30/12/2022 Donald Trump’s NFT’s floor price drops 80% in 10 days

The floor price for the former president's NFT collection is around 0.16 ETH.

Donald Trump’s NFT’s floor price drops 80% in 10 days
Cover art/illustration via CryptoSlate

Former U.S. President Donal Trump’s NFT collection,Trump Digital Trading Cards,lost80% of its value as the floor fell to 0.16 Ethereum (ETH) from 0.84 ETH ten days ago.

Trump Digital Trading Cards Floor PriceTrump Digital Trading Cards Floor Price (viaOpenSea)

According to OpenSea data, 45,000 NFTs are currently owned by a total of 15,115 owners, which equates to a 34% unique owner rate.

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The NFT line

Trumplaunchedhis collection on Dec. 15 with 45,000 NFTs available for minting during the Sweepstakes Entry Period. Each NFT costs $99 during the entry period, which equates to 0.083 ETH based on the ETH prices at the time of writing.

The owner of the NFT line is NFT International LLC, which clearlystatedthat it is not “owned, managed or controlled” by former President Donald Trump. Selling each NFT for $99, the company was able to make $4.45 million upon launch. NFT International LLC is also taking a 10% cut on each trade, which equates to over $1 million in revenue, considering that the project’s current volume is 7,683 ETH at the time of writing

A few days after its launch, the NFT line received heavy criticism concerning internal minting, licensing errors, and alleged design plagiarism, corresponding to the time frame when the floor price started falling. The project minted 1000 NFTs internally, which included 68 rare NFTs in the collection, and the NFTs that include 47 of 179 1/1’s and 21 of 70 are autographed NFTs.

Arts

https://cryptoslate.com/donald-trumps-nfts-floor-price-drops-80-in-10-days/

Interesting NFTs
#65952
By OthersideDeployer
Bored Ape Yacht Club #1734
The Bored Ape Yacht Club is a collection of 10,000 unique Bored Ape NFTs— unique digital collectibles living on the Ethereum blockchain. Your Bored Ape doubles as your Yacht Club membership card, and grants access to members-only benefits, the first of which is access to THE BATHROOM, a collaborative graffiti board. Future areas and perks can be unlocked by the community through roadmap activation.
taro
conceptual art. drawing and digitally processed
#47
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Fuku-Shiva
The term “Fuku” refers to fortune or good luck. “Shiva” refers to the Hindu deity who represents strongly polar qualities, both severe and delicate. On a beach inspired by adventures on Phi Phi island in Thailand, three youths cavort. Two are representational figures and the third is psychologically rendered. A dynamic relationship ensues between the triad; a reciprocity of active and passive states. The boy on the right engages in maneuvers of evasion, defense, and is dressed in a speedo which reiterates the colors and symbolism of the caution tape on the left and upper right frame of the composition. In concurrent reaction the psychedelic figure shoots out a rocket powered paper airplane. The nude boy seated in the froth and sand approaches in passive repose, and is met with active attention but equal physical reserve by the psychedelic being. Perhaps the most naked figure is also the least representational. Looming large, dynamic, and active, it engages its companions playfully. Various symbols interject into the otherwise naturalistic scene, most notably a beach ball and two contaminated barrels nested in the sand. The upright barrel reads “FukuShima” in Kanji. The barrel laying down reads “Dharma”. To the left the scene is bounded by caution tape, reiterating the danger of the nuclear waste while also hosting alien archetypes, whose presence, as is the nature of these entities, runs up and just behind the consciousness of the psychedelic figure’s eggshell-like skull.