Trump Launches NFT Collection, Generates $53K in 24 Hours

• Donald Trump recently launched a non-fungible token (NFT) card collection which sold out on the first day.
• Winners of the Trump-themed prizes are selling prize NFTs on secondary NFT marketplaces such as Opensea.
• In the past 24 hours, the “Win Trump Prizes” collection has seen 38 ether, or roughly $53,000 in sales.

Donald Trump recently launched a non-fungible token (NFT) card collection, offering lucky winners the chance to have a one-on-one Zoom meeting with the 45th president of the United States and a gala dinner with the former president in Florida. The NFT collection was met with mixed reactions by pundits on the left side of the political spectrum, but still sold out on the first day of its launch.

Now, winners of the Trump-themed prizes are selling prize NFTs on secondary NFT marketplaces such as Opensea. The NFTs act as passes for the Zoom meeting and dinner with Trump, and were minted on the Polygon blockchain, just like the trading card set. During the past 24 hours, the “Win Trump Prizes” collection has seen 38 ether, or roughly $53,000 in sales, on Thursday, Jan. 12, 2023.

The collection does not represent a large portion of non-fungible token sales, however, as it only represents 0.18% of the total NFT sales recorded on Jan. 12th. Nevertheless, it still shows the power of NFTs and their ability to generate real-world value for their owners.

It remains to be seen if the “Win Trump Prizes” collection will continue to generate sales, or if it will eventually become just a footnote in NFT history. For now, however, it appears to be a success, with the sale of 38 ether in just 24 hours, and it’s a great example of how NFTs can be used to generate real-world value.