First, let's visit the site: https://collecttrumpcards.com/
In general, this appears to be a fun way for Trump to fund raise while offering supporters a chance to meet with him.
Just like Andrew Jackson, Trump is bypassing media and going directly to the people. But through Willy Wonka golden tickets.
Let's look at the sweepstakes offerings:
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Miami dinner with Donald Trump: "Spend a memorable evening in Miami for an exclusive dinner hosted by Trump."
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Mar-A-Lago group cocktail hour: "Experience a meet & greet with Trump in his luxurious private Palm Beach resort."
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One-on-one meeting with #45: "Enjoy an unforgettable private meeting with Donald Trump at Mar-A-Lago."
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Play golf with Trump & your friends: "Join Donald on the green for an exclusive 1-hour of golf with your 2 closest friends."
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Individual Zoom call with Donald: "Speak directly with Donald Trump on a private Zoom call to ask the questions you’ve always wanted to ask."
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Group zoom session with #45: "Meet Trump via Zoom alongside fellow Digital Trading Card holders."
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Hand signed memorabilia: "Receive a limited edition, signed photograph of Donald J. Trump as a prized collectible."
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Golden edition signed E-trading cards: "Win one of 25 incredibly rare gold Digital Trading Card (NFT), digitally signed by Donald J. Trump."
You can also enter the sweepstakes without making a purchase.
But here's the one that really catches the eye:
BUY 45 Digital Trading CardS And YOU are GUARANTEED a TICKET to A dinner with the President
That also gets you 45 entries into the sweepstakes.
So which one of you VIP-Anons will be the first to ask Trump a Q+ question over cocktails at Mar-a-Lago?
if only his love for NFTs would help out the companies i've invested in that also like NFTs?
He's bringing up the topic for a reason. The game will stop on wall street. Poetic justice.
OK, I'm kinda dumb, but what are NFT's??
non fungible token. basically its like a digital thing you can own. block chain backed so it cant be counterfeited.
Thank you! Was totally lost
If you cant physically hold it in your hand, you dont own it. NFTs are a scam.. money laundering..
I get the gist of your statement, but anything can be used for money laundering ... NFTs are just "easier" to use to launder money right now since they're new and the market is erratic be it manipulated or "real" (probably a mix of both over time with reality setting in recently).
You can make an NFT for anything digital (technically anything, but in this context, I'm only talking about ones associated with digital assets). The concept isn't restricted to verifying ownership of a 2D image for virtual cards (like what Trump did the other day). I'm sure we will see 3D ones very soon. I'm also quite sure the gaming industry wants microtransactions to be rebooted under a new name ... NFTs ... since all of the fuckers on the left stand to make some serious fucking cash off them.
One thing "famous" people can do is create an NFT for 3D models of themselves. They could be of various quality / rarity (i.e. a lower res one could be licensed for use in games; uber-hi res versions could be used in movies, etc). So long as a game supports whatever 3D model format is used for this (and the game qualifies the NFT as legal to use in the game), anyone can make models for any game ... you are not restricted to what a company offers. The NFT makes sure the developer of the ASSET gets whatever is owed to them for the transaction.
Sportsball idgits are leaving a fucking ton of cash on the table not adopting these things for their digital likeness (they must obey their union though). I don't even want to think what some kind of unique customization for an NFL superstar for an online game like Madden would sell for. I'm sure there would eventually be hacks and other crap that would allow anyone to use any 3D model they want in older versions of a game, but shit like this would sell like gangbusters season after season on consoles.
They're also a way for game developers to allow indie artists to develop characters for use in games ... An NFT officially proves ownership of a digital asset, people could create all sorts of shit for various games and sell the characters as a third party creator. I could see someone literally fucking retiring making ONE hit 3D model for a game like Fortnite.
I'm pretty sure this is what Gamestop is up to ... I am not 100% sure, but pretty sure :-) ... Since gamestop is a brick and mortar store, I could see them having the equipment for someone to take a high-end, 3D scan of themselves and make an NFT, and be able to use themselves in games :-).
This kind of technology can also help secure IP ... the Chinese steal more IP from companies than anyone would care to admit. NFTs can secure design files for advanced products and stuff the Chinese can use to undermine us.
Right now, I agree that you don't physically own anything. You might physically own some fancy looking "collectible" card with a QR Code on it as something "tangible"). I wouldn't waste one red cent on that kind of garbage myself though, but the companies/people selling these things aren't doing anything illegal by selling some kind of NFT ... the buyers are the idiots in this case (assuming they're not laundering money).
Not true. Many people own bitcoin.
Do you own your thoughts? Your soul?
You can own bitcoin (or an NFT) in your head by memorizing a string of characters.
Gamestop and AMC have both been pushing NFTs. They're in their infancy but the idea is a better way to buy/sell digitial things. For example, an in game purchase could be owned and potentially resold or a song could be purchased and resold. Trump cards aren't the best use case but the fact that they're already sold out and going to hit the resale market should give you an idea how this will work
Good explanation thanks!!