Nfts
What are Trump NFTs?
Your guide: What are Trump NFTs?
Regardless of your political stance, it’s probably safe to say that there’s a market for everyone.
If you’re into crypto, you’ve probably seen a new NFT hit the market from former President Donald Trump.
Today we are going to answer the question: “What are the Asset NFTs?
Keep reading to find out
Read also : Justin Bieber’s $2 million NFT is now worth less than $100,000
What is an NFT?
An NFT is the short name for a non-fungible token. These are digitized assets that retain a unique identifier that verifies ownership. This identifier is found in the blockchain of the image, song, etc. specified and cannot be modified. So that’s where these assets get their value from.
The Trump NFT is an NFT-like digital asset on the Bitcoin blockchain. You may have seen advertisements for this product under the guise of “Trump Trading Cards.”
How much did Trump make selling NFTs?
Based on research and according to CNBC, it appears that former President Donald Trump earned between $100,000 and $1,000,000 from revenue from NFT sales.
Read also : Manchester City and OKX Crypto Exchange team up for new NFTs
What are Trump NFTs?
Trump NFTs are the 45th President of the United States’ first entry into the market. Specifically, these non-fungible tokens are collectible cards that depict patriotic and fictional interpretations of the former president.
When they arrived, the assets had increased in value. not only because of the inherent appeal of this digital asset, but also because of the publicity and rewards that come with it.
When initially released, these NFTs offered the opportunity to win special prizes. It ranges from meeting Trump himself to some interesting stuff. This is a large part of the reason they were so popular when they first hit the market.
Conclusion
In conclusion, regardless of where you stand across the aisle, the simple fact that a former president can make over $100,000 selling NFTs shows the lucrative opportunities in crypto.
So the next time you’re looking for a new way to generate passive income, you might want to try your hand at creating NFTs.
Good exchange.