Former U.S. President Donald Trump has revealed plans for the launch of his third non-fungible token (NFT) dubbed the “MugShot,” centered around his ongoing legal case.
As per the announcement made on December 12, the NFT trading cards will be available for purchase using credit cards or Wrapped Ether (wETH). However, until December 31, 2024, the cards will remain non-transferable. Users interested in buying these NFTs, even with cryptocurrency, will need to provide know-your-customer (KYC) information. The collection's website provides context for the release, highlighting the historic arrest of President Trump in Fulton County, Georgia, on Thursday, August 24, 2023. It marks the first-ever photograph of a U.S. President in such a situation, capturing a stern and determined expression on Trump's face, signifying his unwavering stance.
Priced at $99 per card, purchasers of 47 or more digital trading cards are promised "an authentic set of the President's famous photo" alongside an opportunity for a dinner meeting with the President at Mar-a-Lago. This upcoming NFT launch marks Trump’s third foray into the digital collectibles space, following the successful NFT series released by Melania Trump, the former First Lady of the United States and spouse of Donald Trump.
Presently, the 45th U.S. President is seeking re-election in the 2024 U.S. presidential elections, aiming for a non-consecutive term. Throughout this year, Trump has faced accusations of business fraud and attempting to overturn the 2020 U.S. presidential election, resulting in a total of 91 felony charges by state and federal authorities. Notably, while there is no automatic disqualification for suspects or convicted individuals from running for federal office under the U.S. Constitution, the Fourteenth Amendment prohibits convicted insurrectionists from holding public office, necessitating congressional action for enforcement.
