Shortly after Donald Trump announced his new NFT collection, all 45,000 cards sold out within hours, raising more than 648 ETH (approximately USD 785,000).
After teasing an important announcement and then introducing the NFTs on his Truth Social account, the public sale of Donald Trump’s NFT collection started on 15 December. Initially, the price was fixed at USD 99. By acquiring an NFT, buyers were automatically introduced to a raffle with various prizes, including a group call on Zoom, a Miami dinner, or a cocktail party at Mar-A-Lago.
Acquiring 45 or more non-fungible tokens reportedly ‘guarantee’ buyers a participation to a gala dinner with Trump in South Florida. Apparently, there are already some whales among the Trump NFT holders. Right now, there are 34 wallets with 100 or more Trump NFT cards. According to OpenSea numbers, 1,000 cards were moved to one wallet just hours before the start of the public sale. The second place goes to a holder that currently has 673 NFT cards from Trump’s collection.
It seems that Trump made close to USD 4.5 million with his NFT collection. OpenSea’s creator fees provide a 10% royalty from secondary sales. So far, this NFT project already accrued close to USD 80,000 from trades. There are some cards that already have a reselling value of USD 7000+. Nanitor, an NFT collector, bought a Trump NFT displaying the former president with a Christmas hat for USD 7,200 (6 ETH).