Cryptocurrency

Donald Trump NFTs under fire for internal minting, design plagiarism

Hull Invest

A Donald Trump branded NFT trading card project has revealed that the project has internally minted 1000 NFTs, 68 of which were believed to be the rarest in the collection. rice field.

Rare NFTs included 47 out of 179 1/1 and 21 out of 70 signed NFTs.

Super Rare NFT Forged Inside

On-Chain Analyst, OKHotshot (@NFThirder) report On December 17th, 1000 Donald Trump NFT Trading Cards were created and sent to the Gnosis Vault Wallet (Gnosis Safe) created on December 14th.

OKHotshot claimed that a total of 26% of the 1/1 NFTs and 28% of the signed NFTs were minted and sent to the Gnosis vault. These extremely rare NFT properties are only found in 0.40% and 0.16% of all cards, respectively. Gnosis’ safe holdings are high seas.

The 1000 NFTs minted internally are listed in the FAQ on the official website.

“Only 45,000 playing cards digital trading cards will be made in this first series. 44,000 of those will be sold.”

However, it was not explicitly stated that over 25% of the rarest trait NFTs would be created internally and sent to the team-owned Gnosis vault.

Donald Trump doesn’t own the project

The Donald Trump NFT project is not owned by Donald Trump, NFT International LLC.as stated in the official website footnote:

“NFT INT LLC is not owned, controlled or controlled by Donald J. Trump, The Trump Organization, CIC Digital LLC, or their respective principals or affiliates. NFT INT LLC is in the name of Donald J. Trump. , likenesses and images are used under a paid license from CIC Digital LLC, which license may be terminated or revoked according to its terms.”

However, the project ownership is obfuscated in the official website statement on the landing page.

“For the first time ever, collect rare digital collectible trading cards by President Trump.”

Additionally, Trump’s post on Truth Social on Dec. 15 (pre-launch) added further ambiguity to the issue.

design copywriting problem

Claims and other images are circulating on Twitter that the designs for Donald Trump’s NFT trading cards were taken from Shutterstock.

Matthew Sheffield, National Correspondent for The Young Turks Digital Media, created a thread on Dec. 16 revealing some examples of stock images allegedly used for Donald Trump’s NFT trading card designs. .

Centralized and stored off-chain

OKHotshot also confirmed that all metadata and artwork is stored off-chain. This means that anyone with access to its storage and domain can change its properties and artwork without revealing the changes on the blockchain for user verification.

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