The former first lady says the POTUS TRUMP NFT collection will celebrate her husband's presidency — and will be launched on Monday.
Melania Trump has announced she is launching even more non-fungible tokens.
The former first lady says the POTUS TRUMP NFT collection will celebrate her husband's presidency — and will be launched on Monday.
It'll consist of 10 original pieces of artwork — highlighting "iconic moments" such as his visit to Mount Rushmore, and Christmas at the White House. Some will be scarcer than others.
Trump is upping the stakes with this sale as 10,000 NFTs are being offered for $50 a pop. The collectibles are going to be split into two tiers, platinum and gold. A statement said:
"Collectors will enjoy an element of surprise, as the artwork of each NFT is revealed only after purchase."
Trump added that she was "honored to recognize important moments in our nation's history."
A Second Attempt
All of this comes after Melania Trump's first NFT sale ended in tears — with the value of Solana tokens crashing around the time of the auction.
Opening bids for "The Head of State Collection" were set at the cash equivalent of $250,000, and bids were only being accepted using SOL.
Unfortunately for Trump, just five offers above the starting price of 1,800 SOL were made — and a sharp fall in the value of SOL meant she only received $163,800.
On Wednesday, Bloomberg also reported that the crypto used to purchase those NFTs came from a wallet that was linked to the project behind the sale — indicating that wash trading may have been at play.
In a statement, her representatives rejected these claims — and insisted "the transaction was facilitated on behalf of a third-party buyer."
