According to data from NFT marketplace OpenSea, the same wallet that sold the original NFTs is minting tokens that serve as access passes to the sweepstakes prizes touted during the launch of the Trump Digital Trading Card collection in December.
The tokens feature images of Trump holding a sign resembling a ticket, listing the prizes promoted during the original mint. These include a group Zoom call, a gala dinner and a hardcover copy of his book “Our Journey Together.”
The collection now has a trading volume of 35 ETH, or about $48,500, and a floor price of 0.021 ETH, or nearly $30.
Where the tokens in the original mint cost $99 to mint and enter the sweepstakes, the new token prices range depending on the rarity of the experience. While the group Zoom call costs 0.03 ETH, or $40 to access, a one-on-one meeting with the 45th president is listed at 200 ETH, or about $278,000. According to the official sweepstakes rules, the average retail value of the one-on-one meeting with Trump at Mar-a-Lago is “$0/Priceless.”
The original collection has seen a dramatic drop in trading volume since it launched, with a current floor price of 0.17 ETH (about $235) and an almost 99% drop in trading volume since its peak, according to data from CryptoSlam.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.