Donald Trump’s NFT collection sells out fast within hours

A collection of 45,000 NFT cards created by former US President Donald Trump sold out in hours. And it has raised over 648 ETH, or about $785,000, according to OpenSea data.

Sales kicked off Thursday night after a teaser for “Important Announcement” and is disclosed inaccount Trump’s Truth Social, with a mint starting price of $99, purchases of NFTs automatically enters buyers into a sweepstakes. With awards such as a group cocktail party at Mar-A-Lago, a dinner in Miami, or a golf trip with the former president. or chat via Zoom

Purchasing 45 or more NFTs “guarantees” the buyer that they will be invited to the Florida Republican Party gala.

Mining an NFT could bring Trump nearly $4.5 million in revenue. The creator fee imposed by OpenSea also provides a 10% royalty on secondary sales, meaning the project has accumulated nearly $80,000 in trades to date.

Some NFTs have already sold for more than $7,000, with NFT collector Nanitor purchasing Trump’s greyscale NFT in a Christmas hat for 6 ETH (or $7,200).

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