decrypt.co
Donald Trump today launched a collection of NFT trading cards that claim to come with real-life benefits for buyers, including an invite to a gala dinner with Trump or even a meet-and-greet with the former U.S. president. And NFT enthusiasts and Trump supporters alike are incredulous over the news.
Trump shared the Collect Trump Cards campaign through his official Truth Social account on Thursday. The post says that the digital trading cards—which are minted on Polygon, an Ethereum sidechain network—will sell for $99 apiece and enter buyers into sweepstakes to win certain perks.
Each card features an illustration of Trump, in some cases reimagined as a superhero, cowboy, or astronaut. In reality, the ex-president left the office in disgrace after encouraging the January 6 United States Capitol attack in 2021, and has since faced investigations into his role in the events alongside alleged fraud at his companies.
“Collect all of your favorite Trump Digital Trading Cards, very much like a baseball card, but hopefully much more exciting,” he wrote today. “Would make a great Christmas gift. Don’t Wait. They will be gone, I believe, very quickly!”
This is the first time that Trump himself has released his own NFT collectibles, although there have been past unofficial projects. Social network Parler, for example, released Trump-inspired NFTs earlier this year. Trump's collection features 45,000 total NFTs on Polygon, with a per-buyer limit of 100 NFTs.
The backlash on Crypto Twitter was immediate, with NFT personalities reacting to what Trump had promised was a "major announcement" for today.
We can't. We just...it's too much.
h/t @poweredbysol pic.twitter.com/hTF3yJscc7
— Autism Capital 🧩 (@AutismCapital) December 15, 2022
"Is this an appropriate use of 'I can't even?'" wrote pseudonymous NFT collector and creator, Punk6529.
I have so many questions and comments but really just in disbelief and confused and hope it all goes to zero post haste so we can start again. pic.twitter.com/sOVCTfUQRs
— The Wolf Of All Streets (@scottmelker) December 15, 2022
"My god," reacted crypto trader and influencer Scott Melker. "I have so many questions and comments, but really just in disbelief and confused and hope it all goes to zero posthaste so we can start again."
"Donald Trump is launching his NFT collection," wrote crypto investor LilMoonLambo. "Sell everything. The bear market won."
Donald Trump is launching his NFT collection
Sell everything
The bear market won pic.twitter.com/VVIH63Y1AB
— yzy.eth (@LilMoonLambo) December 15, 2022
Even conservative voices see the launch as a misfire. Robby Starbuck, a filmmaker and former Republican congressional candidate, opined: "Love the guy but this turns many off."
Hard truth time: This is not good. We’re facing a threat to civilization from far left Marxist extremists. Teasing NFT cards as a major announcement is not the kind of fight people want to see now. These are dark times. Love the guy but this turns many off. Agree or disagree? pic.twitter.com/tJ4CcPDF0F
— Robby Starbuck (@robbystarbuck) December 15, 2022
Others pointed to Trump's previously stated stance against cryptocurrency. His NFT cards are minted on a blockchain network and can be purchased with crypto, representing a flip-flop for the former president.
how it started how it’s going pic.twitter.com/1c76kGUmUw
— Aubrey Strobel (@aubreystrobel) December 15, 2022