The former First Lady of the USA offers a hat as an NFT. But hardly anyone seems to want to buy Melania’s fashion.
Update from Wednesday, January 26th, 2022, 10:13 a.m .: It should be more than 250,000 dollars. At least that’s what Melania Trump had imagined as the starting price for a triple hat, watercolor and NFT. The auction started at a quarter of a million. But the crash of a cryptocurrency is now ruining the balance sheet for the former First Lady.
Namely, bids for the bundle were only accepted in SOL, a cryptocurrency on the Solana blockchain. The currency was valued at $170 per token at the start of the auction. But since the start of the auction, SOL has endured what has happened to most cryptocurrencies: a precipitous drop in value. At the end of Melania Trump’s auction, a SOL was worth $95.
There was also an apparently great disinterest in Melania Trump’s hat. According to information from the New York Times, only five bids had been received. The highest was around 1800 tokens and thus a value of around $170,000. Melania Trump had announced that she would donate “a portion of the money” to charity. Donald Trump’s third wife did not say how much.
Melania Trump: About the person
| Surname | Melania Trump |
|---|---|
| job | former Model, former First Lady, businesswoman |
| old | 51 years (April 26, 1970) |
| husband | donald trump |
| place of birth | Novo mesto, Slovenia |
Melania Trump: Donald Trump’s wife in need of money?
First report from Wednesday, January 5th, 2022, 5 p.m.: Palm Beach – The former First Lady of the USA, Melania Trump, discovered the business model of crypto trading for herself in December 2021: The sale of so-called Non-Fungible Tokens (NFTs) is promising the earlier model arguably a significant profit.
NFTs are non-replaceable digitally protected objects based on blockchain technology. Last month, Melania Trump sold French artist Marc-Antoine Coulon’s digital work. It was a “stunning” watercolor that “Mrs. Embodying Trump’s cobalt blue eyes and offering the collector an amulet of inspiration”.
Crypto Trading: Melania Trump Sells New NFT
The NFT that is now being offered for sale includes a physical object: a wide-brimmed white hat by the American-French designer Hervé Pierre, “worn and signed by Melania Trump.” Commissioned and worn by French President Emmanuel Macron.
A statement from the 51-year-old states that she uses the Solana blockchain protocol for crypto trading. Trump wants to accept payments via credit cards and SOL cryptocurrency. The starting price for the hat and NFT this time is $250,000. The auction runs until January 25th.
Trump’s NFT in Crypto Trading: Donations or Personal Profit?
According to the businesswoman’s website, “a portion of the proceeds from the auction” will be used to provide foster children with access to computer technology and technology education. Reactions to Trump’s offers were divided on the Internet. Some have expressed doubts as to whether any significant sum would actually be donated to the charity from the proceeds, or whether they were simply in need of funds.
The skepticism is not unfounded: Within the Trump family, personal profit was made from fundraising campaigns on several occasions. Donald Trump’s son Eric Trump, for example, had embezzled funds from a foundation for children with cancer and claimed $1.2 million for himself. This is according to a report by Forbes magazine.
Donald Trump’s own charity was also caught failing to forward funds raised to the designated recipients. As a result, the Trump Foundation was ordered to make a $2 million charitable payment by court order and was also shut down. While Melania Trump is trying to get back into the public eye, at least for financial reasons, Donald Trump is withdrawing from it – at least temporarily. Donald Trump canceled a press conference that had been announced at short notice. (n / A)
