For Donald J. Trump, controversy is nothing new, and his latest adventure into the NFT world underscores this. The collection, showcasing pieces tied to his legal encounters, uniquely plays into the mugshot taken post his Georgia indictment in 2022. Mugshot Edition Ex-President Trump introduces an exclusive set of 'Mugshot Series' NFT cards priced at $99 apiece
Keypoints
- Purchasing a total of 47 NFT cards, equivalent to a $4,653 investment, qualifies buyers for a chance to enjoy a meal with Trump and to receive a physical card embedded with fabric from the mugshot occasion's suit.
- Past Trump-themed NFT releases have included enticing incentives to meet him in person.
- Interest in Trump's previous NFT collection skyrocketed over 200% following the announcement of this latest offering.
- A limited edition of 2,024 physical cards with suit fabric fragments are currently up for grabs.
- This new series marks Trump's third NFT venture after launching his 'Trump Digital Collectible Cards' series in 2021 and 2022. Although Trump doesn't directly own the NFT firm responsible for these, he licenses his image and name for them. Previous releases dangled possibilities such as video chats with Trump or special events at Mar-a-Lago.
With the 'Mugshot NFTs', Trump raises the stakes, offering select purchasers not just his company, but actual memorabilia from his arrest based on charges like racketeering. Buying at least 47 NFTs grants a dinner at Mar-a-Lago with Trump and a trading card containing a piece of his infamous suit.
As detailed on the associated website, 2,024 tangible cards with fabric pieces will be made. Mega-collectors have additional opportunities; acquiring 100 NFTs grants access to a pre-dinner gathering with Trump, while purchasing over 100 secures another physical card featuring a piece of his tie.
Watch This Video: Don't Miss Out! pic.twitter.com/vunSPlEY6Z
— CollectTrumpCards (@CollectTrump) December 12, 2023
The collection also boasts one-of-a-kind, hand-signed cards, enhancing its allure.
News of the mugshot-themed venture resulted in a sharp uptick in existing Trump NFT trading volumes, exceeding 200% in just a day. Initial drops in older card values were quickly rectified following the spike.
The promotional site ambitiously labels Trump's mugshot attire as a 'seminal piece of American history', suggesting it epitomizes his unwavering resolve against his alleged adversaries' tactics.
Launching in tandem with Trump's third presidential campaign for 2024, these NFTs appear to capitalize both on his supporters’ fervor and the ongoing media frenzy surrounding his legal battles against various allegations, including racketeering in Georgia and multiple probes across New York, Washington D.C., and recent federal investigations.
Notably, Trump once condemned cryptocurrencies as 'enablers of illegal activities' in 2021, yet the benefits of licensing his identity for NFTs has clearly proven financially rewarding, according to government financial disclosures detailing his earnings and crypto holdings.
Trump's latest NFT drop reiterates his knack for monetizing his high-profile status and divisive persona, whether through politics or his myriad business ventures. Early market reactions indicate a continued eagerness from his audience to invest in the allure and message he represents.
Chief Editor of Blockonomi and Kooc Media founder, a UK-based online media entity, believes in the power of open-source tech, blockchain innovations, and a universally accessible internet.
