August 28th 2024.
It seems as though the latest craze amongst children on the playground is collecting cards featuring none other than the infamous Donald Trump. However, these are not your ordinary trading cards. Trump has released a new collection of non-fungible tokens, or NFTs, for the surprisingly low price of $99 per card.
One card in particular, titled "The Greatest of all Time," showcases Trump displaying a stern expression while holding the presidential seal. Another card features him as a superhero, aptly named "SuperTrump." In an effort to show his support for cryptocurrency, there is even a limited edition card of Trump wielding a lightning bolt, proudly claiming to be the "Bitcoin President." To further solidify his stance, another card depicts Trump gently caressing a large Bitcoin ball.
Perhaps the most unique card in the collection is the "Official Debate Card," which includes a piece of Trump's suit that was torn off during a debate. The description on the Collect Trump Cards website boasts of Trump's "knockout performance," claiming it to be a pivotal moment in the presidential race. Trump himself has even declared that historians will be discussing this debate for years to come.
It's important to note that these cards are not physical items, but rather digital assets known as NFTs. Trump first began selling these digital cards in 2022, and they have proven to be quite popular. In fact, after President Joe Biden's lackluster performance in a televised debate, his approval ratings plummeted, causing him to eventually step aside and endorse his vice president, Kamala Harris.
Trump recently announced the release of a new batch of trading card packets on his social media website, Truth Social. In a post, he exclaimed, "Back by popular demand, my Trump Digital Trading Cards, Series Four: The America First Collection, is available now and I think you'll love it! Some lucky buyers may even receive an invitation to a gala dinner at my private club in Jupiter, Florida. Don't wait, have fun - these cards will go fast!"
For those unfamiliar with NFTs, they essentially allow a person to claim ownership of a digital asset. Each card has a unique identifying code, making it a valuable collectible. Trump has even thrown in some extra incentives for buyers, such as autographed shoes and the chance to go golfing at one of his properties or have a virtual meeting with him.
It may come as a surprise to some, but Trump's campaign is not actually profiting from the sale of these cards. Instead, Trump has entered into a licensing deal where he receives a percentage of the profits. The company responsible for selling the cards, NFT INT L.L.C, is based in Delaware and has obtained the rights to use Trump's name and likeness from CIC Digital LLC.
In addition to the various incentives already mentioned, buyers who purchase 15 NFTs will receive a physical printout of one card, while those who buy 75 in a single transaction will win a dinner date with Trump himself. In a video posted on Truth Social, Trump announces that five lucky buyers will even receive an autographed NFT, calling it "a true collector's item" to pass down to future generations.
It's worth noting that Trump has not always been a fan of cryptocurrency, at one point even calling it a scam. However, as he gears up for the upcoming US presidential election, he has shifted his focus to attracting Bitcoin enthusiasts, promising to turn the country into the "crypto capital of the planet" and the "Bitcoin superpower of the world." Only time will tell if this strategy will pay off for him in the end.
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