Donald Trump's latest foray into the digital asset market involves an intriguing offer linked to his Mugshot Edition NFTs.
His team has recently announced that enthusiasts who purchase 100 or more of these NFTs will be rewarded with a unique "One-of-One" trading card minted as a Bitcoin Ordinal.
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On January 18th, the news was revealed by the CollectTrumpCards account in a post on X (formerly Twitter).
This initiative sets a high bar for collectors. To qualify for one of the 200 exclusive Ordinal NFTs, a collector needs to invest significantly, with each Mugshot NFT priced at $99. This means an outlay of at least $9,900 is required.
The Mugshot Edition NFTs, which debuted in December 2023 on the Polygon network, were made available for purchase using credit cards or Wrapped Ether (WETH). However, a notable caveat accompanies these NFTs and the Ordinals: they are not tradable until December 2024.
As explained by the project's official X account, this restriction aims to deter investors from using these NFTs as investment tools, focusing instead on their value for "individual enjoyment."
This is not the first nor probably the last time Donald Trump is releasing non-fungible token (NFT) collections to the world. The former president first launched his NFT collection called the Trump Digital Trading Cards in December 2022. The second round of these cards was launched in April 2023, shortly after the first launch recorded a noticeable success.
