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

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

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.

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Bhushan Akolkar

Bhushan is a seasoned crypto writer with over eight years of experience spanning more than 10,000 contributions across multiple platforms like CoinGape, CoinSpeaker, Bitcoinist, Crypto News Flash, and others. Being a Fintech enthusiast, he loves reporting across Crypto, Blockchain, DeFi, Global Macros with a keen understanding in financial markets. 

He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills. Bhushan has a bachelors degree in electronics engineering, however, his interest in finance and economics drives him to crypto and blockchain.

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