Web3

From Nakamigos to Magamigos: The Tricky Relationship Between the Meme Economy and NFTs

Speculative NFT project Nakamigos has recently broken into the NFT spotlight, spawning copycat projects such as Magamigos and Nakamigas that capitalize on the trend. But while meme projects may offer short-term gains, they rarely offer long-term value and ought be scrutinized.

Nakamigos (OpenSea)

Web3

Trump NFT Sales Spike Following Ex-President's Arraignment in New York

In the hour after the 45th president was arrested Tuesday afternoon, the collection saw 30 sales, a 462% increase after a long period of token holder dormancy.

Donald Trump Trading Card NFTs (OpenSea)

Markets

Floor Prices for Donald Trump NFTs Surge on News of Possible Indictment

Meanwhile, the Polymarket prediction contracts relating to the former U.S. president's indictment have become some of the most actively traded on the platform.

Donald Trump Trading Card NFTs (OpenSea)

Web3

Trump Digital Trading Card Project Mints NFTs for Winners of Prizes

The same OpenSea wallet that sold the original images of the 45th president has minted the sweepstakes prizes, from a group Zoom call to a gala dinner.

(OpenSea)

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Web3

Crypto Twitter Delves Into Strange, Sloppy Side of Trump’s NFT Collection

Online sleuths analyzed blockchain data and assets in the former president’s NFT collection, finding evidence of stolen art and shady wallet addresses, painting a picture of how the digital collectibles came to be.

Trump Trading Card NFTs (OpenSea)

Finance

Se agotó la colección de NFTs de Trump y sus precios suben

Según datos de OpenSea, el precio mínimo de la colección es de alrededor de 0,19 ETH, o US$230, más del doble de su precio original.

Donald Trump pitching his NFTs (CollectTrumpCards.com)

Markets

Analysis: FTX’s TRUMPLOSE Token Isn’t Proof of an FTX-Democrat-Ukraine Conspiracy

TRUMPLOSE was part of FTX’s prediction market, where degens made big bucks betting on — or against — Trump or Biden during the 2020 election. Curiously, it’s still on the company balance sheet.

The TRUMPLOSE/FTX conspiracy theory (Creative Commons, modified by CoinDesk)

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Videos

Role of Crypto in Ohio Primary Elections

CoinDesk’s Nikhilesh De discusses the role of crypto in Ohio's primary election as blockchain advocate Rep. Warren Davidson wins the Republican nomination for the state’s 8th Congressional District. Plus, a conversation on Trump-backed J.D. Vance’s Senate Republican primary win and the role crypto could play in upcoming elections throughout the country. 

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Finance

Parler Launches ‘Trump Legacy’ NFT Collection

The move follows an announcement last month by former First Lady Melania Trump that she would be releasing her own NFT collection.

Former U.S. President Donald Trump speaks during a rally on July 24, 2021 in Phoenix, Arizona. (Brandon Bell/Getty Images)