Throughout Donald Trump’s career in business and politics he has established himself as a deceitful, exploitative con man whose only interest is enriching and empowering himself. It’s why he has so often stiffed his vendors and partners, shuttered fraudulent operations (i.e. his university, charitable foundation, casinos, etc.), and declared half a dozen bankruptcies that left his creditors in the lurch while he pocketed the spoils.
Click here to Tweet this article
Trump’s latest swindle is the release of the “Mugshot Edition” of his allegedly collectable NFT cards. These are digital images that cost next to nothing to make, and that he has licensed for sale by a third party vendor at $99.00 a piece. He announced this boondoggle on another one his scams, Truth Social, that is losing millions of dollars and has warned investors that it could soon go belly up.
SEE THIS: Trump’s Truth Social Reports Massive Losses and Warns that it Could Go Out of Business
Never mind that Trump’s previous edition of NFTs was a scam that lured suckers into paying inflated prices that quickly declined (from after-market highs) when it turned out that there were no buyers for his worthless digital trash. The new edition is likely to follow the same path. As Newsweek reported, “Donald Trump’s Trading Cards Are Plummeting in Value” …
“On the morning of December 12, OpenSea recorded the cards as having a floor price of 0.209 Ethereum (ETH), which is around $453.97. Later that day, the price had slipped to 0.139, or around $301.92.”
That’s an approximately 36% drop. Trump is once again charging $99.00 for his faked pseudo-photos. And this time he is adding a couple of bonuses to encourage his flock to shell out. In order to qualify for the bonus a buyer would have spring for the full 47 piece collection, for a total price of $4,653.00. For that lofty sum you could “win” either a dinner with Trump at Mar-a-Lago, or a special edition physical card with an actual swatch from the suit he wore when he surrendered to authorities in Georgia for his mugshot.
There are, however, a couple of problems with the contest. For one thing, the winner of the dinner would have to pay all of the transportation and lodging costs. Which likely means that the winner would be paying Trump to stay in his own hotel. As for the suit swatch, there is no way to affirm that it actually came from his suit, as if anyone really cared.
More troubling is the small print in the “terms and conditions” attached to the bonuses. For both prizes the terms state that:
For the mugshot card…
“In the event the Bonus Physical Card cannot be fulfilled due to an issue in the manufacturing, production, or delivery on the Bonus Physical Cards, individuals who qualified for the Bonus Physical Card will be awarded a limited edition Trump NFT in lieu thereof, as determined by us in our sole discretion,” the terms and conditions say.
For the dinner…
“In the event President Trump is unable to attend the Bonus Gala Dinner,” or the dinner cannot happen for any other reason, “then we may reschedule the Bonus Gala Dinner or individuals who qualified for the Bonus Gala Dinner will be awarded a limited edition Trump NFT in lieu thereof, as determined by us in our sole discretion,” according to the terms.
In other words, at the “sole discretion” of Trump, and/or his vendor, the prizes could be forfeited and another worthless NFT awarded in their place. All for just $4,653.00. And the saddest part of this is that a fair number of Trump’s glassy-eyed cult followers will still likely salivate over the opportunity to be duped by The Donald.
It’s astonishing how gullible people can be when wooed by a former reality TV game show host whose past is replete with purposeful fraud. But they can take comfort in the knowledge that, in the end, they will get precisely what they paid for. And that Trump will have a good laugh at their expense.
RELATED SOTRIES:
This news is republished from another source.
