Mrs.Trump ventures into the NFT space; Details remain hazy

The former US first lady, Melania Trump, picks Solana blockchain to purchase her new Non Fungible Tokens(NFT). The NFT is to be paid through MoonPay, a new Start-up crypto payment infrastructure.

Mrs. Trump, took to Twitter to announce that her first NFT, a painting called, ‘Melania’s Vision’ by the artist Marc-Antoine Coulon, and an audio recording with a message of hope from the former first lady, could be purchased at 1SOL using MoonPay. This is available on her website starting from the 16 December to the 31 December 2021.

“Excited for this new venture, which combines my passion for art and commitment to helping our Nation’s children fulfill their own unique American Dream. #MelaniaNFThttp://MelaniaTrump.com

Solana Labs and MoonPay dismiss rumors of a partnership with Trump’s NFT project

While Melania launched her NFT project, Solana Labs and MoonPay had to deal with rumors of partnering with Melania’s NFT project. Solana labs immediately stated,

“I wanted to inform you, to avoid any confusion, that her choice to use the Solana blockchain was completely organic, and this project is not part of any Solana-led initiative”

MoonPay tweeted about the same and stated that the story by Bloomberg, titled ‘MoonPay as a partner to a new NFT effort by Former First Lady Melania Trump,’ is factually incorrect and that they had no role to play in it. MoonPay is a company that helps people exchange cryptocurrencies and fiat, or government-issued currencies using major payment methods. It is used in more than 160 countries and more than 250 wallets, websites, and applications to make payments and defeat fraud.

Solana is a high-powered blockchain with an extravagant performance that supports the builders of crypto assets to create crypto applications. This altcoin has been gaining a lot of popularity. however, Ethereum is the most popularly used blockchain for NFTs.

At the time of writing, Solana was priced at $181.46 and experienced a bullish market at 2.58% in the last 24 hours. Ethereum on the other hand was priced at $3957.97 and witnessed a daily drop of 0.77%.