Former first lady Melania Trump’s token will run on the Solana blockchain.
The former first lady’s first NFT, called Melania’s Vision, will include watercolor art that “embodies Mrs. Trump’s cobalt blue eyes, providing the collector with an amulet to inspire,” according to an emailed statement. It will be available from Dec. 16 to Dec. 31 for one SOL, a cryptocurrency that runs on the Solana blockchain, currently priced at $187.
Trump is venturing into the world of NFTs as the digital collectibles become more mainstream, with stars like Justin Bieber and K-pop group BTS also entering the market.
Others such as Lindsay Lohan have been doing it for months. The tokens, which combine the world of cryptocurrencies and blockchain with the realm of creative pursuits, are fodder for both retail traders and professional investors anticipating a metaverse where NFTs play a crucial role.
Sales from Melania Trump’s collection will help her Be Best initiative, according to the statement. Trump will help foster children acquire “computer science skills, including programming and software development, to thrive after they age out of the foster community.”
The Solana blockchain network will power the NFTs, which can be bought using both the SOL cryptocurrency and credit card payments through MoonPay. The NFT will also include “an audio recording from Mrs. Trump with a message of hope.”