Trump merges NFTs and Bitcoin with “One-of-One” Ordinals, priced at $9,900.
His digital collectibles spark interest amid exclusivity and imposed limitations.
Former U.S. President Donald Trump is intertwining the worlds of cryptocurrency and digital collectibles to enhance the allure of his contentious Mugshot Edition nonfungible tokens (NFTs). The strategic play involves offering a limited edition “One-of-One” trading card as a Bitcoin Ordinal, exclusively available to users who acquire 100 or more Mugshot Editions of the Trump Digital Trading Cards NFTs. However, this unique incentive comes at a hefty price, requiring enthusiasts to shell out a minimum of $9,900.
The announcement, made via X (formerly Twitter) by CollectTrumpCards, disclosed that only 200 of these Ordinals NFTs will ever be minted. This innovative fusion of NFTs and Bitcoin aims to elevate the sales of Trump’s latest NFT collection, launched on the Polygon network in December 2023.
In a recent twist, Trump, a vocal critic of Central Bank Digital Currencies (CBDCs), underscored his stance against their creation. Meanwhile, the Mugshot NFTs and the Ordinals face an unusual restriction – a trading embargo until December 2024. The project’s X account defended this limitation, asserting it aims to deter the use of these NFTs as “investment vehicles,” emphasizing their intended purpose for “individual enjoyment only.”
However, Trump’s foray into the digital collectible space continues to captivate attention, leaving potential buyers to weigh the exclusivity of the offer against the limitations imposed on their newfound acquisitions.