Donald Trump to Host Exclusive Dinner for Mugshot NFT Holders Amid Legal Battles

by BSC News

May 8, 2024


The event will reportedly serve multiple purposes: engaging with his base, fundraising, and merging digital collectibles with political campaigning.

Donald Trump plans to spend part of his day off from his trial in New York hosting a unique dinner event at his Mar-a-Lago resort in Florida as his legal battles unfold.


This exclusive gathering, to be held on a Wednesday night, was designed for supporters who invested heavily in his “Mugshot Edition” NFTs. These digital assets, part of a broader trend of merging NFTs with real-world experiences, depict Trump's 2023 arrest, which stemmed from allegations of attempting to interfere with the 2020 election results.

Entry Threshold for an Exclusive Evening

To secure an invitation to this prestigious event, attendees were required to purchase more than 47 NFTs, each priced at $99. Those who went a step further, acquiring at least 100 NFTs—a nearly $10,000 investment—were granted access to a “VIP” cocktail reception before the dinner. 


The top buyers also received physical cards containing pieces of the suit and tie that Trump wore during his arrest, adding a tangible piece of political history to their digital investment.

Merging Digital Collectibles with Political Campaigning

The timing of the dinner intersects with Trump's ongoing criminal trial in New York, where he faces charges related to falsifying business records in connection with payments made to adult film actress Stormy Daniels. 


Trump has vocally criticized the trial, dismissing it as a "hoax" and expressing his preference for campaigning over court appearances. This event at Mar-a-Lago reportedly served dual purposes: it was both a strategic engagement with his base and a fundraising endeavor, leveraging his political and legal narrative to enhance the value of the NFTs.

About the "Mugshot" NFT Collection

Trump's "Mugshot" NFT collection, released in December last year, includes not just images of Trump's mugshot, but variations featuring him in various personas, including a cowboy. 


The NFTs are part of Trump's ongoing efforts to monetize his image through digital collectibles, having reported earnings of $100,000 to $1 million from such projects in financial disclosures. He was not directly involved in marketing the collection, but a company capitalizing on his political brand did so.


Despite a significant slump during the so-called crypto winter, the NFT market has shown signs of revival, driven in part by innovations like Bitcoin Runes through platforms such as Magic Eden. 


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