NFTs
Donald Trump set to dine with NFT buyers at Mar-a-Lago: report
Last updated: May 8, 2024 1:12 pm EDT | 2 minutes of reading
Republican presidential leader Donald Trump is scheduled to dine with buyers of his Trump “Mugshot Edition” NFTs on Wednesday at his Mar-a-Lago estate, in a break from his highly publicized hush money trial over claims made by adult film star Stormy Daniels. According to a copy of a dinner invitation reviewed by Axiosthe presumptive Republican nominee will receive supporters who have purchased a minimum of 47 Trump NFTs (each worth $99).
Trump NFT buyers will have dinner with the former president on Wednesday
Trump, who reportedly made more than $1 million selling his private label NFTs in 2022 alone, originally launched the “Mugshot Edit” from his digital souvenirs last December in an attempt to capitalize on his August 2023 arrest for trying to overturn the 2020 election results in Georgia.
The former US president had previously touted the dinner as a “once-in-a-lifetime experience,” with those who purchase more than 100 NFTs eligible for “exclusive treasures” given away during his gala dinner at Mar-a-Lago. Last month, the team behind Trump Digital Trading Cards announced that a select number of its “Mugshot Edition” NFTs were officially inscribed as Bitcoin ordinals.
TRUMP DIGITAL TRADING CARDS on BITCOIN ORDINALS.
Great news collectors! Today we officially enrolled the FIRST Trump Digital Trading Card Bitcoin Ordinals. You can see them here:https://t.co/8A41LPsabo
– CollectTrumpCards (@CollectTrump) April 26, 2024
“We announced that certain Mugshot Edition buyers would be eligible for a One-of-One Trump Bitcoin Ordinal as part of their purchase,” read an X statement posted by the NFT project in April. “We are pleased to announce that they are officially signed up to the Bitcoin Blockchain FOREVER!”
Trump is not the only one in his family to enter the NFT market. Former First Lady Melania Trump is currently selling themed necklaces with matching NFTs ahead of Mother’s Day.
Stormy Daniels testifies at Trump’s trial before the election
The Republican leader touted a pro-crypto stance on the campaign trail, promising to block the creation of a central bank digital currency (CBDC) if he is elected US president in November. Meanwhile, Democratic President Joe Biden’s administration has called on greater regulation in the blockchain sector.
Current polls show both candidates are neck and neck in the race for the White House. Digital Currency Group’s recent “Crypto Attitudes in Swing States” report shows that 20% of voters believe encryption is a fundamental issue in the next elections.
Trump has been caught up in a media frenzy in recent weeks as he battles 34 counts of falsifying business charges that allegedly show his approval of sending $130,000 in hush money to Stormy Daniels during his 2016 presidential campaign.
daniels gave testimony on Tuesday detailing the scandal, with Trump’s lawyers ultimately filing for a mistrial, already denied, based on the merit of Daniels’ testimony.
Trump is due back in court on Thursday, where Daniels will continue his cross-examination.
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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