Key Points:
A Donald Trump NFT collection may be about to be released after previous successes.
Trump's campaign raised $3 million in crypto donations last quarter.
Former President Donald Trump announced plans to release a fourth NFT collection in a recent interview with Bloomberg.
Read more: Andreessen Horowitz (a16z) Venture Capital – Fund Investment Strategy
New Donald Trump NFT Collection Coming Soon
Donald Trump NFT collections have achieved certain achievements, which sold out quickly, stating, “The whole thing sold out: 45,000 of the cards. And I did it three times, I’m going to do another one, because the people want me to do another one. It’s unbelievable spirit. Beautiful.”
The first Donald Trump NFT collection, Trump Digital Trading Cards, was introduced in late 2022. These NFTs, priced at $99 each, featured Trump’s image and likeness and offered buyers perks such as a piece of his suit or tie or admission to a dinner event with him. The initial sale generated royalties for Trump, as did subsequent trades on the secondary market.
During a gala for his mugshot NFT holders at Mar-a-Lago in May, Trump hinted at a fourth collection but was non-committal at the time, citing supply and demand principles. Now, he has confirmed the new release, reflecting his confidence in the sustained interest.
Crypto Donations Boost Trump’s Campaign
In his Bloomberg interview, Trump also discussed the broader crypto landscape, expressing his belief that cryptocurrency is here to stay. He mentioned that his campaign began accepting crypto donations, which amounted to about $3 million out of the $331 million raised last quarter, according to Federal Election Commission data.
Additionally, Trump touched on several policy issues. He indicated he would allow Jerome Powell to complete his term as Fed Chairman if he wins the presidency and emphasized the need to maintain current interest rates. He also mentioned plans to reduce the corporate tax rate to 15%, keep TikTok unbanned, and consider JPMorgan Chase CEO Jamie Dimon for Treasury Secretary.
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