Donald Trump’s new NFT collection lets you Zoom call him as a prize

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By Anushree Dave

Sales of Trump’s original NFT collection were down, but the team just released sweepstakes prizes from the same OpenSea account that gave away the first set of digital collectibles in December.

In December, Donald Trump’s nonfungible token collection sold out in less than 24 hours on OpenSea, a popular NFT marketplace. On Thursday morning, the same OpenSea account that sold the original set of Trump Digital Trading Card NFTs launched a sweepstakes prize called “Win Trump Prizes.”

Prizes include tickets to a group Zoom call with the former US president. The cheapest NFT ticket for a Zoom call costs 0.03 ETH, or $31, and the most expensive NFT ticket for a Zoom call costs 15 ETH, or about $1,400. The promotion said they “can be redeemed for one (1) ticket to a 2,000-person 20-minute Zoom call with President Trump on a date and time to be determined by the Company. Participants will have the opportunity to submit a questions prior to the Zoom call, but there is no guarantee that the question(s) will be asked or answered.”

“If you win a sweepstakes prize, you will receive another NFT representing that prize. Within an hour or two of claiming your winning prize, the new NFT will be minted and airdropped to same wallet,” a spokesperson from the CollectTrumpCards team confirmed in an email to MarketWatch.

“You can view your prize now on a secondary marketplace such as OpenSea, or wait to claim your prize through our new portal in the coming weeks.”

When the original Trump NFT collection launched in December and sold for $99 each, users were told they would be entered into a sweepstakes to win prizes, and that anyone who bought 45 NFTs out of the 45,000 on offer could win the gala dinner with Trump

Now, some who have won prizes are trying to flip them to OpenSea for high prices. Although, a one-on-one 20-minute meeting with Trump at Mar-a-Lago is still up for grabs for 200 ETH, or about $285,000, at last check.

The new collection of “Win Trump Prizes” had 668 holders as of Thursday, and a total trading volume of 38 ETH, or about $54,000, according to OpenSea.

The initial popularity of the original collection saw a sharp decline, with a 99% drop in trading volume according to CryptoSlam data. Sales reached $3,093,385 on December 19 and fell to $21,160 on January 12.

Trump won the White House in 2016, but lost to President Joe Biden in 2020. Trump said in November that he plans to seek the presidency in 2024, marking his third run for the Oval Office.

ETH (ETHE) prices have fallen 57.74% over the past 12 months, according to CoinDesk data.

-Anushree Dave

(END) Dow Jones Newswires

01-13-23 1514ET

Copyright (c) 2023 Dow Jones & Company, Inc.

Sources

1/ https://Google.com/

2/ https://www.morningstar.com/news/marketwatch/20230113571/donald-trumps-new-nft-collection-lets-you-zoom-call-him-as-a-prize

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