What you need to know about Solana and ‘Melania’s Vision’
Former First Lady Melania Trump unveiled her first non-fungible token (NFT) on Thursday and it will only be available for purchase until the end of the year.
The NFT costs 1 SOL, a cryptocurrency that currently costs around $ 182, and includes an audio recording of Trump relaying a message of hope. To purchase the NFT, a person needs to create a cryptocurrency wallet, which can be done easily on a computer, and then purchase enough cryptocurrency to cover the cost of the NFT.
Trump’s NFT Marketplace only accepts Solana currency, but a person can use any wallet that supports payment with SOL. Trump’s website recommends using the Phantom Wallet.
First-time users of the Phanton Wallet will be prompted to create a new wallet after adding the Phantom Wallet Extension to a supported web browser. One of the first pop-ups will be a secret recovery code and password, which Phantom recommends that people store in a safe place because they cannot be recovered later.
Once the wallet is created, the user can buy SOL directly from the Phantom wallet through the MoonPay payment method, or transfer SOL from another exchange, such as Coinbase. A press release from the former first lady’s office said they would also accept credit card payments through MoonPay.
Next, a person needs to connect their crypto wallet to MelaniaTrump.com using the “connect wallet” button on their website. Once the wallet is connected, users can purchase the NFT using the “buy now” button. Purchases are transferred to users’ wallets by clicking on “Claim a purchase”.
Trump’s first NFT features a watercolor portrait of his eyes and an audio message that reads, “My vision is: look to the future with inspiration, strength and courage.”
A portion of the NFT’s proceeds will help children aging outside the foster system, according to a press release from Trump’s office.
“I am proud to announce my new NFT business, which embodies my passion for the arts, and will support my continued commitment to children through my Be Best initiative,” Trump said in a statement. “Through this new technology-based platform, we will provide children with computer skills, including programming and software development, to thrive once they leave the community of homepage.
Trump intends to post other non-fungible tokens at “regular intervals” on the platform. It is also hosting an auction in January that will feature digital artwork, physical artwork and a one-of-a-kind prop.