Melania Trump Becomes the Latest High-Profile Person to Join the NFT Craze

By Bhushan Akolkar
December 17, 2021 Updated December 17, 2021
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On Thursday, December 16, former U.S. first lady Melania Trump announced her plans to start selling her artworks in the form of non-fungible tokens. In a statement, Trump said:

“I am proud to announce my new NFT endeavor, which embodies my passion for the arts and will support my ongoing commitment to children through my Be Best initiative”.

In a news release on early Thursday morning, Trump claimed that the “Melania Trump NFT” platform shall be deployed on the Solana blockchain network. Besides, it said that it will be using MoonPay to process cryptocurrency and credit card payments. It will also be using the right-wing social network Parler “powering the platform”.

However, MoonPay has denied any collaboration with Melania Trump. Speaking to Forbes, MoonPay spokesperson said that they have never been contacted by the Trump representatives. The spokesperson further added that MoonPay “has no official role in the effort”.

Details of Melania Trump’s NFT

As per the report, Melania Trump’s first NFT “Melania’s Vision” is available for sale on her website up to December 31. The NFT features a watercolor painting of her “cobalt blue eyes” in addition to a 10-second audio message from the former First Lady.

This NFT is currently selling for one Solana (SOL) which is just equal to $180 as per today’s price. Solana has been one of the top choices for DeFi players recently. The Solana blockchain has emerged as a strong competitor to Ethereum due to its high transaction throughput and low gas fee. Thus, many players launching DeFi and NFTs have been recently choosing Solana over Ethereum.

Melania Trump also stated that she plans to launch a “one-of-a-kind auction of historical importance” in January 2022. She further added that she will sell “digital artwork, physical artwork and a physical one-of-a-kind accessory”.

Melania Trump is not the first celebrity to dive into the NFT space. Some popular personalities from different professional spheres like Paris Hilton, Grimes, John Cena, etc and others have already launched their NFTs in the market.

Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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