Everyone is dreaming of making it big in the NFT space. Who wouldn't want a piece of the NFT pie? If you do it right, your NFT collection can be worth millions, or even billions. Just ask the guys who started what could be the biggest NFT project to date, the BAYC collection.

Melania Trump Collection

There is nothing wrong to cash in, but Melania Trump probably thinks she can skirt around the blockchain and get away with another …

Fake it till you make it!

Based on news reports, it turns out that the digital wallet that bought her NFT belongs to no other than Melania Trump herself.

How to buy an NFT?

If you haven't purchased an NFT before, you first need to find an NFT marketplace, and one of the most popular NFT marketplaces is OpenSea.

Disclosure: I have an NFT collection on Opensea, and have sold two pieces.

You have to connect a digital wallet, either Metamask or Coinbase, and transfer ETH, the most preferred cryptocurrency used in an NFT transaction.

Once you have an NFT art you would like to purchase or bid on, you can outright buy it if you have enough ETH on your wallet, and if it is an auction, wait until the auction is over, or you can also offer to buy, which the artist or the present owner can accept or deny.

All transactions are final. Once the NFT art is sold, it will be transferred to the winning digital wallet.

The problem with the Melania Trump NFT

Her website published the winning digital wallet, and that is enough information for anyone to check on the blockchain who owned the winning bid.

It turns out the winning bid came from the digital wallet owned by the seller, in this case by Melania Trump herself.

It isn't the first time that this has happened. There are reports that sometimes NFT art is transferred from one wallet to another only to find its way back to the original wallet.

Some say this is done to inflate prices or make it appear in some cases that an NFT marketplace is processing millions of dollars worth of NFT art.

Melania's Vision

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As seen on Melania Trump Website.

Melania Trump's personal journey has been enlightening; from Slovenia through Europe and into the United States of America — including as First Lady. The beauty and hardships of individuals, majestic landscapes and profound architecture have entered her lens and remain in her heart.

Marc-Antoine Coulon's breathtaking watercolor embodies Melania Trump's cobalt blue eyes, providing the collector with an amulet to inspire. Melania's Vision provides the collector with strength and hope.

A portion of the proceeds from the sale of the artwork will be donated to support children in the foster care community.

The sale has ended

If you purchased an NFT from us but had trouble claiming it before the sale ended, please contact support@melaniatrump.com with your wallet ID.

Fake it till you make it!

Nobody can fault a celebrity trying to cash in with NFT. Unfortunately, the same can be said of Melania Trump. Why wouldn't she, while other First Lady made a dent in the society, or have published their memoirs? She must be thinking, why not embrace new technology like blockchain and NFT.

She claims that a portion of the sale goes to a charity. But recent news about her is that she once hosted a charity event for a charity organization that doesn't exist.

A charity event hosted by Melania is being investigated after organisers said a portion of ticket proceeds would go to a charity that doesn't appear to exist, The New York Times reported.

"POTUS NFT Collection"

It gets more bizarre that Melania Trump announced a new NFT collection — it will "recognize important moments in [America's] history," such as NFTs (non-fungible tokens) depicting Mount Rushmore, the White House and Air Force One, Trump said in a statement. Up for sale: 10,000 solana NFTs priced at $50.

It works like a mystery box, where for $50, you don't know what you will get from the new Melania Trump NFT collection.

Everything the Trump family does is mired in controversy. Melania Trump is no exemption.

But if her NFT collection fails, it only adds fuel to an already explosive world of NFT and cryptocurrency.

Again, it is best to do due diligence before investing on NFT and cryptocurrency.

Further readings

Check out my NFT art here.