• Donald Trump’s NFT causes Creatd shares to rise

  • Thanks to Donald Trump’s NFT, shares of the company behind the project, Creatd Inc. rose.

    Historic photo

    Jeremy Frommer, co-CEO and founder of Creatd Inc. announced in a series of articles in The New York Times and The Wall Street Journal that there was potential in a photo shoot for a young Trump one night at one of the many dinner parties.

    The American billionaire gleefully signed the chest of a model (unaware of his legal future). Bob Guccione knows a thing or two about this. He’s the official photographer for historic magazines like Penthouse and was in the area that night. It was not difficult for him to photograph the man who would one day (unsuspectingly) become President of the United States of America.

    So Frommer’s move was to end the cycle of “three photos” that had been circulating for some time as to what they would represent.

    Donald Trump’s NFTs

    OG Gallery’s parent company, Creatd Inc. recently announced a new Non-Forgible Token (NFT) featuring three photos of the blonde former president. Guccione, the CEO of General Media, has given his own creditors ownership of the set.

    The one-of-a-kind piece was commissioned by Frommer for the OpenSea platform and is valued at 240 ETH. it includes the original and unique JPG, as well as a large print of the photo in the same color as Donald’s hair set in a large frame. All signed and authenticated by the OG Gallery itself. So the “Donald Trump Photo” story sees its happy ending in a unique sale.

    Frommer recounts.

    “In the spring of 2015, the curator of the Guccione Collection brought me these photographs. Apparently, they had been tucked away in a filing cabinet in the back of the warehouse, marked as ‘old celebrity photos.’ My marketing team contacted our outside media consultant to weigh in on what to do with the photos, and he suggested we call Trump’s office and ask them where they came from. One of my marketers, Courtney, was put through to Michelle Cohen, Donald Trump’s senior contact.”

    Once again (after his first conversation with the senior manager), Frommer recalled.

    “He said he would sue me if we published the photos and muttered other threats for several minutes before I got on the phone with him. He continued to rant and rave, but finally said the photos had ‘come out’ and were not a big deal. After explaining to him that I didn’t want to get him or “Mr. Trump” in trouble, we agreed that I would discuss the Trump photos with a professional and ask him what he thought of them. I told the rabid Michael Cohen that maybe he was overreacting like he knew he would. Most of these things happened before I believed Trump had a real chance of being elected. I was sure he would be crushed immediately, but my confidence would soon be shaken.”

    Kreider’s boom in the stock market

    In the end, we can say that these photos survived history. Frommer has now reclaimed the previously seeded portion with less mischief, doubling pre-market trading in the US (the stock is up a whopping 129%) after the company announced the release of its new dedicated NFT.

    Following the announcement, the stock closed with a 41% gain.

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