- Former President Donald Trump earns between $100,001 and $1 million from NFTs, his new financial disclosure reveals.
- Trump unveiled his first NFT collection last year. This is a series of his $99 digital “trading cards” featuring cartoon drawings of him in various heroic poses and costumes.
- Now the front-runner for the 2024 Republican presidential nomination, Trump had to submit a form as a federal candidate.
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Source: Collecttrumpcards.com
Former President Donald Trump made at least six figures last year selling NFTs. financial disclosure shown on Friday.
An NFT (short for Non-Fungible Token) is a unique digital asset whose ownership is recorded on a digital ledger called a blockchain.
According to the 2022 Financial Disclosure Form issued by the watchdog group CREW, Trump has earned between $100,000 and $1 million from NFTs.
Trump, now the frontrunner for the 2024 Republican presidential nomination, had to submit a form as a federal candidate, CREW noted.
Trump unveiled his first NFT collection in December. A series of digital “trading cards” feature cartoon drawings of him in various heroic poses and costumes. For example, one card shows him in a space suit with sunglasses, while another shows him as a superhero with lasers shooting out of his eyes.
The former president teased the rollout of the $99 card as a “important announcement,” prompting ridicule even from some of him. alliesBut a series of 45,000 NFTs is sold out In less than a day, according to the website that listed them.
At that point, Trump had already announced the 2024 presidential election. However, the site declared that the card was “non-political and has nothing to do with any political movement.”
The card’s seller, NFT INT LLC, used Trump’s name and likeness under a paid license agreement through a company called CIC Digital LLC, according to the site.
It was also revealed that Trump earned more than $5 million from his speaking engagements through a similarly named company called CIC Ventures LLC.