In recent years, former U.S. President Donald Trump has become increasingly active in the world of digital assets, launching NFT collections, teasing crypto ventures, and weaving Web3 language into his political and media strategies. For a man known for dominating headlines, his pivot into Web3 raises a provocative question: Is Trump embracing blockchain as part of a long-term political vision—or is it simply a strategy to generate digital hype?
This article dives into how Trump is reshaping political engagement through NFTs, digital ownership, and crypto narratives, and evaluates whether this move represents innovation or opportunism.
From MAGA to Metaverse: Trump’s Entry into Web3
In December 2022, Trump launched his first NFT collection, a series of digital trading cards on the Polygon blockchain. Priced at $99 each, the cards depicted the former president in outlandish superhero and action-hero outfits. The collection sold out in under 24 hours, generating approximately $4.5 million.
A second series followed in 2023 with similar success, leading Trump to publicly comment that “crypto is something I’m looking at seriously now.”
Why It Mattered:
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It marked the first major move by a former president into blockchain products.
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It blurred the lines between campaign memorabilia and speculative digital assets.
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It brought Web3 into the political conversation, not as policy—but as performance.
“These cards are about America. And they’re about me,” Trump said in a promotional video. While tongue-in-cheek, the message hinted at a broader digital identity strategy.

Trump and the Hype Economy
Trump is no stranger to media manipulation or brand-building. From reality TV to real estate licensing deals, branding has always been core to his empire. His foray into NFTs and Web3 appears to be no different.
The Hype Playbook:
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Scarcity: Each NFT collection was limited in quantity, generating urgency.
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Utility promises: Buyers could win perks like Zoom calls with Trump or dinner invitations.
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High resale value: Early adopters flipped the NFTs for 5x–10x their original price.
The model mirrors the speculative nature of meme coins and hype-driven crypto launches. But unlike anonymous founders, Trump offers something rare in crypto—mainstream name recognition.
Case Study: One Trump NFT sold for over $20,000 at the peak of the hype—fueled more by political fandom than blockchain fundamentals.
Web3 as a Political Tool
Beyond financial speculation, Trump’s use of NFTs and Web3 hints at a decentralized messaging strategy. With Trump banned (and later reinstated) from major platforms like Twitter and Facebook, his digital footprint has become more fragmented. Web3 gives him:
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Direct-to-audience control via tokenized communities.
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A way to monetize political support without traditional fundraising.
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Access to younger, tech-savvy demographics, particularly Gen Z and crypto-native voters.
Platforms like Discord and decentralized social networks offer Trump potential alternatives to big tech platforms—aligning with his “anti-establishment” branding.
This form of Web3 populism positions Trump as both victim of centralized control and pioneer of independent messaging.
But Is It a Real Vision for Governance?
Here’s the critical distinction: While Trump is using Web3 tools, he has yet to articulate any clear policy vision related to cryptocurrency, blockchain regulation, or digital asset integration into government.
Contrast this with:
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Vivek Ramaswamy, who outlined a crypto-forward policy framework during his campaign.
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Robert F. Kennedy Jr., who promoted Bitcoin as a tool against inflation and surveillance.
Trump’s Web3 moves have been focused on commerce and culture, not policy or governance.
Despite being a presidential frontrunner, Trump has not released a formal crypto policy document. His NFT ventures are tied more to brand than blockchain ethics.
Risks and Criticisms
Many observers have questioned the integrity and purpose of Trump’s NFT endeavors. Some common criticisms include:
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Cash grab accusations: With proceeds going to Trump-affiliated businesses, not campaign funds.
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Lack of transparency: Unclear smart contract terms and centralized control over distribution.
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Over-commercialization: Using NFTs as celebrity merch rather than ideological tools.
There’s also a broader concern: tokenizing political figures can trivialize serious discourse, reducing political engagement to speculative trading behavior.
Critics argue that political NFTs, while novel, can become “crypto-fan fiction” rather than vehicles for civic participation.
Is It Working? Impact on His Support Base
Despite the skepticism, Trump’s crypto ventures are resonating with certain voter blocs:
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His core supporters view the NFTs as collectibles and tokens of allegiance.
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Crypto enthusiasts appreciate his anti-regulation tone and tech-savviness.
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The Web3 community—hungry for mainstream attention—welcomes the buzz.
However, traditional conservatives and financial watchdogs remain cautious, especially as blockchain regulation becomes a high-stakes issue in Washington.
Final Analysis: Vision or Hype?
✅ Strategic Wins:
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Trump positioned himself as the first “Web3 president” without taking major political risk.
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He monetized attention outside traditional political fundraising channels.
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He sparked mainstream interest in the intersection of politics and blockchain.
❌ Missed Opportunities:
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No concrete policy or infrastructure roadmap for crypto.
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Failure to engage in regulatory or legislative conversations.
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Risk of turning serious tech into a gimmick or novelty.
Conclusion: Trump—Web3 as Brand Amplification, Not Policy Vision
Donald Trump has effectively used Web3 as a tool for media amplification—monetizing attention, bypassing traditional fundraising, and connecting with digitally native communities. However, his actions to date suggest a strategy rooted more in hype than in a coherent vision for blockchain governance.
In Summary:
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What he’s done well: Pioneered political NFTs, reached Gen Z audiences, utilized decentralized platforms to bypass traditional media.
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What’s missing: No formal crypto policy framework, no support for blockchain infrastructure, no engagement in regulatory discussions.
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The risk: Reducing transformative technologies to promotional stunts, weakening serious political discourse.
Will Trump evolve into a true “Web3 President,” or remain best known as the most successful NFT merchandiser in politics?

John Cassidy is a senior columnist at egodcoin.io, specializing in economic and political analysis. He has authored bestsellers like How Markets Fail and Dot.Con, and is currently working on a new book about capitalism and its critics. Born in Leeds, UK, he holds degrees from Oxford, Columbia, and NYU, and resides in Brooklyn with his family.