WASHINGTON: Former US first lady Melania Trump has launched her own NFT platform, the latest public figure to join the crypto boom.
A non-fungible token (NFT) is a digital object that can be a drawing, animation, piece of music, photo, or video with a certificate of authenticity created by blockchain technology. This authentication by a network of computers is considered inviolable.
A portion of the proceeds from Melania Trump’s NFT collection will be used to help children in foster care.
“I am proud to announce my new NFT endeavor, which embodies my passion for the arts, and will support my ongoing commitment to children through my Be Best initiative,” Trump said in a statement.
“Through this new technology-based platform, we will provide children computer science skills, including programming and software development, to thrive after they age out of the foster community.”
The first NFT, a watercolor by the French artist Marc-Antoine Coulon titled “Melania’s Vision,” will be available for purchase through the end of the year for the price of 1 SOL, the cryprocurrency of the Solana blockchain protocol, (approximately $150).