Donald Trump's NFT Collection: A Missed Creative Opportunity
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Chapter 1: A Closer Look at Trump's NFT Drop
The recent release of Donald Trump's generative NFT collection raised eyebrows, primarily due to its uninspired design. The whole concept felt like a missed opportunity for creativity within the generative NFT space.
"I initially thought the announcement of Trump's NFT drop was a prank. However, upon watching him promote it, I felt compelled to explore the collection on OpenSea."
This NFT collection, hosted on OpenSea, is the focus of my blog, which delves into various aspects of generative NFTs, including art, design, and execution. I aim to keep the political discourse at bay and instead highlight how this collection serves as a "teachable moment" regarding the principles of effective generative NFT production.
Section 1.1: The Importance of Traits in Generative NFTs
In my previous articles, I often receive inquiries about the optimal number of traits for a generative NFT set. After extensive analysis, I concluded that a minimum of around 200 traits is ideal for creating a diverse collection. While it's possible to manage with fewer traits, particularly in a 10,000 NFT set, aiming for more traits yields better results. In fact, my highest trait count was a staggering 1,200!
Now, let’s see how many traits were included in Trump's collection:
Unfortunately, Trump's collection comes up short with only 111 traits (excluding the 1/1s). Additionally, while my previous recommendation was based on a standard 10,000 NFT set, Trump's collection boasts a whopping 45,000 NFTs, resulting in a disproportionate ratio of NFTs to traits.
Section 1.2: The Mathematical Dilemma
Consider this equation: A low trait count combined with a high NFT number, without proper coding to prevent duplicates, leads to a high chance of…
That's right—an abundance of duplicates! Here are a few examples of what that looks like:
Regrettably, had I been involved in this project, I would have advocated for:
- Increasing the trait count significantly, even if it required extra effort from the design team.
- Enhancing visual variety to create a more captivating collection where individual NFTs don’t appear too similar.
- Implementing coding measures to eliminate blatant duplicates, like those shown above.
Furthermore, I was not impressed with the 1/1s in the collection. For instance, they featured:
The same "1/1" NFT, except one was digitally signed and the other was not. When offering a 1/1, if digital signatures are included, then either:
- All should be signed, or
- Only a select few should be, but no duplicates should exist without signatures.
Overall, I would assign this collection a grade of D. While I acknowledge some points for its comedic theme and the potential to attract new users to the NFT space, it ultimately feels like a low-effort Photoshop endeavor—not exactly presidential quality. (Barack Obama, if you're interested in launching a proper NFT collection, feel free to reach out!)
I genuinely hope that newcomers to the NFT realm will explore beyond this example and uncover the truly impressive art and technology available in the generative NFT landscape.
Update: A day after the initial minting, the floor price has dropped by approximately 40% from the mint price.
Update (12-16-22): Surprisingly, another update shows that the floor price has recovered somewhat, at least for the moment.
Jim Dee is a prolific writer, developer, and multimedia creator based in Portland. Discover more about him and his projects at JPD3.com. Thank you for your interest!
Chapter 2: Video Insights
This video analyzes the absurdity of Donald Trump's NFT release, discussing its lack of originality and the implications for the NFT market.
In this video, we explore the official return of NFTs, focusing on Trump's new collection and the broader implications for cryptocurrency and the NFT landscape.