The most amazing thing about this case is that some people are actually surprised by it. With the participation of former US President Donald Trump. And as a murder weapon, a collection of NFTs portraying him in various improbable outfits, from cowboy to superhero. In other words, nothing was missing to attract all the amateurs of empty speculation, whose seriousness in the cryptocurrency sector is hardly a priority.
But what a surprise, just over 48 hours after its launch, suspicions of a scam are already staining this successful sale. It's about whether Donald Trump was actually part of the equation, if not as a magnet for ……………….. (everyone will complete according to their beliefs). But also a possible voluntary conservation of some rare copies or some "prizes" that are advertised just to attract customers.
Donald Trump – His NFT collection accused of fraud
Welcome to the brown side of the force. With a near-perfect example of what not to do, the collection of NFTs launched by Donald Trump at the end of last week. A tasteless joke for this historical enemy of the cryptocurrency sector. Because according to some revelations, the procedures put in place for the distribution of the rarest copies would have been anything but transparent. As in the case of the gala dinner promised to one of its owners. But actually, kept by the former president to make sure you don't have to honor it.
" Donald Trump was found to have minted a thousand NFTs in his wallet. In addition, he kept a large portion of the rarest NFTs in his collection to himself. The second NFT minted was a unique specimen, how lucky…"
OKHotshot
Indeed, it appears that the first 1000 NFTs in this collection were created by its admin portfolio. This is probably to take advantage of the possible increase in the minimum price on the secondary market. Because these images sold for $99 are currently priced at 0,30 ETH on the Opensea platform, or just over $350 per unit. And owning such a large share of these products can be a great way to control their price.
The question is whether former President Donald Trump is actually part of this project. In any case, as well as how a sort of franchise made available to this unlikely collection, for a fee. Because according to the Twitter account lawnmower man.eth all this could be nothing more than a marketing operation carried out by the "NFT INT LLC" structure. The latter explains at the bottom of the site that "uses the name, likeness and image of Donald J. Trump under a paid license from CIC Digital LLC".
We will see if the price of these NFTs falls below the minimum level, the former US president will be sued by dissatisfied investors. It is a dubious influence in this matter. Because this is the kind of “project” that everything looks like…
