By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
  • Home
    • About us
    • About Hinza Asif
  • News
    • Cryptopedia
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • Altcoin News
    • Latest Metaverse & NFT News
      • Metaverse & NFT Games
      • Virtual Land
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
    • Opinion
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
Search
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit Press Release
  • Submit NFT Project
© 2022 NFTStudio24.com News Network. All Rights Reserved.
Reading: Former President Trump Earned Up to $1 Million from NFT Sales, U.S. Office of Government Ethics Filing Shows
Share
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
Search
  • Home
    • About us
    • About Hinza Asif
  • News
    • Cryptopedia
    • Latest Metaverse & NFT News
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
    • Opinion
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
Have an existing account? Sign In
Follow US
  • About us
  • Advertise with us
  • Submit NFT Project
  • Careers
  • Contact us
  • Privacy Policy
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
  • Global
  • Japan
  • South Asia
  • Partners
  • Community
HOME > News > CRYPTOPEDIA > Former President Trump Earned Up to $1 Million from NFT Sales, U.S. Office of Government Ethics Filing Shows
CRYPTOPEDIALATEST NFT NEWS & METAVERSENews

Former President Trump Earned Up to $1 Million from NFT Sales, U.S. Office of Government Ethics Filing Shows

NFT Studio 24
Posted NFT Studio 24 April 17, 2023 116 Views 2 Min Read
Updated 2023/04/17 at 8:22 PM
Former President Trump Earned Up to 1 Million from NFT Sales U.S. Office of Government Ethics Filing Shows
SHARE

Former President Donald Trump reportedly made between $100,001 and $1 million from sales of Trump-branded non-fungible tokens (NFTs).

According to a filing from the U.S. Office of Government Ethics. The 45,000 digital collectibles featuring the likeness of the 45th president were released in December and sold out within a day. With the collection’s value rising in response to news of Trump’s arraignment in New York. The filings reveal that Trump holds executive positions at CIC Digital LLC and CIC Ventures LLC.

The former allowing NFT INT LLC to use Trump’s image, name and likeness under a paid licensing agreement.

trump NFT
Image source https ://shop.collecttrumpcards.com/

It remains unclear how Trump was able to earn such a significant sum from the NFT collection. As the official website states that none of the money earned goes directly to his reelection campaign. Nonetheless, OpenSea shows that there is a 10% creator royalty fee on secondary sales of the NFTs, with the highest offer currently being 10 ETH, or roughly $20,000. Most offers are reportedly in the range of 0.3 ETH (around $630).

Despite the NFT collection’s initial success, the number of active wallets holding Trump NFTs has declined by 13% to 208 in the past week, while data from OpenSea indicates that 65% of collectors hold only one NFT. Additionally, 1,000 NFTs were not made publicly available and are being held in a multi-signature smart contract wallet.

The project has also faced scrutiny, with allegations of stolen art and links to shell companies and global scandals. Nonetheless, the filings demonstrate the potential of NFTs to generate significant revenue for individuals and businesses, and underscore the need for greater transparency and accountability in the space.

TAGGED: Donald Trump, President Trump

Sign Up For Daily NFT Drops

Don't miss the next NFT drops!!!
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Generative AI Could Revolutionize Drug Discovery and Deliver Life Changing Treatments Generative AI Could Revolutionize Drug Discovery and Deliver Life-Changing Treatments
Next Article Blockchain Association Seeks Clarity on Banking Closures through FOIA Requests Blockchain Association Seeks Clarity on Banking Closures through FOIA Requests
Leave a comment

Leave a Reply

You must be logged in to post a comment.

Don’t miss the NFT Drops! Sign up Now

I have read and agree to the terms & conditions

Latest News

Solanas Crypto An Exclusive Interview with Raj Gokal
Solana’s Crypto: An Exclusive Interview with Raj Gokal
News May 30, 2023
Elliptic drives crypto adoption with advanced analytics.
Institutions Demand Advanced Blockchain Analytics to Drive Crypto Adoption: Elliptic
News May 29, 2023
Metacrun.ch and Byte City Uniting the Metaverse for Unforgettable Experience
Metacrun.ch and Byte City: Uniting the Metaverse for Unforgettable Experience
News May 29, 2023
Join us
Ad imageAd image

You Might also Like

Solanas Crypto An Exclusive Interview with Raj Gokal
News

Solana’s Crypto: An Exclusive Interview with Raj Gokal

May 30, 2023
Elliptic drives crypto adoption with advanced analytics.
News

Institutions Demand Advanced Blockchain Analytics to Drive Crypto Adoption: Elliptic

May 29, 2023
Metacrun.ch and Byte City Uniting the Metaverse for Unforgettable Experience
News

Metacrun.ch and Byte City: Uniting the Metaverse for Unforgettable Experience

May 29, 2023
Big Eyes Presale Concludes Hollywood X Pepe Poised for Significant Growth
News

Big Eyes Presale Concludes, Hollywood X Pepe Poised for Significant Growth

May 27, 2023
//

NFTStudio24 delivers the latest NFT news to its global audience. We are committed to reporting mainstream and emerging talent via exclusive press releases, podcast interviews, NFT rankings, and much more.

GET IN TOUCH

  • About us
  • Advertise with us
  • Submit NFT Project
  • Careers
  • Contact us
  • Privacy Policy

Experts Alliance

  • Experts Alliance
  • About Alliance
  • Alliance Benefits
  • Membership requirements
  • Apply Alliance
//

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
Follow US

© 2022 NFTStudio24.com News Network. All Rights Reserved.

Removed from reading list

Undo
Join us metaverse Join us metaverse
Welcome Back!

Sign in to your account

Register Lost your password?