Melania Trump, the former First Lady of the United States, has announced the launch of a non-fungible token (NFT) platform on the Solana blockchain.
This was mentioned in a news statement by Melania Trump, who said that the new NFT platform embodies her artistic enthusiasm. The platform’s payment services will be provided by Moonpay, which is situated in Solana.
An NFT has already been advertised for sale on the platform. This NFT, named Melania’s Vision, has a watercolor portrait of Melania by Marc-Antoine Coulon, as well as an audio recording of the former First Lady’s message of hope. The NFT is quoted for 1 SOL, which is around $180 at press time.
The platform hopes to sell more NFTs in the future, as well as organize a historical auction in January 2022. Physical artworks and a one-of-a-kind accessory will be included in the 2022 auction, in addition to NFTs.
Melania’s NFT platform will donate a portion of the earnings to her “Be Best campaign” for children, as is customary with NFT ventures.
Non-fungible tokens, or NFTs, are digital content pieces linked to the blockchain, the digital database that supports cryptocurrencies like bitcoin and ethereum, that are not fungible in the sense that they cannot be replaced or exchanged with another identical token of the same value, such as a dollar bill.
According to her, this new technology-based platform provides a mechanism to teach youngsters computer science skills so that they can succeed once they leave the foster care system.
Solana has become a popular destination for new non-fungible token (NFT) projects. The blockchain network uses a combination of proof-of-stake (PoS) and proof-of-history (PoH) consensus processes to improve performance and scalability. As a result, the network claims to be the world’s fastest blockchain, capable of processing 50,000 transactions per second (TPS).