Former President Donald Trump’s recent launch of a non-fungible token (NFT) card collection has generated a significant amount of buzz and sales on secondary NFT marketplaces such as Opensea. The collection, called “Win Trump Prizes,” includes NFTs that act as passes for a one-on-one Zoom meeting with the 45th president and a gala dinner with Trump.
In the 24 hours following the launch of the collection, “Win Trump Prizes” generated 38 ether, or roughly $53,000 in sales on Thursday, January 12th, 2023. This represents a small fraction of the overall non-fungible token sales for the day, accounting for only 0.18% of total NFT sales.
The prizes were minted on the Polygon blockchain, similar to the trading card set, and are now being resold on Opensea, the leading NFT marketplace in terms of sales volume. As of 3:00 p.m. Eastern Time on January 12th, the “Win Trump Prizes” collection on Opensea had seen 38 ether, or roughly $53,000 in sales, during the last 24 hours. The collection currently holds the 48th position in terms of NFT collection sales in the last day.
While the sales of the “Win Trump Prizes” collection may be considered lackluster in comparison to other collections, it has still managed to surpass the Rarepass NFT collection, which generated $52,458 in sales on the same day, and is just below the Rektguy NFT collection’s $54,444 in sales over the last 24 hours.
It should be noted that the “Win Trump Prizes” collection has generated more sales in the last 24 hours than collections such as Cool Cats, Zed Run, Solana Monkey Business, and World of Women on January 12th. Trump’s original trading card NFTs have also seen $20,701 in sales on January 12th, which is 44.90% lower than the day prior.
Overall, the launch of Trump’s NFT prize collection has generated a significant amount of interest and sales on secondary NFT marketplaces, despite representing a small fraction of overall NFT sales. It remains to be seen how the collection will fare in the long term, but it has certainly made an impact in the NFT market in the short term.
