Trump’s earnings come through a licensing agreement between his firm CIC Digital LLC and collection creator NFT INT LLC.
A filing from the US Office of Government Ethics shows that former president Donald Trump made between $100,001 and $1 million from the sale of Trump-branded non-fungible tokens ( NFTs ) .
45,000 digital collections featuring President Trump’s portraits were released in December and sold out within a day . The collection has skyrocketed in price over the past few weeks on the news of the former president being impeached in New York .
According to on-chain data from NFT data aggregator CryptoSlam , the project has generated over $19 million in revenue since its inception. However, over the past week, the number of active wallets holding Trump NFT has dropped 13% to 208.
Data from OpenSea shows that 65% of people hold only one NFT, while 23% hold between two and three NFTs. Some wallets hold more than 100 NFTs.
Additionally, 1,000 NFTs are not made available to the public and are being held in the Gnosis Secure Wallet , a multi-signature smart contract wallet that requires multiple users to approve.
Although the official website states that none of the proceeds from the collection went directly to Trump’s re-election campaign, records indicate that Trump was still able to personally pocket a portion of the proceeds. import.