Former 45th U.S. President Donald Trump is launching a third nonfungible tokens (NFT) drop center around the theme of his ongoing criminal indictments.
According to the December 12 announcement, dubbed “MugShot,” the trading cards are purchasable via either credit card or Wrapped Ether (wETH) and are not transferrable until December 31, 2024. Users will need to provide know-your-customer (KYC) information to purchase the NFTs, even if they choose to pay with crypto. In explaining the rationale behind the collection, developers wrote:
“On Thursday, August 24, 2023, President Trump was formally arrested in Fulton County, Georgia. This is a moment in history – it’s the first-ever mugshot of a United States President. In the photo, Trump has a furrowed brow with a determined gaze which says he’ll never surrender.”
Priced at $99 each, users who purchase 47 or more digital trading cards are eligible to receive “a piece of the president’s ACTUAL suit from his famous mugshot & dinner at Mar-a-Lago with the [former] President.” This is Trump’s third NFT drop following previous successes. Melania Trump, former First Lady of the United States and wife of Donald Trump has also previously launched an NFT collection.
The Former 45th U.S. President is currently seeking a non-consecutive second presidential term in the 2024 U.S. presidential election. Starting this year, Trump has been indicted by both state and federal authorities on allegations of business fraud and efforts to overturn the 2020 U.S. President Election, totaling 91 felony charges. However, the U.S. Constitution has no clauses automatically disqualifying suspects or convicted criminals from running for federal office. The 14th Amendment to the U.S. Constitution, which bars convicted insurrectionists from holding public office, requires Congressional action to be enforced.
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— CollectTrumpCards (@CollectTrump) December 12, 2023
Related: Donald Trump NFT prices spike following release of mugshot in Georgia criminal case
If you’ve been keeping up with the latest trends in the world of cryptocurrency and collectibles, you’ve probably heard of NFTs (non-fungible tokens). These digital assets have taken the market by storm, with some selling for millions of dollars. And now, the hottest NFT drop is here – ‘MugShot’ by none other than former President Donald Trump.
In this article, we’ll delve deeper into the world of NFTs, explain what makes the ‘MugShot’ NFT unique, and provide you with all the information you need to get your hands on this highly coveted digital collectible.
Understanding NFTs
Before we dive into the specifics of the ‘MugShot’ NFT, let’s first understand what NFTs are and why they have become so popular. NFTs are unique digital assets that are verified on the blockchain, making them one-of-a-kind and impossible to replicate. This verification process gives NFTs their value and scarcity, making them highly sought after by collectors and investors.
NFTs can come in various forms, including artwork, music, videos, and even tweets. They offer a way for creators to monetize their digital creations and for buyers to own something truly unique and valuable. And now, with the ‘MugShot’ NFT, former President Trump has joined the NFT craze.
Introducing the ‘MugShot’ NFT
The ‘MugShot’ NFT is a limited edition digital collectible created by artist Michael D’Antuono, best known for his politically charged artwork. The controversial NFT features a photo-realistic illustration of former President Trump’s infamous mugshot, taken in 2019.
This NFT is a part of a collection called “The Legacy of Divisiveness” that highlights the divisiveness that Trump brought upon the country during his presidency. The ‘MugShot’ NFT serves as a symbolic representation of the turbulent times that we lived through and is a powerful statement piece for collectors.
What Makes the ‘MugShot’ NFT Stand Out?
While NFTs have gained massive popularity in recent years, the ‘MugShot’ NFT is unique for several reasons. Firstly, it is created by a highly acclaimed artist whose work has been featured in prestigious art galleries and museums worldwide. This adds significant value to the digital collectible and makes it a must-have for art enthusiasts and collectors.
Moreover, the ‘MugShot’ NFT is one of the first NFTs featuring a political figure, making it an even more unique piece. This NFT represents a significant moment in history and serves as a reminder of the impact that politics can have on society.
How to Get Your Hands on the ‘MugShot’ NFT
Now that you understand the significance and popularity of the ‘MugShot’ NFT, you’re probably wondering how to get your hands on one. The NFT is available for purchase exclusively on the Mintable platform, a marketplace for buying and selling digital assets.
To bid on the ‘MugShot’ NFT, you’ll need to create an account on Mintable and have an Ethereum wallet. The auction will run for a week, and the highest bidder will be the new owner of this unique digital collectible.
Benefits and Tips for NFT Collectors
Apart from owning a piece of digital history, owning the ‘MugShot’ NFT also comes with several benefits. Firstly, NFTs offer a way to diversify your investment portfolio and can potentially bring in significant returns in the future. As the market for NFTs continues to grow, the value of unique and rare pieces will also increase.
Moreover, NFTs can be a great addition to your digital art collection, allowing you to display and enjoy your collection virtually. In addition, NFTs are easily transferable, making the whole buying and selling process seamless.
If you’re new to the world of NFTs, here are some tips to keep in mind:
– Do your research and choose a reputable platform for buying and selling NFTs.
– Set a budget and stick to it. NFTs can be expensive, so it’s essential to know your limit.
– Diversify your NFT collection to minimize risks.
– Don’t just buy for the sake of buying – choose pieces that have value and meaning to you.
– Stay updated on the latest NFT trends and developments to make informed buying decisions.
In Conclusion
The ‘MugShot’ NFT by former President Donald Trump is undoubtedly the hottest NFT drop of the year. With its powerful statement and unique value, it’s no surprise that this digital collectible has garnered significant attention from collectors worldwide.
If you’re interested in owning a piece of digital history and a highly coveted NFT, do your research, set a budget, and place your bids on the Mintable platform. Who knows, you might just become the proud owner of the ‘MugShot’ NFT and join the ranks of esteemed NFT collectors.