Donald Trump Teases Fourth NFT Collection Release, Says People Want Another One

CryptoNews.com

2024-07-16 23:32:16

Sujha Sundararajan

Last updated:

July 17, 2024, 03:32 EDT | 1 min read

The presumptive GOP nominee Donald Trump is planning to launch fourth round of non-fungible token (NFT) collections, after “very successful” previous ones.

In an interview with Bloomberg on Tuesday, Trump said that cryptos contribute 80% of money paid to his previous NFTs. Almost all of the NFTs were paid in crypto and “it opened my eyes,” he added.

“It was incredible. So, NFTs are, you know, I did the – very successful. We had one year to sell it out and it sold out in one day,” the former US President said.

Further, he stressed that he would launch another set of NFTs soon, following demand from people.

“I did it three times [and] I’m going to do another one, because the people want me to do another one. It’s unbelievable spirit. Beautiful.”

Trump previously teased the fourth NFT launch during the dinner gala for his mugshot NFT holders at Mar-a-Lago in May. However, he did not mention the timeline at the time, though he added, “I believe in supply and demand.”

His comment on launching another set of NFTs arrives a day after he chose pro-Bitcoin senator J.D. Vance (R-Ohio) as his choice for running mate.

US Should Take the Lead in Global Crypto and NFT Race: Trump

Trump also emphasized that the US should take the lead in cryptocurrencies, before any other jurisdiction jumps in, particularly, China.

“If we don’t do it, China is going to pick it up and China’s going to have it—or somebody else, but most likely China,” he noted. “They’re pretty advanced in that sphere.”

He further said that the country has a “good foundation” for cryptos. Though cryptos and NFTs are at its infancy, Trump said he doesn’t want to be responsible for allowing another country to take over this sphere. Additionally, he has gotten to know “top-flight” industry people.

Trump, who previously held negative views towards the asset class, started to endorse the industry in recent months. He received donations in cryptos, amounting to $3 million in the last quarter.

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