Former US mother Melania Trump launches NFT campaign | Art and Culture Issues

Melania Trump has released NFTs ‘on a regular basis’ and other childcare funds, the press release said.

In exchange for a cryptocurrency token, you could have Melania Trump’s digital eye dye.

The first woman in the United States started a business this week selling NFTs, or non-fungible tokens, on her website in exchange for Solana tokens, which currently cost about $ 180 each.

Melania Trump has released NFTs “regularly” on her page, according to news outlets, and a portion of the money going to raise children. It is unknown at this time what he will do after leaving the post. Email inquiries about how the donations could be made were not answered by Melania Trump reporters.

Aaron Dorfman, president and CEO of the National Committee for Responsive Philanthropy, says that when the company says “a portion of the money” goes to the charity without showing how much it costs, “It’s a big red flag.”

“It means charity is not a big part of their plans,” Dorfman said. “It’s a marketing ploy.”

The Trump family has a difficult history with charities, although Melania Trump did not take part in the charity debate in New York.

During his presidency, Donald Trump paid a $ 2m courtesy fine after admitting to using his background as a hog bank. The fine was ordered to be distributed to eight charitable organizations.

The Donald J Trump Foundation was dissolved.

In addition, Trump agreed to ban if he wanted to set up a charity or a new foundation and New York State needed formal education for his children, Donald Trump Jr., Ivanka Trump, and Eric Trump, who were affiliated with the Trump Foundation.

Non-really non-fungible tags are real digital tags that can be attached to art, music or any other type of digital file. NFTs verify ownership of an object by copying information into a digital book called blockchain, which is publicly available and stored on computers online, making it impossible to lose or destroy it.

NFP artist Beeple sold about $ 70m earlier this year. It sparked a huge interest in digital technology that has been around for several years, supporting pigs on the Bitcoin craze that made blockchain a household word. Digital cat groups have been selling for six cents since 2017 and today you can buy LeBron James digital ball light for NFTs anywhere from a few cents to nearly a quarter of a million dollars.

Although they are often classified as fun as collectors because their values ​​vary, NFTs are viewed by many as money. Like cryptocurrency, they are often illegal, and many experts warn against investing.