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Home Crypto NFT

Trump Digital Buying and selling Card Challenge Mints NFTs for Winners of Prizes

News Room by News Room
Jan 16, 2023 4:48 pm EST
in NFT
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Though Donald Trump’s non-fungible token (NFT) assortment bought out in December, its suite of NFTs for sweepstakes winners are actually flooding the market.

In response to information from NFT market OpenSea, the identical pockets that bought the unique NFTs is minting tokens that function entry passes to the sweepstakes prizes touted through the launch of the Trump Digital Buying and selling Card assortment.

The tokens characteristic pictures of Trump holding an indication resembling a ticket, itemizing the prizes promoted through the authentic mint. These embrace a bunch zoom name, a gala dinner and a hardcover copy of his e book “Our Journey Collectively.”

The gathering at the moment has a buying and selling quantity of 35 ETH, or about $48,500, and a ground worth of 0.021 ETH, or practically $30.

The place the tokens within the authentic mint value $99 to mint and enter the sweepstakes, the brand new token costs vary relying on the rarity of the expertise. Whereas the group zoom name prices 0.03 ETH, or $40 to entry, a one-on-one assembly with the forty fifth president is at the moment listed at 200 ETH, or about $278,000. In response to the official sweepstakes guidelines, the common retail worth of the one-on-one assembly with the previous president at Mar-a-Lago is “$0/Priceless.”

The unique assortment has seen a dramatic drop in buying and selling quantity because it launched in December, 2022, with a present ground worth of .17 ETH (about $235) and an virtually 99% drop in buying and selling quantity since its peak, based on information from CryptoSlam.

Study extra about Consensus 2023, CoinDesk’s longest-running and most influential occasion that brings collectively all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and purchase your move now.

Read the full article here

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