Illustration: Eniola Odetunde/Axios
Former President Trump's "major announcement" this week that turned out to be $99 non-fungible tokens (NFTs) has made him the target of ridicule from some of his most ardent supporters.
The big picture: The announcement launched a swift round of criticism across the right-wing media landscape — with Steve Bannon and Michael Flynn calling on Trump to fire the person behind the decision.
The latest: The collection of 45,000 NFTs sold out on Friday, the website said. They start at 0.17 ethereum — about $200 — on the secondary market, according to OpenSea.
Between the lines: However garish you might have pictured a Trump line of NFTs could be — even after he declared another presidential campaign — these are more garish than that.
What's happening: On Wednesday, Trump posted to Truth Social that he had a "major announcement," which trended on social media.
Of note: There's no mention of Trump's campaign in any of the materials. The bottom of the NFTs' website indicates that Trump's likeness is used under license: an entity called "NFT INT LLC" holds the copyright to all content.
In the weeds: The NFTs can be purchased with dollars, or wrapped ether (WETH). They are hosted on the Polygon blockchain, though the website hasn't published the contract address yet.
Flashback: This offering is something of an about-face, and in Trump's case there's always a prior (contradictory) tweet.
Editor's note: This article was updated to note the NFTs sold out.
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