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Home»NFT»Trump NFT firm has just $1,000 in the bank but up to half a million in ETH
NFT

Trump NFT firm has just $1,000 in the bank but up to half a million in ETH

2023-07-14No Comments2 Mins Read
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CIC Digital LLP, the company owned by Donald Trump that licenses the likeness of the multi-billionaire former president for use on NFTs has revealed that it has less than $1,000 in its US bank account.

The firm does, however, hold an Ethereum wallet with an estimated stash somewhere between $250,000 and $500,000.

Trump revealed CIC’s financial details – along with around 100 other income sources worth a combined $1.2 billion – in a filing submitted on Thursday.

These additional sources include $12.6 million for speaking engagements, over $1 million in advertising from conservative streaming site Rumble, and $284.5 million in income earned from Trump Old Post Office LLC, which owned his hotel in Washington.

It’s important to note that this is a revised filing submitted by Trump to elaborate on the rather broad figures he’d previously disclosed. Indeed, in the original filing, Trump had simply claimed he earned more than $5 million in “hotel revenue.”

It sure looks like Melania Trump wash traded her ‘white hat’ NFT for $170K

Read more: Gab’s QAnon groups are ironically overrun with Trumpcoins

Trump NFTs imagine him as Elvis Presley

Launched late last year, Trump’s first NFT collection comprised a series of 45,000 trading card-style illustrations of the former commander-in-chief in a series of outfits and heroic poses.

The latest series includes an astronaut, a soldier, George Washington, Elvis Presley, and a guitar-toting motorcycle rider. The original run of cards, which were priced at $99 each sold out within 24 hours.

Those ‘lucky’ enough to snag themselves some cards also went into a competition that gave them the chance to bag a dinner at Mar-a-Lago with Trump, a round of golf with the former president, or even a Zoom call.
As reported by Benzinga, OpenSea data shows that sales of Trump-themed digital assets have seen a 17% jump while their floor price has risen 2% to 4.18 ETH.

See also  Magic Eden Announces BRC-20 Integration

bank ETH Firm Million NFT Trump
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bitcoin
Bitcoin (BTC) $ 107,823.89
ethereum
Ethereum (ETH) $ 2,752.56
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.24
bnb
BNB (BNB) $ 667.13
solana
Solana (SOL) $ 159.24
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.18951
tron
TRON (TRX) $ 0.275591
staked-ether
Lido Staked Ether (STETH) $ 2,750.62