Trump has accepted Bitcoin donations, made headlines, and unexpectedly released a fourth set of NFT cards. What's next?
Trump’s new NFT collection sees mixed success, raising $2M in a day but facing regulatory challenges with the SEC.Some collectors might even receive a physical card, containing a piece of the suit he wore during his presidential debate against Joe Biden, while others may gain an invitation to a Gala Dinner.
This latest series, showcasing the former president in a range of fantastical poses, has outperformed CryptoPunks in sales volume over the same timeframe.However, only 5.7% of the 360,000 cards have been sold, a modest start compared to previous releases.If all cards are eventually sold, the project could amass $35.6 million, though it has yet to approach this figure.
This notice indicates that the SEC is preparing to take legal action, alleging that NFTs on OpenSea’s platform are being classified as securities.
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