Donald Trump, former US President, has announced the release of a “Series 2” of his NFT collection Trump Digital Trading Cards, despite his recent indictment. The tokens will be minted on the Polygon blockchain and remain at their original mint price of $99, but the art, rarity traits, and utility features will differ from the first collection. Series 2 includes 47,000 non-fungible tokens, 2,000 more than the first series, which could be a nod to his ambition to return to the White House as the 47th president.
Trump Digital Trading Card website claims that no 10 tokens will have the same features. Rather than a sweepstakes, collectors who purchase 47 tokens can claim a dinner with Trump at his Mar-a-Lago resort in Florida. Collectors who purchase 100 tokens with a cryptocurrency will earn the dinner and a unique Trump-themed artwork.
Trump’s first NFT collection released in December sold out within hours, earning him between $500,000 and $1 million, according to a recent filing from the US Office of Government Ethics. However, upon the news of the upcoming collection, the floor price of the original collection on the secondary market OpenSea lost about half its value, sinking to 0.2 ETH (about $420) from nearly 0.4 ETH ($840).
Despite the ongoing legal issues, Trump continues to pursue his Web3 ambitions with the release of this new NFT collection. The move highlights the growing interest in NFTs and the impact they have on the crypto sector, where digital assets and blockchain technology continue to disrupt traditional finance.
According to the latest data from DappRadar, a leading platform for decentralized applications (Dapps), NFT sales hit 101 million in 2022 . As more mainstream brands and celebrities like Trump embrace NFTs, the sector’s popularity and value will continue to grow.
The new Trump Digital Trading Cards Series 2 will undoubtedly attract collectors and crypto enthusiasts alike, adding to the growing demand for NFTs. However, it remains to be seen whether this latest move will boost or harm the overall value of Trump’s NFT collection and the wider crypto sector in the long run.