Trump Unveils $99 NFT Trading Cards Featuring Him in Superhero Suit

Former President Donald Trump has announced the return of his digital trading cards, featuring unique designs of himself in various playful scenarios, including dancing, dressed as a superhero, and holding bitcoin. This announcement was made on Tuesday, as part of what he calls the “America First Collection” of non-fungible tokens (NFTs).

This new series adds to Trump’s previous ventures into the NFT space, which began in December 2022. At that time, he successfully sold 44,000 NFTs within just two days, despite facing significant criticism and mockery.

The new digital cards are priced at $99 each, but buyers who purchase multiple cards might also receive additional perks. These include a chance to attend a gala dinner with Trump, exclusive Trump-branded sneakers, or even a physical trading card that features a piece of fabric from the suit he wore during a debate.

In a video posted on Truth Social, Trump expressed enthusiasm for the new NFT series. He stated, “By popular demand, I’m doing a new series of Trump digital trading cards. You all know what they are; we’ve had a lot of fun with them.” He indicated that the cards could be purchased via credit cards or cryptocurrencies, jokingly referring to himself as the “crypto president.” He encouraged fans to buy their piece of “American history.”

This latest launch occurs amidst a competitive political landscape where Vice President Kamala Harris has recently gained an advantage in national polling averages. Data from FiveThirtyEight indicates that Harris’s campaign raised a striking $204 million in July, significantly outpacing Trump’s campaign, which reported only $48 million in the same timeframe, according to Federal Election Commission filings.

As the political significance of cryptocurrency grows, the NFT market is experiencing a noticeable decline. Reports from OpenSea indicate that NFT sales have plummeted over 90% from their peak in January 2022 to August 2023.

NFTs are created using similar technology that underpins cryptocurrencies. However, the crypto industry has faced turbulent times since the collapse of the FTX exchange in 2022 and subsequent regulatory scrutiny. Nevertheless, the crypto sector has continued to invest heavily in political campaigns across the political spectrum.

Trump has expressed his ambitions to position the United States as the “crypto capital of the planet” and the “Bitcoin superpower of the world.” While some Democrats remain cautious about the implications of cryptocurrency and blockchain technology, Harris and other key Democratic figures have conveyed a willingness to explore avenues for industry growth.

As the digital landscape changes, it will be interesting to observe how Trump’s promotional strategies resonate with his core supporters and whether the NFT venture can regain traction amidst a challenging economic landscape for digital assets.

Ultimately, the intersection of politics and emerging technologies like NFTs and cryptocurrencies continues to evolve, presenting both challenges and opportunities for political figures as they navigate the future of fundraising and voter engagement.