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In reply to the discussion: Is this true? [View all]

Jim__

(15,134 posts)
3. Donald Trump's Cringe NFT Collection Sells Out, Raising $4.45M - CNET
Fri Dec 16, 2022, 06:22 AM
Dec 2022

What can anyone say? I can't speak to the reliability of CNET.

From CNET

Trump's "major announcement" of an NFT collection featuring himself was widely derided. But all 45,000 pieces sold in 12 hours.

Earlier in the week, Donald Trump teased a "major announcement" on Truth Social, the platform he took to after being banned from Twitter last year. Some speculated Trump would be announcing his running mate for the 2024 presidential election, or some other key detail for his campaign. The news turned out to be a disappointment even to some of Trump's supporters: A Trump-themed NFT collection. 

"My official Donald Trump Digital Trading Card collection is here!" he posted on Thursday. Trump never used the abbreviation "NFT" in the post, but that's indeed what the "digital trading cards" are: 45,000 NFTs on the Polygon blockchain, priced at $99 each.

Though the NFTs were widely mocked by both Trump supporters and detractors alike, all 45,000 sold out in around 12 hours, according to OpenSea data. At $99 each, that means $4.45 million has been raised. The collection's creators also recieve 10% of every sale on secondary markets like OpenSea. Thus far traders have spent $406,000 (320 ether) buying and selling the NFTs on OpenSea. Who that money goes to and how it's used remains a mystery. 

...


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Is this true? [View all] no_hypocrisy Dec 2022 OP
srsly? both sad & scary. n/t KarenS Dec 2022 #1
And people say Americans are smart. I beg to differ. Many are not. Funtatlaguy Dec 2022 #2
Donald Trump's Cringe NFT Collection Sells Out, Raising $4.45M - CNET Jim__ Dec 2022 #3
I think he recycles his own money and buys them himself bucolic_frolic Dec 2022 #4
I don't think so.. agingdem Dec 2022 #5
Nah, bucolic is right obamanut2012 Dec 2022 #13
maybe...but digital cards are not like books.. agingdem Dec 2022 #16
Dinesh D'Souza books are big sellers too. Saboburns Dec 2022 #6
Money laundering scheme. Grokenstein Dec 2022 #7
Yes I wonder who is sending money to Trump via the trading cards. Irish_Dem Dec 2022 #11
Foreign inteligence agencies Miguelito Loveless Dec 2022 #18
Same cast of shady characters who benefit greatly. Irish_Dem Dec 2022 #21
Just wait! imanamerican63 Dec 2022 #8
He'll lose it all for copyright infringements C_U_L8R Dec 2022 #9
The cards were designed by digital artist Clark Mitchell. N/Y Ms. Toad Dec 2022 #19
I thought nft art also crashed with the crypto crashes? Meowmee Dec 2022 #10
RW books always show up on the NYT's Bestseller lists obamanut2012 Dec 2022 #12
Any 'numbers' come from trmp camp....they would never lie! spanone Dec 2022 #14
Good. let the fuckers give him their money. when does the audio book of Hotler Dec 2022 #15
on the bright side... jcgoldie Dec 2022 #17
No doubt in my mind that this is bluestarone Dec 2022 #20
Even more amazing, they are also apparently re-selling them for $200 plus. Midnight Writer Dec 2022 #22
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