Melania Trump launches third NFT collection commemorating Trump presidency

Former First Lady Melania Trump returns to the NFT game and auctions a new set of assets commemorating moments of her husband Donald Trump’s presidency.

The “POTUS TRUMP NFT Collection” will go on sale on February 21, President’s Day, he announced on Twitter on Thursday. It will commemorate events such as Christmas at the White House and the Trumps’ visit to Mount Rushmore, according to the announcement.

But bidders will not know exactly what they are buying until they have bought it.

“Collectors will enjoy an element of surprise, as the artwork in each collection is revealed only after purchase,” the ad said. “Of course, collectors can make multiple purchases to own the entire POTUS TRUMP collection.”

The collection includes NFT 10,000, each at a cost of $ 50. The auction will be held according to the Solana protocol.

Melania Trump provided creative direction for the NFT set, according to the announcement. “I look forward to working with others to provide truly special and authentic parts of U.S. history,” he said in a statement.

This is the third NFT effort of the first lady model. Trump’s first NFT, released in Decemberit was a digital version of “Melania’s Vision,” a watercolor painting of Trump’s eyes.

His second effort, called “Head of State,” included articles from the Trumps’ 2018 state visit with French President Emmanuel Macron, including a painting and the white hat worn by Melania Trump. But that auction failed, coming at a time when cryptocurrency stocks were plummeting and only getting five bids, according to media reports. And the funds for the winning bidder came from the creator of the NFT itself, Vice and Bloomberg reported. Trump’s office denied him an offer for his own assets.

Trump is just the latest celebrity to join the NFT craze. The market for these digital collectible it has wiped out everyone sports stars to major brands to whistleblower Edward Snowden. Pablo Picasso’s descendants have created a digital spin-off of the Spanish artist’s work, and Nike is NFT construction to be used in a virtual universe on the Meta platform, the company formerly known as Facebook.

Last year, a cryptocurrency company he bought an NFT from a $ 95,000 Banksy artwork and then burned the original.

An NFT, or non-expendable witness, is a unique proof of ownership of digital assets, basically a receipt for a specific item. Because each NFT is unique, they can be bought, sold, and traded as trading cards. Some collectors buy NFT for bragging rights, while others expect to make money from their investment.

Trump’s announcement had mixed reactions.

“I love you both, but WHY NFTs ?!” said a Twitter user.

Others questioned the ethics of a former politician who benefited from articles created during his time in office.

“Trump sells the archives of the PEOPLE’S HOUSE? !!” he tweeted Stephanie Winston Wolkoff, former adviser to the first lady. “Is that legal?”

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