Trump's "merchandising" fourth series NFT: Holding Bitcoin, enjoy a big package for $24,750

Author: Weilin, PANews

Less than a month after the Bitcoin sneakers sold out, Trump has begun selling his fourth series of NFTs.

On the evening of August 27 at 10:30 PM, former U.S. President and 2024 Republican presidential candidate Trump announced on his social media platform Truth Social the previously teased fourth series of NFTs: "Trump Digital Trading Cards, Series Four: America First." Those who purchase more than 75 NFTs (valued at $7,425) will have the opportunity to dine with Trump in Florida, as well as receive limited edition sneakers and other benefits.

Although the royalties from the NFTs will not be included in Trump's political fundraising, in July, Trump's donations were far below Harris's, with Harris raising $204 million in July, four times that of Trump. By the end of July, Harris's campaign team had $220 million in cash, while Trump's campaign team had $151 million in cash. Now, Trump urgently needs to generate buzz with the new series of NFTs, especially to attract crypto donors and users; he also reiterated in the promotional video for the new NFTs that he is the "Crypto President."

The new NFTs feature an image of Trump holding Bitcoin, with the highest "package" priced at $24,750

Similar to the previous Trump-themed NFTs, the "Series Four: America First" digital trading cards consist of 50 different digital cards featuring Trump's likeness, including images of him dancing and holding up Bitcoin. These NFTs will be minted on Polygon. According to the official website, the minting quantity could be as high as 360,000.

According to the official website, users can purchase 1 to 4 digital trading cards for $99 each; if they buy 5 digital trading cards, they will also receive a pair of Trump's "Never Compromise" gold low-top sneakers, with the first 1,000 pairs numbered.

The website also offers additional purchasing tiers, such as buying 9, 15, 75, or 250 cards. If you purchase 15 NFTs ($1,485), you will receive a piece of the suit worn by Trump during the debate on June 27, limited to 2024 pieces, some of which are signed, along with a pair of platinum gray high-top sneakers, two pairs of gold low-top sneakers, and other rewards. If you purchase 75 NFTs (valued at $7,425), you can dine with Trump in Florida, along with limited edition sneakers and the aforementioned rewards; if you purchase 250 NFTs (valued at $24,750), you will receive two VIP dinner tickets, the chance to have cocktails with Trump before the dinner, and a pair of sneakers, as well as a limited edition of 25 unique Bitcoin inscription NFTs, which is quite a gimmick.

In the announcement video on Truth Social, Trump said, "Based on popular demand, I am creating a new series of Trump digital trading cards. You all know what they are, and we have a lot of fun with them. You know they call me the cryptocurrency president; I don’t know if that’s true, but a lot of people say so."

Although the previous series of NFTs brought Trump considerable revenue, it was unrelated to his political campaign funds and instead went into his personal accounts. Trump revealed in recently disclosed financial information that his NFT business has generated over $1 million in cryptocurrency income.

The floor prices of the first three series of NFTs have significantly dropped, as Trump urgently needs to generate momentum for the election

As of August 28, the floor price for Trump's first series of digital trading cards was $206.62, down 35.86% in 30 days. The floor price for the second series of digital trading cards was $40.11, down 37.48% in 30 days, while the floor price for the third series, MugShot, was $121.06, down 24.57% in 30 days.

Trump's first series of digital trading cards released in 2022

Despite this, Trump is still pushing for the election, and he has announced several updates related to his campaign. On August 27, Trump stated on the social platform Truth Social that he confirmed he would participate in the presidential debate with Vice President Harris on September 10, which will be hosted by ABC. Trump had previously accused ABC of bias and had threatened to withdraw from the debate entirely.

On August 27, it was reported that Trump plans to appoint small Kennedy and former Democratic House member Tulsi Gabbard as co-chairs of his transition team. Both have publicly expressed support for Trump, and this move is aimed at enhancing his appeal to voters as he competes closely with Vice President Harris. The transition team is responsible for a series of planning for the new government, including reviewing cabinet candidates and political appointments across the federal government, as well as developing policy agendas.

Since current President Biden dropped out of this year's election, Trump's leading momentum in predictions has been overtaken by Harris, and now he urgently needs to generate buzz for himself to attract more fundraising.

On August 25, the campaign team for Democratic candidate Harris stated that since she began her presidential campaign over a month ago, she has raised a total of $540 million, including $82 million during the Democratic National Convention. Harris's campaign manager believes this indicates enthusiasm among Democrats for her candidacy. According to the Financial Times, Harris raised $204 million in July, four times that of Trump. By the end of July, Harris's campaign team had $220 million in cash, while Trump's campaign team had $151 million in cash.

According to public reports, so far, Trump has participated in far fewer campaign rallies than in 2016 and 2020, especially after the shooting incident. Trump's donors and friends have questioned some electoral decisions, fearing that Trump is "aimless," lacking a campaign agenda and strong campaign actions. However, Trump's campaign team stated that they are prepared for the final push in November.