Trump’s Team Reserved Rarest NFTs for Themselves

Trump launches NFTs before minting a thousand of his own NFTs to his vault wallet to keep the rarest ones for himself

While Donald Trump launching an NFT collection showcasing himself is hilarious enough, straight after the launch, the American former president minted a thousand of his own NFTs to his vault wallet. But why?

Quick Take: 

• Donald Trump recently promoted an NFT collection of 45,000 commemorating various scenes of his life.
•  The collection was produced and marketed NFT INT LLC.
• The former president’s team minted a thousand NFTs to their own vault wallet straight after the launch, raising concerns.

Why’s Trump Minting His Own NFTs?

The former president strikes again regardless of the controversy behind Trump’s NFT collection following the launch.

According to a recent Twitter post, just one day after making his NFT collection publicly available on 14 December 2022, research has found that Donald Trump created his own vault wallet via gnosis safe.

1/ Turns out Donald Trump minted a thousand of his own nfts to his vault wallet

Keeping a giant portion of the most rare nfts in his collection for himself

The 2nd minted nft was a rare 1-of-1, the chances … pic.twitter.com/3m0MQGQydp

— OKHotshot (@NFTherder) December 17, 2022

The gnosis safe (which can be found under the wallet address 0xfb65415Ca83B69DA9bC56B4C9C2334fa402baCd7) shows that Donald Trump minted 1k NFTs to his own wallet, raising concerns about reasons for doing so.

Check out the wallet’s history:

Interestingly, anyone who knows the space knows that highly-sought-after NFTs sell for more once selling out at later dates and on secondary marketplaces, like OpenSea. The Trump cards are already selling for around 0.159 ($190), double the entry of $99.

Following this, it comes as little to no surprise that people wonder if he minted such NFTs to make more money later down the line. After his former affairs, it’s likely that this may be the case.

Coincidently (or not), the NFTs he minted for himself are also the rarest ones out of the collection, thus, the most expensive.

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