Melania Trump Announces NFT Auction

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Melania Trump NFT Auction

Former First Lady Melania Trump has announced an NFT auction of one-of-a-kind items commemorating the Trump Administration’s first official state visit.

The NFT auction is called ‘The Head of State Collection,’ and it includes three items, including the hat she wore to meet French President Emmanuel Macron. In April 2018, the French president and his wife were the first official visitors to the White House during the Trump administration.

Melania Trump’s NFT auction will now commemorate their visit, with the NFT itself being an exclusive digital artwork with motion. Along with the hat described as a ‘iconic military masterpiece,’ the NFT is auctioning off an original watercolor on paper by Marc-Antoine Coulon.

Melania Trump’s NFT Auction will only accept online bids

Melania Trump’s website has been previewing the Head of State Collection, with the online-only auction set to begin on January 11 and run through January 25. The starting bid is $250,000, with initial and subsequent bids accepted in SOL cryptocurrency.

While there are opportunities to profit from NFT, Melania has stated that a “portion of the proceeds” will be used to provide scholarships for people in the foster care system.

The auction winner will receive a personalized letter from Melania, as well as the hat and the watercolor on paper painting. The Solana blockchain will be used to create the NFT.

Solana Disassociates From Trump’s NFT Project

After Melania Trump first announced her use of the Solana platform, a Solana representative spoke out to distance the blockchain from any political bias. Melania’s decision to work with Solana was described as “completely organic” by the representative, who also confirmed that the former First Lady’s project was not part of any Solana-led initiative.

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Indeed, crypto experts have confirmed that Melania Trump or any other politically-connected entity does not need permission to build on a specific NFT platform. It is a relatively simple process that most people can complete once you know how to make an NFT.

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