How Trump’s views on crypto have shifted from ‘scam’ to NFT mania


After the information broke out that the previous president of the USA, Donald Trump, could be launching a set of non-fungible token (NFT) buying and selling playing cards in his likeness, it’s price reminding that he wasn’t all the time this open to the cryptocurrency sector.

Certainly, Donald Trump’s assortment of 45,000 NFTs minted on the Polygon (MATIC) blockchain was met with hype after he introduced the launch on his social media platform Fact Social on December 15, promoting out quickly on the unique worth of $99.

The holders of a Trump NFT are additionally given an opportunity to win a dinner with the previous president, golf with him in his golf membership, have Zoom calls, have a reside assembly with Trump, in addition to obtain memorabilia hand-signed by Trump himself.

Trump wasn’t all the time a fan

That stated, Trump began out with a really skeptical angle concerning the novel asset class, stating in July 2019, when he was nonetheless within the White Home, that he wasn’t a fan of digital property with “extremely unstable” worth:

Apparently, all of the proceeds from the gross sales is not going to be directed to Trump’s 2024 marketing campaign however as an alternative will go to the previous president himself underneath a licensing deal, over which a few of his aides voiced concern, The New York Instances’s Michael C. Bender and Maggie Haberman reported.

Disclaimer: The content material on this web site shouldn’t be thought-about funding recommendation. Investing is speculative. When investing, your capital is in danger.

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