United

Million

Former United States President Donald Trump may have earned between $100,000 and $1 million from the sale of his 45,000-piece NFT collection, according to data from his latest financial disclosure published by watchdog group &#8220;Citizens for Responsibility and Ethics in Washington&#8221; (CREW).
CREW <a href="https://www.citizensforethics.org/reports-investigations/crew-reports/donald-trumps-2023-financial-disclosures/" data-wpel-link="external" target="_blank">reports</a> that Trump may have made the aforementioned amount from the sale of the NFTs, which were launched on December 15, 2022, and showcased his life and presidential career.
Trump&#8217;s collection was launched at a price of $99 each, with sales limited to a maximum of 100 pieces per person. Buyers had the chance to win select prizes, such as a VIP dinner with the former president.
<h2 id="donald-trump-8217-s-collection-sold-out-in-less-than-a-day">Donald Trump&#8217;s Collection Sold Out in Less Than a Day</h2>
Although the NFT launch was widely criticized on social media for featuring the former president in somewhat bold or extroverted outfits, the truth is that it was well-received by the crypto community and his fans, as all 45,000 pieces sold out in less than a day.
According to Trump, the funds from this collection had <a href="https://www.semafor.com/article/12/15/2022/donald-trump-nft-collection-money-doesnt-go-to-his-campaign" target="_blank" rel="noopener" data-wpel-link="external">nothing to do</a> with any political campaign, so the former president pocketed a significant sum thanks to his foray into NFTs, and they are for his personal use.
NFT INT LLC, the company responsible for selling Trump&#8217;s cards, used his image for the sale of the digital art through a paid licensing agreement with CIC Digital LLC. Trump <a href="https://www.citizensforethics.org/wp-content/uploads/2023/04/Disclosure-Report-Part-1-4-14-23.pdf" data-wpel-link="external" target="_blank">declared</a> an income between half a million and one million dollars from CIC Digital LLC.
<a href="https://cryptopotato.com/wp-content/uploads/2023/04/cic.png" data-wpel-link="internal"><img class="aligncenter wp-image-246740 size-full" src="https://cryptopotato.com/wp-content/uploads/2023/04/cic.png" alt="Trump's disclosure" width="1168" height="239" srcset="https://cryptopotato.com/wp-content/uploads/2023/04/cic.png 1168w, https://cryptopotato.com/wp-content/uploads/2023/04/cic-300x61.png 300w, https://cryptopotato.com/wp-content/uploads/2023/04/cic-1024x210.png 1024w, https://cryptopotato.com/wp-content/uploads/2023/04/cic-768x157.png 768w, https://cryptopotato.com/wp-content/uploads/2023/04/cic-50x10.png 50w" sizes="(max-width: 1168px) 100vw, 1168px" /></a>
The NFTs promoted different perks, like exclusive in-person meetings with the former president, all-expenses-paid trips, video calls, autographs, and many other rewards; however, it is unknown whether the company responsible for selling the NFTs has fulfilled to deliver the prizes promised on the collection&#8217;s official <a href="https://collecttrumpcards.com/" target="_blank" rel="noopener" data-wpel-link="external">website</a>.
<h2 id="interest-in-trump-8217-s-nfts-continues-to-grow">Interest in Trump&#8217;s NFTs Continues to Grow</h2>
As recently <a href="https://cryptopotato.com/donald-trump-nft-sales-on-the-rise-following-his-arrest/" target="_blank" rel="noopener" data-wpel-link="internal">reported</a> by CryptoPotato, interest in Donald Trump&#8217;s NFTs continues to rise. Just 12 hours after his arrest on accusations of 34 offenses related to commercial fraud for secret payments to former porn actress Stormy Daniels, sales of his NFTs increased exponentially.
Although Trump described the lawsuit as an &#8220;<a href="https://abcnews.go.com/Politics/trump-calls-charges-insult-country-post-arraignment-remarks/story?id=98346885" target="_blank" rel="noopener" data-wpel-link="external">insult to our country,</a>&#8221; many users were able to take advantage of the news of his impeachment to speculate on the price of the NFTs, <a href="https://nftpricefloor.com/trump-nft-digital-trading-cards" data-wpel-link="external" target="_blank">earning considerable returns on their investment</a>.
<figure id="attachment_246738" aria-describedby="caption-attachment-246738" style="width: 1024px" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2023/04/Trump-NFTs.png" data-wpel-link="internal"><img class="size-large wp-image-246738" src="https://cryptopotato.com/wp-content/uploads/2023/04/Trump-NFTs-1024x599.png" alt="Price floor of the Trump Digital Trading Cards. Image: NFT Price Floor" width="1024" height="599" srcset="https://cryptopotato.com/wp-content/uploads/2023/04/Trump-NFTs-1024x599.png 1024w, https://cryptopotato.com/wp-content/uploads/2023/04/Trump-NFTs-300x175.png 300w, https://cryptopotato.com/wp-content/uploads/2023/04/Trump-NFTs-768x449.png 768w, https://cryptopotato.com/wp-content/uploads/2023/04/Trump-NFTs-50x29.png 50w, https://cryptopotato.com/wp-content/uploads/2023/04/Trump-NFTs.png 1069w" sizes="(max-width: 1024px) 100vw, 1024px" /></a><figcaption id="caption-attachment-246738" class="wp-caption-text">Price floor of the Trump Digital Trading Cards. Image: NFT Price Floor</figcaption></figure>
During those moments of intrigue surrounding the former president&#8217;s arrest, one collector sold a card purchased for less than $100, featuring Trump holding a rifle, for 0.697 ETH ($1,333 at that time). This figure represents a profit of over 1,000%. Not bad for one of the thousands of cards released.
The post <a href="https://cryptopotato.com/donald-trump-reportedly-earned-up-to-1-million-from-his-latest-nft-collection/" rel="nofollow">Donald Trump Reportedly Earned Up to $1 Million From His Latest NFT Collection</a> appeared first on <a href="https://cryptopotato.com/" rel="nofollow">CryptoPotato</a>.

Donald Trump Reportedly Earned Up to $1 Million From His Latest NFT Collection

目录

CryptoPotato_News

发布于 2023年4月17日的其他文章

New Roadmap

Filecoin price analysis: Bearish momentum builds as FIL price decline to $6.20

Polygon and Ledger Unite to Revolutionize DeFi Market in EU to Foster Adoption and Development in...

Intel Discontinues BTC Mining Chips A Year After Introducing Them

SEC Chair Outlines Key Agendas to Defend Strict Actions Against Crypto Market Before Congress

TMS Network (TMSN) Outshines Litecoin (LTC) and Ethereum Classic (ETC) with 900% Gains: Metalpha’...

订阅我们免费的电子期刊，获取每日最新加密领域动态！