Donald Trump Surprises Everyone with a Successful NFT Collection

Donald Trump shocked everyone with the announcement of his “Trump Trading Cards” NFT collection on December 16th. Like most corporate or big-business creators these days, he chose to mint on Polygon, an Ethereum Layer 2 blockchain, to drop his 45K NFT collection. Less surprising, perhaps, is that the collection sold out in 12 hours, earning him $4.45 million. The collection floor price quickly skyrocketed, and two weeks later, though trading a lot lower, is still well above mint price, despite coming without any utility except being entered in a raffle for possible experiences with the former president. NFT INT, the company behind the collection, made it clear that the funds raised wouldn’t be going toward re-election and that Trump isn’t really a prime driver behind the collection. They just licensed his name and image to sell the digital collectibles.