This article is silly. There are many companies that provide corporate registry services. For instance, if you searched all the tens of thousands of companies that use CT Corporation, you would find lots and lots that have been involved in litigation. And that would have literally no bearing on any of the other companies. I don't know anything about this Wyoming outfit, but that you'd use a generic registration service for a Delaware company is nothing special. It is, in fact, the norm.
That a business uses a registered agent and PO Box is hardly surprising. My company shares the same address as Google! Maybe the rest of the argument has weight, but focusing on this really kills the author’s credibility to me.
Man, who cares about the grift, how about the level of cringe on those trading card images? I thought the one in the article was for lulz or something, but no, it fits in the theme of the rest on the referenced URL well enough that I'll assume it's real.
This seems like a weird play to me, but it seems to have worked? He apparently sold out. But I do see even a lot of conservatives (and not the "Never Trump" kind) groaning at this.
It's interesting to follow the corporate webs behind this but ultimately not particularly newsworthy from my reading of this article. These NFTs being associated with a sketchy NFT company is just more evidence (like we needed it) that NFTs are a scam.
Ultimately, an NFT is just a small payload, typically a URL. I'm always curious that no one talks about what happens if that website goes down or someone loses control over that domain.
I see two interesting things about this particular NFT release:
1. Trump sure does some scammy things for someone so supposedly wealthy. Would you, as an alleged billionaire, put your name behind something as cheesy as this fora (maybe) a few million dollars? It's claimed tens of thousands have been sold. It's not clear to who (eg Trump himself may have "bought" many to prop up the market ie standard crypto shady nonsense); and
2. The timing. Trump announced his candidacy for president last month. He's never stopped fundraising since leaving office. As a private citizen you can do pretty much whatever you want to with that money and it's clear he's used it as a slush fund for personal expenses. But that changes the second you're a candidate for something. Now campaign fundraising falls under a different legal set of restrictions. This really is more evidence of someone who is cash-strapped.
The art itself is particularly bad, like embarrassingly so. I'd be really curious to know how many genuine sales there actually are.
> Trump sure does some scammy things for someone so supposedly wealthy. Would you, as an alleged billionaire, put your name behind something as cheesy as this fora (maybe) a few million dollars?
IIRC, Trump basically went bankrupt decades ago, and was only been able to maintain the aura of wealth by selling his name to be put on cheesy things (remember Trump Steaks) and playing the character of a rich businessman on TV.
I'm sure there's much buyer's remorse out there, that people will learn from this experience, and be better judges of character in the future. Absolutely sure of it.
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Ultimately, an NFT is just a small payload, typically a URL. I'm always curious that no one talks about what happens if that website goes down or someone loses control over that domain.
I see two interesting things about this particular NFT release:
1. Trump sure does some scammy things for someone so supposedly wealthy. Would you, as an alleged billionaire, put your name behind something as cheesy as this fora (maybe) a few million dollars? It's claimed tens of thousands have been sold. It's not clear to who (eg Trump himself may have "bought" many to prop up the market ie standard crypto shady nonsense); and
2. The timing. Trump announced his candidacy for president last month. He's never stopped fundraising since leaving office. As a private citizen you can do pretty much whatever you want to with that money and it's clear he's used it as a slush fund for personal expenses. But that changes the second you're a candidate for something. Now campaign fundraising falls under a different legal set of restrictions. This really is more evidence of someone who is cash-strapped.
The art itself is particularly bad, like embarrassingly so. I'd be really curious to know how many genuine sales there actually are.
IIRC, Trump basically went bankrupt decades ago, and was only been able to maintain the aura of wealth by selling his name to be put on cheesy things (remember Trump Steaks) and playing the character of a rich businessman on TV.