NFTs
Donald Trump Dining With NFT Mega Collectors During Intermission of Secret Money Trial in New York
The Manhattan hush money trial of former US President Donald Trump is on recess on Wednesdays, providing the leading Republican candidate in the 2024 US general election a valuable window to campaign. Today (May 8), Trump is using this window to dine with buyers of his NFTs (non-fungible tokens) at his Florida club and residence, Mar-a-Lago.
The dinner, first reported by Axesis an advantage for the main buyers of so-called “MugShot NFT Edition,” a series of “digital trading cards” offered for $99 each, some of which feature images based on the mugshot taken of Trump when he was arrested in Georgia in August 2023 on racketeering charges. (Other NFTs in the series, designed by illustrator Clark Mitchell, feature Trump in place of Abraham Lincoln at the Lincoln Memorial, Trump as a cyborg, and Trump as a steampunk superhero.)
Supporters who purchased at least 47 editions of the NFTs will be invited to tonight’s dinner with Trump in Palm Beach, Florida, and will receive a piece of the suit he was wearing when the photo was taken. Supporters who purchased 100 MugShot NFTs will receive additional perks, including pieces of the suit and tie Trump wore in the photo, seats at a VIP table during the dinner, and a cocktail with Trump before the event.
The company that created MugShot NFTs is not affiliated with the Trump campaign, although the former president has registered a video promoting NFTs and limited edition physical cards with fragments of his suit – “it was a great suit, believe me, a really good suit.” According to Trump’s most recent financial disclosures, he made between $100,000 and $1 million from NFTs in 2022. Trump’s campaign offered many physical products on his own by monetizing the famous photograph.
After Wednesday night’s dinner for Trump’s NFT mega-collectors, the former president will be back in court in Manhattan on Thursday morning, when his lawyers will resume cross-examination of adult film star Stormy Daniels, the main silent witness -money case brought against Trump by Manhattan District Attorney Alvin Bragg Jr. The case revolves around the repayment of secret payments to Daniels made by Trump’s former lawyer and fixer, Michael Cohen, to prevent her from tell the story of his alleged sexual encounter with Trump in 2006 (which he denies ever happened).
Melania Trump, the former president’s wife, has been much more active than her husband in the NFT space, releasing several series of digital collectibles in recent years celebrating everything from the Apollo 11 moon landing in 1969, USA monuments like Mount Rushmore and the Statue of Liberty to “important moments”in US history, your own eyes It is Christmas.
NFTs
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Yes S1vZi1pdHMtbmZ0cy1ibG9vbWJlcm resume LWJsb29tYmVyZy9hbXAv?hl=en-US&gl=US&ceid=US%3Aen
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NFTs
PayPal ends NFT purchase protections
PayPal has announced a policy update that will remove non-fungible tokens (NFTs) from its Purchase Protection and Seller Protection Programs starting May 20, 2024.
The change, which was first noticed on the company’s website, website on March 21, will affect all NFT transactions, leaving participants without safeguards against fraud and chargebacks.
PayPal has previously explored direct sales and hosting of NFTs on its platform, even filing an NFT-related patent in 2022.
PayPal’s updated protection policies are the latest development in the company’s involvement in the digital asset market.
Despite the crisis, PayPal has not completely withdrawn from the cryptocurrency sector; in 2023, it launched PYUSD, a stablecoin pegged to the US dollar.
The payment company’s stablecoin peaked in late February with over $300 million in market cap, but has since fallen back to $200 million.
NFTs
South Korean Regulator Excludes Certain NFTs from Crypto Regulations – Regulation Bitcoin News
https://news.google.com/./articles/CBMiXmh0dHBzOi8vbmV3cy5iaXRjb2luLmNvbS9zb3V0aC1rb3JlYW4tcmVndWxhdG9yLWV4Y2x1ZGVzLWNlcnRhaW4tbmZ0cy1mcm9tLWNyeXB0by1yZWd1bGF 0a W9ucy_SAQA?hl=en-US&gl=US&ceid=US%3Aen
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NFTs
Non-Fungible Items; Picking Up Where NFTs Left Off — COZ Co-Founder Tyler Adams – Op-Ed Bitcoin News
https://news.google.com/./articles/CBMiZmh0dHBzOi8vbmV3cy5iaXRjb2luLmNvbS9ub24tZnVuZ2libGUtaXRlbXMtcGlja2luZy11cC13aGVyZS1uZnRzLWxlZnQtb2ZmLWNvei1jby1mb3VuZGVy LXR5b GVyLWFkYW1zL9IBAA?hl=en-US&gl=US&ceid=US%3Aen
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