Parler, a controversial right-leaning social media platform, has announced the opening of its new NFT marketplace called DeepRedSky, which will kick off its launch with the release of new CryptoTrump Club NFTs. More specifically, the platform will sell 250 NFTs featuring animated portraits of former President Donald Trump.
According to the company, DeepRedSky will be built on the Solana blockchain and will accept payments via traditional credit cards. Interestingly, Parler has already worked with Melania Trump in January to launch her first NFT collection, making this its second partnership with the Trump family.
“We want to work with somewhere between sort of 50 to 100 brands, and we want to offer a far more full-service provision than OpenSea currently offers, which is basically just minting and a place to put them up,” said George Farmer, CEO of Parler.
Image Credit: Parler
Why This Trend Is Growing
- NFT Marketplaces
- The opening of DeepRedSky by Parler gives rise to new NFT marketplace opportunities
- Political Figure Nfts
- The release of Donald Trump NFTs signals new ventures for political figure NFTs
- Blockchain Use in Traditional Industries
- The use of Solana blockchain and acceptance of credit card payments in NFT marketplaces may disrupt traditional industries
Industries Being Reshaped
- Social Media
- Parler's creation of DeepRedSky may disrupt the NFT market in social media
- Art and Collectibles
- The release of Donald Trump NFTs creates new opportunities for political figure art and collectibles markets
- Finance and Payment Processing
- The use of blockchain and credit card payments in NFT marketplaces may disrupt the finance and payment processing industries
