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Trump is asking for $1.5 million for a seat at tonight’s White House dinner, but his attendance is in question.

A second dinner on May 22nd will allow $TRUMP token holders to win access through a contest on the blockchain.

Experts believe the token-based dinner is a corrupt scheme that allows customers to pay for access to the president.

President Donald Trump is hosting a $1.5 million per person White House dinner tonight, and he may not even attend.

The event, called the Crypto and AI Innovators Dinner, is being hosted by MAGA Inc., a superpac raising money for Trump, who’s already back in power.

The event will feature David Sachs, a Washington, D.C.-based technology investor who advises on cryptocurrency and AI. This is the first of two blockchain-related events Trump has planned for this month, and both are raising large sums of money.

PAC has not announced what it plans to do with the millions raised, and Trump, despite returning to the presidency, is using third-party channels to raise political support and money. The terms of the event clearly state that it can be canceled “for any reason” and if that happens, attendees will get

Trump instead of dinner.

Later this month, on May 22, Trump will host another dinner – this time not for wealthy fiat donors, but for holders of the $TRUMP coin meme. The event will be held at Trump National, the president’s private club in the Washington, D.C. area.

The guest list will not be compiled by campaign staff or lobbyists, but by a blockchain leader controlled by the coin’s creators. The competition for a seat will run until May 12, and only the top 220 token holders will get a seat at the table.

The official website of the coin displays a real-time leaderboard with the user names of the biggest buyers. The top 25 holders will receive a VIP tour of the White House and access to a special reception. The contest has drawn criticism from watchdog groups.

Kyle Herrig, president of Accountable.US, called it the most blatantly corrupt enrichment scheme in the history of the U.S. presidency and warned that foreign buyers could use the system to gain access to the U.S. president.

There is fine print: even this event could be canceled without warning, and Trump might not show up. In that case, the consolation prize would be another Trump

However, that hasn’t stopped people from buying $TRUMP tokens. Since the announcement of the inaugural event on May 22, the price of the coin has jumped more than 50 percent, which has helped boost the value of wallets associated with early token holders.

The coin was launched in January, and has already generated over $324 million in trading fees. These fees are built into the coin’s mechanics, with a portion of each trade going directly to wallets managed by the creators.

See also Trump refuses to honor the U.S. Constitution and says: I don’t know anything about it.