Donald Trump is out together with his newest digital collectible gimmick: One thing resembling an NFT on the Bitcoin blockchain that successfully prices $9,900 however, not like regular NFTs, can’t be traded by its house owners anytime quickly.
The previous U.S. president’s NFT enterprise introduced in a submit on X that collectors who pay $99 apiece for 100 of his “mugshot version” NFTs – issued in December on the Polygon blockchain – may even get a singular card within the type of an ordinal – an NFT-like digital asset on the Bitcoin blockchain.
“The First Ever Trump Buying and selling Playing cards formally created the Bitcoin Blockchain!” learn a part of the announcement tweet thread that featured grammatical errors and non-standard capitalization.
The provide is outwardly meant to drum up gross sales of Trump’s most up-to-date NFT assortment. At max, solely 200 of those “one in every of one” ordinals can be minted, in accordance with the submit.
However purchaser beware: the ordinals, in addition to the 100 NFTs that one should purchase to get it, can’t be traded by their house owners till December 2024. The thread mentioned this limitation is supposed to limit their attraction as “funding automobiles,” however in so doing, it additionally severely denigrates their attraction as NFTs.
