Donald Trump’s NFTs blamed for insider mining, design plagiarism

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The Donald Trump-branded NFT trading card project is under fire after it was revealed that the project produced 1000 NFTs in 68 which are considered the rarest in the collection.

Rare NFTs include 47 of 179 1/1 ‘s and 21 of 70 autographed NFTs.

Super Rare NFTs are minted internally

On-chain analyst, OKHotshot (@NFTherder) reported on December 17 that 1000 Donald Trump NFT trading cards were minted and then sent to a Gnosis vault wallet (Gnosis safe) created on December 14 the day before the launch of the project.

2/ The vault wallet, a gnosis safe, was created on 2022-12-14. A day before the launch of DT nft

On launch day, a DT funding wallet sent a matic to a DT admin wallet. Which then made 1k nfts in gnosis safe: 0xfb65415Ca83B69DA9bC56B4C9C2334fa402baCd7 pic.twitter.com/QLvIcA5p6X

— OKHotshot (@NFTherder) December 17, 2022

OKHotshot claimed that a total of 26% of 1/1 NFTs and 28% of autographed NFTs were minted and sent to safe Gnosis. These extremely rare NFT features are found on only 0.40% and 0.16% of all cards respectively. Gnosis’ secure properties can be checked on Opensea.

The internally minted 1000 NFTs can be considered in the FAQs of the official website, which states:

“Only 45,000 Trump Digital Trading Cards will be produced in this initial series. 44,000 of these are available for sale”

However, it was not explicitly stated that more than 25% of the same rarest nature of NFTs will be placed inside and sent to the apparently safe property of the Gnosis team.

Further outline how they made the first thousand Donald Trump nfts in safe gnosis. * buyers have a strict limit of 100 max nft per buyer/household. pic.twitter.com/akwFJMxWyG

— OKhotshot (@NFTherder) December 19, 2022

Donald Trump does not own the project

The Donald Trump NFT project is not owned by Donald Trump but rather by NFT International LLC., as stated in the official website’s footnotes:

“NFT INT LLC is not owned, operated or controlled by Donald J. Trump, The Trump Organization, CIC Digital LLC or any of their respective principals or affiliates. NFT INT LLC uses the name, likeness and likeness of Donald J. Trump under a paid license from CIC Digital LLC, which license may be terminated or revoked in accordance with its terms.”

However, ownership of the project was obfuscated with the official website’s statement on the landing page stating:

“For the first time ever, collect your own rare digital collectible President Trump Trading Card.”

Furthermore, Trump’s post on Truth Social on Dec. 15 before the launch added even more ambiguity to the matter:

Copywriting design issues

Claims that the Donald Trump NFT trading card designs were taken from Shutterstock and other images are making the rounds on Twitter.

Matthew Sheffield, National Correspondent at The Young Turks digital media, created a thread on December 16 showing several alleged examples of stock photos used for Donald Trump NFT trading card designs.

Donald Trump’s NFT image of himself as a cowboy appears to have come from an Amazon image that has been slightly altered. https://t.co/B0b2SUSbX9 pic.twitter.com/OA8L2rHw4J

— Matthew Sheffield (@mattsheffield) December 16, 2022

Centralized and stored off-chain

OKhotshot also specified that all metadata and artwork is stored off-chain. This means that anyone with access to that storage and domain has the ability to change properties and artwork without exposing the changes to the blockchain for user verification.

4/ Looking further, we found that all metadata and artwork is stored centrally off-chain. Ppl with domain/storage access can change properties and artwork without it being verified on the blockchain pic.twitter.com/mEQIegMuf1

— OKHotshot (@NFTherder) December 17, 2022

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