Donald Trump, a former US president, sells all of his NFT trading cards

The digital trading cards of former US President Donald Trump dressed as superheroes, astronauts, and Nascar drivers are already sold out, according to the company selling them.

Late Thursday, Mr. Trump advertised the “limited edition cards,” saying they would “make a fantastic Christmas gift.”

The cards cost $99 each and were available in 45,000 units, according to OpenSea, a company that records these offers.

Republicans, among other things, criticized and made fun of the announcement.

Right-wing media commentator Steve Bannon, a former chief strategist for Mr. Trump, stated on his podcast regarding the sale, “I can’t do this anymore.”

“Everyone taking the industry ought to be fired right away,” he said.

After announcing that he would create a “big announcement,” Mr. Trump, who started his third campaign for the White House last month, sparked rumors.

Certain observers anticipated a probable running mate for his presidential campaign.

Rather, the billionaire—who routinely licensed his name even before he was elected president—posted a promotional video for the cards on his social media channel, Truth Social.

The animation saw the former president ripping open his shirt to reveal a superhero suit with the letter T inscribed in front of Trump Tower in New York. His eyes shot out lasers at the same time.

As Mr. Donald Trump later said on Truth Social, the non-fungible tokens (NFTs) are “very much like a baseball card, but hopefully considerably more exciting.”

“One-of-a-kind” assets in the digital world can be bought and sold just like any other item of property, although not having a physical form of their own.

Similar to ownership of documents for tangible or digital assets, they serve the same purpose.

NFTs are marketed as the digital equivalent of collectibles, but detractors have warned that the market, which grows out of the larger cryptocurrency industry, is fraught with dangers. This year, activity in the area has decreased, coupled with a decline in the value of cryptocurrencies.

This year, a report for the US Congress revealed that NFT sales have been the target of various scams and have been used to gather credit card and other financial information.

Move mocked

Mr. Trump regularly sends out fundraising requests, one of which attached to holiday wrapping papers on Friday. He has raised millions since his loss in the 2020 presidential race.

The money would not utilize for his presidential campaign, according to the NFT’s website.

The statement said that none of the following individuals were owners, managers, or controllers of NFT INT LLC, CIC Digital LLC, Donald J. Trump, The Trump Organization, or any of its respective owners or associates.

The Trump family has previously looked into NFT sales. Bloomberg revealed in February that a wallet associated with the image’s creator had bought a piece of art depicting Melania Trump that had sold for about $180,000 at the time.