Donald Trump earned $298,000 from NFTs

Former U.S. president Donald Trump disclosed holdings of between $250,000 and $500,000 in digital assets. Such data are contained in the отчете for the Office of Government Ethics.

The Ethereum wallet mentioned in the document may be linked to NFT-коллекциями — Trump Digital Trading Cards issued on his behalf.

The first series of cards принесла the former U.S. president between $100,001 and $1 million.

NFTs from the second series were sold out within ten minutes, generating revenue of от $500 000 до $1 000 000. The starting price of each asset was $99.

According to the disclosure, Trump earned $298,000 in licensing fees from the initiative. His wallet belongs to CIC Digital — the same company through which he received commissions.

In July 2019, Trump first commented on Bitcoin, saying that the asset’s value is highly volatile and largely unsupported.

Former national security adviser John Bolton wrote in his memoir that Trump had expressed his aversion to cryptocurrency as far back as May 2018.

Later, the former president noted that “looks like a scam” , and called investments in it “an expected disaster” .