Former US President Donald Trump Announces Fourth NFT Collection
In a recent interview with Bloomberg, former US President Donald Trump revealed his plans to launch his fourth series of non-fungible tokens (NFTs). This move signifies Trump’s increasing involvement in the Web 3.0 space and marks a significant shift in his stance on digital currencies. Trump expressed surprise at the success of his previous NFT project and the enthusiastic response it received.
Trump’s NFT Success and Plans for the Future
Back in December 2022, Trump entered the NFT space by launching the "Trump Digital Trading Card" series. The initial collection sold out quickly, generating approximately 648 Ethereum (ETH) or around $785,000 at the time. Following this success, Trump has been considering the launch of a new NFT series, which has garnered attention from both the crypto community and industry experts.
Diverse Supporters Backing Trump’s Crypto Campaign
The financial support for Trump’s NFT projects and cryptocurrency initiatives has been substantial. Recent reports from The Wall Street Journal revealed that the Trump campaign received $3 million in cryptocurrency donations during the second quarter, contributing to a total of $331 million raised through various fundraising activities. Key figures in the digital asset industry, including Gemini co-founders Cameron and Tyler Winklevoss, as well as Kraken exchange co-founder Jesse Powell, have made significant contributions to Trump’s campaign.
Trump’s Changing Stance on Cryptocurrencies
Trump’s current stance on cryptocurrencies represents a stark departure from his previous criticism of digital currencies during his presidential term. While once dismissing Bitcoin and other cryptocurrencies as "not currencies" and "scams," Trump now expresses support for the idea of all Bitcoin being produced in the United States. Despite some skepticism within the industry regarding the sincerity of his newfound support, Trump’s actions indicate a significant shift towards embracing digital assets and blockchain technology.
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