Melania Trump launches NFT artwork series, proceeds of which will support youth charity

Melania Trump launches NFT artwork series, proceeds of which will support youth charity

Jean Dubreil | Dec 20, 2021 3 minutes read 0 comments
 

Melania Trump, the 45th First Lady of the United States, announced the development of a platform for Non Fungible Tokens (NFTs), as well as "Melania's Vision," a digital artwork and audio file that will be the first in a series of limited edition NFTs. Mrs. Trump will use a portion of the revenues to benefit youngsters in the foster care system.

▶ Advertising

267891658-277651867749924-2510184975514486078-n-1.jpg @melaniatrump @marcantoinecoulon

Mrs. Trump will issue NFTs on MelaniaTrump.com at regular intervals. Between December 16 and December 31, 2021, the first NFT, dubbed "Melania's Vision," will be available for purchase for a limited time. Parler, a free speech-friendly social network, is behind the idea. Non-fungible Tokens, or NFTs, are one-of-a-kind, non-transferable data units based on blockchains, the decentralized ledger technology that underpins cryptocurrencies such as Bitcoin and Ethereum. NFTs are commonly used to prove ownership of a digital or physical object, such as photos, movies, or audio files.

NFTs are frequently compared to certificates of authenticity, which are intended to ensure that a work of art or other item is genuine, rather than a copy or a fake. Mrs. Trump will deliver an audio message and a photo as part of "Melania's Vision." The NFT will be available for purchase on the Solana blockchain using SOL, the platform's native cryptocurrency. It will be available for purchase for 1 SOL (about $175 at the time of writing). MelaniaTrump.com will allow newcomers to cryptocurrencies to purchase SOL tokens with their credit cards.

Marc-Antoine Coulon, a French artist, produced the piece. Children aging out of the foster care system will benefit from a percentage of the earnings from the Melania Trump NFT collection, which will provide them with resources to help them acquire skills in computer science and technology. Mrs. Trump will release NFTs on a regular basis, with three elements: digital artwork, physical artwork, and a physical historical accessory that will be auctioned in January.

NFTs are virtually impossible to censor or control because they are based on blockchain technology. While centralized NFT exchanges can restrict their users, they cannot take away a person's right to own or trade an NFT. The former First Lady told that she believes blockchain technology provides a platform for innovators to reach people directly, without the intervention of censorious gatekeepers. Mrs. Trump told, "Since leaving the White House, I've envisioned developing a new platform where Freedom of Speech can flourish." "My new NFT gallery, MelaniaTrump.com, takes advantage of Blockchain Technology's decentralized nature to provide a direct link to people all over the world."

"My passion for the arts is evident in Melania's Vision, my first NFT, which I collaborated on with artist Marc-Antoine Coulon. A percentage of the proceeds from NFT will be donated to children in foster care. Fostering the Future, a Be Best program will teach pupils a variety of technology skills to prepare them for the workforce. I'm looking forward to inspiring the next generation of entrepreneurs in America." Mrs. Trump will be able to sidestep an issue long decried by her husband — the more strong political biases of establishment institutions, particularly the establishment media — by issuing NFTs directly through her website and embracing the decentralized technology of the blockchain.

Mrs. Trump has personal experience with this. Mrs. Trump was a prominent model before becoming First Lady, and she was frequently featured on the covers of fashion magazines prior to her husband's election victory against Hillary Clinton in 2016. She was virtually boycotted by the traditional fashion media as the establishment press went to battle against Trump's presidency, with no major fashion magazine covering her in a cover story during her term as First Lady. Anna Wintour, the editor-in-chief of Vogue, has stated unequivocally that she will never allow Mrs. Trump to return on the magazine's cover for political reasons. "You have to speak up for what you believe in," Wintour says.


View More Articles

Artmajeur

Receive our newsletter for art lovers and collectors