Former US president Donald Trump says he is planning to release a new series of non-fungible tokens (NFTs) following the success of his previous collections.
In an interview with Bloomberg Businessweek, the Republican presidential candidate says he will launch a fourth NFT collection as he sees demand for a new one.
“I did things like NFTs and, you know, stuff. And I noticed that 80% of the money was paid in crypto. 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 whole thing sold out: 45,000 of the cards. And 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 launched his first NFT collection in December 2022 weeks after formally announcing his intention to run for the 2024 presidential election.
He previously said that crypto is “a disaster waiting to happen” but his stance on digital assets has since changed. He explains in his new interview why he now embraces crypto.
“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. China’s very much into it. Also, it’s not going away.
Now, if I throw it aside, it’s going to be picked up in another country, most likely China—they’re pretty advanced in that sphere. So you have to look at it—what I want, again, is what is good for the country.”
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