2022

together and got it internet ready (more or less)?

If it's the company then the company has to redirect to him
If it's him, then the money goes straight to him

yellowdogintexas

(22,270 posts)
8. The 'creator' is probably LFT INT LLC. It would not surprise me
Sat Dec 17, 2022, 01:58 PM
Dec 2022

in the least if the CEO is #45. Just a front to get him some $$

TheBlackAdder

(28,218 posts)
6. I knew there had to be a catch. $4.5M was not that much. Now 2 Saudis can sell one back & forth.
Sat Dec 17, 2022, 01:46 PM
Dec 2022

.

Or the same Saudi with two accounts.

.

gulliver

(13,197 posts)
7. Unfortunately, it's actually fairly brilliant
Sat Dec 17, 2022, 01:55 PM
Dec 2022

It's hard to find an angle it can be viewed from that doesn't make Trump a lot of money. He makes money as the speculative bubble grows and as it bursts. Money laundering provides a market in addition to raw speculation. It's basically the same image-based grift and dirty money friendly asset holding that Trump has always done, but without the atoms.

speak easy

(9,317 posts)
10. Round X will be the 2024 campaign NFTs,
Sat Dec 17, 2022, 02:02 PM
Dec 2022

which will be worth 'so much more' if he actually wins. The aftermarket will go up and down on his prospects.

womanofthehills

(8,774 posts)
9. Cards now all selling for around $400 over on Open Sea
Sat Dec 17, 2022, 02:01 PM
Dec 2022

Digital Investors are buying them, not your average Republican because average older Republicans don’t have digital wallets or even know what they are.

https://opensea.io/collection/trump-digital-trading-cards?search%5BsortAscending%5D=true&search%5BsortBy%5D=UNIT_PRICE

erronis

(15,339 posts)
12. Some of us feel the same way about the "art" "market"
Sat Dec 17, 2022, 03:23 PM
Dec 2022

How much can you get from the next sucker.

And how can I hide my assets from the taxman.

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