December 13, 2023 at 11:31 GMTModified date: December 13, 2023 at 11:31 GMT
December 13, 2023 at 11:31 GMT

Donald Trump releases new NFT collection themed around his mugshots

Former US president Donald Trump is back with his second non-fungible token (NFT) collection after the previous ones got sold out within hours.

Donald Trump releases new NFT collection themed around his mugshots

Former US president Donald Trump is back with his second non-fungible token (NFT) collection after the previous one sold out within hours. This time, the NFTs are themed around his infamous mugshot that was captured when he surrendered in Georgia on charges of plotting to overturn the state’s 2020 election results.

“Now I’m back with my latest series called the Mugshot edition, I wonder where that came from”, said Trump in a video that is just over two minutes long. The new collection features 47 new digital cards of Trump in different poses.

The former president is also “doing two important things for” his Trump collectors. For the first time, a real physical Trump card will be given to fans who purchase all of the other 47 digital cards.

Collectors who meet this criteria will be mailed a physical trading card containing an authentic piece of the suit Trump wore when he took the now-famous mugshot in his August 2023 arrest. He would also be autographing some of these physical cards.

“In this Edition, some cards will even be one-of-ones (the only one in the world), while some others could even be hand-signed by President Donald J. Trump. These rare cards will be randomly awarded”, said the official website.

The purchase of all of the 47 cards will also give collectors the opportunity to dine with the former president. An invitation would be sent to them for a gala dinner at Trump’s home at Mar-a-Lago in Florida. A similar event was organised in April when Trump released the ‘Series 2’ of his collectibles.

The price of these cards have been kept at $99 each, which is the same as his previous collection. Trump has advised purchasers to hurry up in buying these tokens as he believes it to be sold out quicker than last time.

Donald Trump previously sceptical about crypto

Trump has dived into NFTs despite being sceptical of cryptocurrencies. Back when he was the president, he had tweeted that he was “not a fan” of crypto, saying that they were “not money”.

However, in December 2022, he launched his NFT project, in which the first of the collection was called ‘President Trump NFT’ consisting of a total of 45,000 digital art pieces. These consisted of images of himself in what looked similar to baseball cards. 

Its second series was released in April featuring 47,000 tokens with a limited one-of-one NFTs and autographed cards. Both of these collections were sold out quickly on its launch day. 

Recent filings have also revealed how Trump has earned between $100,001 to $1 million through NFTs. He was able to do this by serving as the “manager, president, secretary and treasurer” for CIC Digital LLC since March 2022. This company granted NFT INT LLC a licence to use his name, likeness, and image in his “Trump Digital Trading Cards” NFT collection.

The sales volume of these collections more than doubled ahead of the former president’s arraignment in New York City this year. The figure surpassed 200% shortly after his arrest where sales of around $75,000 worth of Trump NFT were made within a day. 

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