Donald Trump Sells NFT, Immediately Sold Out.

Former United States President Donald Trump launched a non-fungible token collection (NFT). The collection was announced not long after Trump teased the big announcement after he returned to run for president for the third time.

In his post on Truth Social, Trump said his collection of "Donald Trump Digital Trading Cards" could be collected like baseball cards and stored digitally. Interestingly, Trump never called this collection an NFT, but a digital trading card.

The collection consists of 45,000 NFTs on the Polygon blockchain priced at USD 99 each. Just 12 hours after launch, the collection of NFTs sold out immediately according to OpenSea data.

At a price of USD 99, this means that Trump gains around USD 4.45 million from the sale of this NFT. If the NFT is resold by the owner on a platform like OpenSea, the NFT creator is also entitled to a 10% commission.