MELANIA Trump has launched her first-ever NFT to help kids in need.
The former first lady announced the release of the token on Wednesday, and revealed it is called “Melania’s Vision”.
“I am proud to announce my new NFT endeavor, which embodies my passion for the arts, and will support my ongoing commitment to children through my Be Best initiative,” Melania said in a statement.
“Through this new technology-based platform, we will provide children computer science skills, including programming and software development, to thrive after they age out of the foster community.”
Melania getting in on the latest crypto craze came as Bitcoin and Shiba Inu’s value increased in the early hours of Thursday morning.
As of 10:45am ET, Bitcoin was up more than 3 percent on CoinBase.
At the same time, Shiba Inu was up 4 percent on CoinBase.
Read our cryptocurrency live blog for the very latest news and updates…
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Bitcoin milestone, part two
Bitcoin was created in 2009 by an unknown computer whizz using the alias Satoshi Nakamoto.
Data from Blockchain.com on Monday showed 18.9 million of the 20,999,999,9769 possible Bitcoins had been mined.
It’s a milestone that took 12 years to reach.
Experts believe the last Bitcoin will be mined in February 2140.
One Bitcoin is currently worth around $47,000.
Value could shoot up as the coins become more scarce, experts said.
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Less than 10 percent of Bitcoin left to mine
There is less than 10 percent of Bitcoin left to mine as the cryptocurrency passed a major milestone on Monday.
Data from Blockchain.com showed 18.9 million out of a possible 21 million of the virtual coins have been mined.
Bitcoin is the world’s first entirely virtual currency and new currency is created by mining, a complex online process that uses computer code.
It involves using a computer to solve a mathematical problem with a 64-digit solution to create new coins.
For each problem solved, one block of Bitcoin is processed. The miner that is first to solve the problem is rewarded with a new Bitcoin.
These new coins are then stored virtually through an online database called the blockchain.
The maximum amount of Bitcoin that can ever exist is 21 million.
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Risks of investing in cryptos, part five
Finally, the truth in marketing materials is a risk in investing in cryptos.
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Source: https://www.the-sun.com/money/4285147/cryptocurrency-price-now-bitcoin-shiba-inu-melania-trump-nft/
