Coinspeaker Former President Donald Trump’s Fourth NFT Collection Generates Over $2M in Sales
The former United States president Donald Trump has continued his romance with the crypto and decentralized finance (DeFi) world as he launches the fourth series of his non-fungible token (NFT) trading card collection, which he titled ‘Series 4: The America First Collection’.
The collection has generated over 22,000 sales on the Polygon network, earning more than $2.17 million, with each NFT costing $99. Despite the high sales, this collection has only been able to gain just 6% of its possible supply of 360,000 NFTs.
This new series features the current Republican presidential candidate in various poses and costumes. Some cards show him riding a motorcycle, dressed as a superhero, and wearing boxing gloves in the colors of the American flag.
Trump’s latest NFTs cannot be resold on the secondary market until January 31, 2025, which is a similar limitation placed on his previous collection. This approach might be a way to keep control over the NFT market and possibly raise the value of the cards in the future.
People who buy the new Trump NFT stand a chance of getting rewards such as Trump’s limited edition sneakers and his physical card, and they could even have a gala dinner night with the former president. Aside from this, a participant could have dinner with Trump and get the actual suit from his famous debate should such a participant purchase 75 or 250 of these cards in one transaction. The website revealed:
“Buy 75 or 250 digital trading cards (in a single transaction), and you’ll get Both: Dinner with the president at his Private Country Club & A Piece of the Actual Suit from his famous debate!”
Trump’s new love for crypto is a shift from his earlier criticism of digital assets. The former president has been receiving campaign donations in cryptocurrency and has engaged with major players in the industry. However, it was stated that the website of the latest batch of Trump’s NFT is mainly for its purpose and has no political motive behind it. They stated:
The Website Offerings, including the Digital Trading Cards, Physical Trading Cards, and Limited Edition Gold and Platinum Sneakers are not political and have nothing to do with any political campaign.
Mixed Results for Past Collections
According to Trump’s financial disclosure, his previous NFT collections made more than $7 million. While his first collection had a 100% rise in its lowest price, the second and third collections couldn’t repeat the same feat, resulting in losses for minters.
It’s still unclear how well the new “America First” collection will do, as many crypto fans and political watchers will be paying attention to how the cards trade in the future.
Should Trump be successful with his latest crypto project and all the NFTs in this collection sell out, the project would generate a total revenue of over $35.6 million.
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Former President Donald Trump’s Fourth NFT Collection Generates Over $2M in Sales