Former US First Lady Melania Trump has rolled out an NFT project of her own, selling the first NFT in exchange for the cryptocurrency SOL.
The first NFT, titled ‘Melania’s Vision’, went on sale Thursday for 1 SOL, intended to be $150, but currently worth around $183, due to the cryptocurrency’s fluctuation. The first limited edition piece of digital artwork, titled “Melania’s Vision” will be on sale until Dec. 31. These unique tokens are tied to digital assets like a video, meme or, in this case, a painting. Their ownership is recorded in a ledger within the blockchain, similarly to cryptocurrency.
Trump’s first NFT is a watercolor by Marc-Antoine Coulon and includes an audio recording from the former first lady, who left office when her husband Donald Trump’s presidential term ended in January. The NFT endeavor “embodies my passion for the arts, and will support my ongoing commitment to children through my Be Best initiative,” the former first lady announced on Thursday.
An NFT is a digital asset – typically pictures, songs or videos – bought in an online marketplace and stored on blockchain, a secure public ledger. Blockchain allows anyone to verify the NFT’s authenticity and keeps a record of who owns what. Melania, 51, joins a growing list of celebrities offering lucrative digital memorabilia. Earlier this year Argentinian footballer Lionel Messi, Jamaican athlete Usain Bolt and American football player Tom Brady launched their own collections of NFTs. Singer Justin Bieber and K-pop group BTS have also dived in.
“I am proud to announce my new NFT endeavor, which embodies my passion for the arts, and will support my ongoing commitment to children through my Be Best initiative,” Melania is quoted as saying. “Through this new technology-based platform, we will provide children computer science skills, including programming and software development, to thrive after they age out of the foster community.”