Welcome to Token Issue! Delivered every Friday, this free newsletter breaks down the biggest stories in Asia’s crypto scene and beyond. View past issues here or sign up here to receive future newsletters.
Hello readers,
Remember how Donald Trump’s opponents called him a cartoon character?
It all came true last year when we saw Trump present himself – in all his glory – as NFTs. Superhero? Check. Astronaut? Check. Old West sheriff? You betcha.
Love him or hate him, you can’t deny the audacity of it all. He turned himself into a walking, talking cash cow using NFTs as his golden ticket.
Pixelated versions of the former president now fetch hefty prices and fuel his potential comeback in the 2024 presidential race.
Behind the scenes of all this is Singapore-based crypto veteran Andras Kristof, who launched Galaxis, a platform for creators to monetize their work, engage with their audience, and foster communities using NFTs. Bigwigs like Val Kilmer, Steve Aoki, and Mike Tyson also joined the platform.
A source has confirmed to us that Trump has been selling his NFTs using the same platform. Our big story has all the details you want to know.
Editor’s note: This will be the last edition of Token Issue. We are suspending it, as we have not seen enough traction for our crypto coverage to justify a dedicated crypto newsletter. That said, we will continue to write about the space and feature the coverage in our other newsletters. Thank you for your support over the past few months.
— Deepti
🤿 THE DEEP DIVE
Meet the startup behind Donald Trump’s NFTs
Image credit: Timmy Loen
Andras Kristof launched Tembasu Terminals, the first Bitcoin ATM in Singapore, in 2014, opening up a whole new world of possibilities. And as he immersed himself in the crypto space, NFTs caught his attention.
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