CIC

Only_Writing5308

CIC Ventures licensed Trump's likeness and image. They are getting the royalties. Trump got a one-time payment.

coinfeeds-bot

tldr; The relevant text of the article states that Donald Trump's NFT collection experienced a price increase after his appearance on Tucker Carlson's interview show. The collection, consisting of 45,000 polygon-based Trump Digital Trading Cards, saw a jump in price from 0.1 ether to 0.13 ether. The collection has generated over 17.5 ether in volume since its launch, with each card originally priced at $99. The cards depict Trump in various poses and outfits, and those who purchased the cards had the opportunity to win prizes such as a dinner at Mar-a-Lago or a round of golf with Trump. The article also mentions that CIC Digital LLP, the company owned by Trump that licenses his likeness for the NFTs, has a significant amount of funds in its Ethereum wallet. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*

chuloreddit

Trump holds $250,000 to $500,000 of assets in a cryptocurrency wallet, according to a financial disclosure released last month. The asset, listed on Trump’s disclosure as “cryptocurrency wallet (Ethereum),” appears to be connected to a collection of non-fungible tokens, or NFTs, that he marketed after leaving the White House. In December 2022, Trump announced that he was releasing a “limited edition collection” of 44,000 NFTs representing cartoon-like trading cards that featured Trump in various getups, such as hunters’ camouflage, a welders’ suit and a superhero costume. The $99 cards sold out in a day. Trump and his partner, a company named NFT INC LLC, then released a second batch in April. It also sold out. The sales appear to have raised more than $8.9 million. The former president earned $298,000 in licensing fees from the venture, according to the disclosure. His wallet is held under the same Trump entity through which he collected his licensing fees, CIC Digital. A few hundred thousand dollars is pocket change for Trump, who is worth an estimated $2.5 billion. But the real estate tycoon is not above making an easy buck, even if it requires hawking a product he doesn’t particularly admire. “I am not a fan of Bitcoin and other cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air,” he tweeted in April 2019. “Unregulated crypto assets can facilitate unlawful behavior, including drug trade and other illegal activity.” The Securities and Exchange Commission has recently taken a more active role policing the broader cryptocurrency industry, going after celebrity endorsers like Kim Kardashian. But the regulatory agency has largely shied away from taking actions against NFT creators and companies, meaning Trump’s NFT venture probably won’t add to his legal woes. Spokespeople for Trump did not respond to a request for comment. The existence of Trump’s crypto holding was previously reported by Bitcoin.com.

MichaelAischmann

>CIC Crazy Internet Coin? That's what this ticker returned on coingecko & it doesn't even have a chart or MC rank.

oopssomething

CIC is popular Indian coin

rednumberse7en

u/Oldavso Fix your TLDR. President Trump has nearly zero direct involvement in this. NFT INT LLC is behind these NFT’s. NFT INT LLC uses President Trump's name, likeness and image under a paid license from CIC Digital LLC which can be terminated or revoked. The people behind each of those companies is still up for debate. Do better research.

DAMG808

Pump and Dump that Trump...What a pile of crap. And it's not even him who issued them... only sold his "name" as license. Quote fromt he Official Website: "NFT INT LLC is not owned, managed or controlled by Donald J. Trump, The Trump Organization, CIC Digital LLC or any of their respective principals or affiliates. NFT INT LLC uses Donald J. Trump's name, likeness and image under paid license from CIC Digital LLC" So yeah....people speculate its a partner he wrote a book together some tiem ago, the sam people who tried to pull this off before with Sylvester Stallone but never released it. Trump is too stupid to pull this off.

coinfeeds-bot

tldr; US President Donald Trump has made his first Instagram post since January 6, 2021. In the post Trump announced he’s launching series 2 of his NFT collection and posted a link to the site Collect Trump Cards. Trump recently revealed he made between $100,001 and $1 million from CIC Digital, the company behind Trump's NFT launch. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

coinfeeds-bot

tldr; Former US President Donald Trump earned between $100,001 to $1 million through NFTs, according to an April 14 filing. Trump served as the “manager, president, secretary and treasurer” for CIC Digital LLC since March 2022. This company granted NFT INT LLC a license to use his name, likeness, and image in the widely publicized “Trump Digital Trading Cards” *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

ThiccMangoMon

il save you on the read.. he made "between $100,001 and $1 million from CIC Digital"

Tasigur1

The answer: "Trump also made earnings of $100,001 to $1 million from CIC Digital (...)." Saved u a click ;)

coinfeeds-bot

tldr; Former US President Donald Trump has revealed that he earned $5 million from speaking engagements, $100,001 to $1 million from CIC Digital, the company he partnered with to launch Trump Digital Trading Card NFTs in December 2022. Trump also earned income as an author or co-author of several books over the years. Trump recorded no gifts or travel reimbursements in his financial disclosure. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

coinfeeds-bot

tldr; A filing from the Office of Government Ethics shows that former US President Donald Trump has made anywhere from $100,001 to $1 million from sales of Trump-branded non-fungible tokens (NFTs). The 45,000 digital collectibles featuring Trump's likeness were released in December and sold out within a day. Trump holds the position of "manager, president, secretary and treasurer" at CIC Digital. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

MagicMaker32

Remember who the CIC was at the time.

Al_Zik1

I'm CIC