President Donald Trump and his business partners seem to launch their own crypto wallet, one that is linked to his Solana-based meme coin and rolled out in collaboration with Major NFT Marketplace Magic Eden.
A site where users can register for a waiting list to gain access to the wallet launched on Tuesday. A spokesperson for Magic Eden confirmed both the legitimacy of the site and the partnership of the company with Trump’s business partners Decrypt. The site was first seen by independent journalist Molly White.
The most important value proposition of the wallet currently seems to offer those who register for this, an opportunity to win rewards with regard to the Trump Meme Coin. The site promises users the opportunity to win a piece of a giveaway that collectively worth 1 million Trump -Tokens, an amount worth $ 11.58 million when writing.
Artwork of the Trump Wallet website. Image: Trump wallet
Crypto users who refer others to becoming a member of the Trump Wallet waiting list, gain access to so-called Trump boxes, which offer increasingly greater opportunities in winning Trump prizes. Users who refer 100 people to register, for example, receive 100 references to win a Diamond Trump box -where the site claims to contain no less than 200 Trump -Tokens (an amount worth $ 2,316 when writing).
According to the general terms and conditions of the site, these Sweepstakes begins today and last until July 4.
The Trump Wallet -app is driven by Slingshot, a mobile crypto -trading app that Magic Eden acquired in April, in an attempt to expand the reach of the platform further than the wrestling NFT market.
“We worked historically with the Trump project to support their earlier NFT launches and are pleased that we are now working on a much larger project with Trump Wallet,” a Magic Eden spokesperson said Decodeer.
A spokesperson for the old Trump business partner Bill Zanker, mentioned in documents for an LLC that is linked to the Trump Meme Coin, did not respond immediately to DecryptThe request for comments on development.