Community baffled by Trump’s strange SimpDAO NFT collection

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Former President and crypto hater Donald Trump’s bizarre NFT collection project has left the community baffled.

Even conservatives and staunch MAGA supporters are scratching their heads, while analyst Eric Wall has likened the project to a SimpDAO.

In what Trump called a major announcement via his Truth Social social media platform on Dec. 15, the former president unveiled a collection of 45,000 NFT trading cards, with the artwork depicting him in various outfits such as a golf outfit, hunting gear and a superhero costume. .

Thank goodness digital trading cards are here. This was indeed a MAJOR ANNOUNCEMENT. pic.twitter.com/T1nsqRwr92

— Ben Shapiro (@benshapiro) December 15, 2022

Polygon-based NFTs sell for $99 per token, and buyers are automatically entered into sweepstakes that include thousands of prizes such as one-on-one dinners, zoom calls, and rounds of golf with Trump. .

At the time of writing, approximately 35,600 digital Trump trading cards are listed for secondary sales on Opensea, with a floor price of 0.065 Ether (ETH), or $82.

Members of the NFT community reported that some of the biggest selloffs to date were between 1 ETH ($1,270) and 2 ETH ($2,541).

35 wallets contain at least 45 nft assets which entitles them to dine with it pic.twitter.com/AsDwa5dehC

— foobar (@0xfoobar) December 15, 2022

Wall, who was one of the first to explain the SimpDAO concept and launched his own with EricaDAO, noted the resemblance on Twitter:

Wait a minute. These NFTs give you access to a community. A dinner with Trump. Golfing with Trump. Zoom calls. Individual meetings. Autographs. These are not baseball cards. It’s 407506a SimpDAO!

The term “SimpDAO” was coined after social media star Irene Zhao launched IreneDAO in January. The NFT Project offers fans known as Simps a way to bond with their love for Irene and get perks like free tokens, meet and greets, phone calls, and more. It has generated $3.3 million in secondary NFT sales to date on OpenSea alone.

Isn’t it crazy that he says he doesn’t like cryptocurrencies blah blah blah and now there’s a “MATIC/WETH” error on the checkout page of a product he’s selling

Life comes to you fast pic.twitter.com/gDeclpLR1j

— Eric Wall (@ercwl) December 15, 2022

Binance CEO Changpeng Zhao shrugged off the politics and was relatively optimistic about the meaning of the project, noting that the former US president is issuing NFTs. And he didn’t like crypto before. We are getting there.

In response, Bitcoin proponent and Twitter founder Jack Dorsey asked: go where?.

Go where ?

— jack (@jack) December 15, 2022

While Trump’s polarizing moves are often embraced by his supporters, a surprising number did not follow him in this instance.

The far-right Internet account and riot participant Capital Baked Alaska (Anthime Gionet) tweeted I can’t believe I’m going to jail for an NFT seller, while conservative content creators, the Hodgetwins, also expressed dismay.

Manwhen all patriots are looking for hope for the future of our country and Trump hypes everyone up with a BIG ANNOUNCEMENT, they wrote, adding that then [he] drops a low quality NFT collection video as an ad, it just pushes people away.

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