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The promotional approach seems effective in driving sales for Trump’s latest NFT collection, limiting “one of one” ordinals to a maximum of 200 in this exclusive offer.
In a recent digital collectible endeavor, Donald Trump has introduced an unconventional non-fungible token (NFT) on the Bitcoin blockchain, priced at $9,900. Distinct from typical NFTs, this latest release comes with a caveat wherein owners face a restriction from trading it for the foreseeable future till December 2024.
Trump’s NFT initiative, revealed in a post on X, outlines a special promotion for collectors. Those willing to invest $99 each for 100 units of his “mugshot edition” NFTs, initially launched on the Polygon blockchain in December, will also receive a distinctive card presented as an ordinal – a novel NFT-like digital asset on the Bitcoin blockchain.
An announcement on social media stated, “The First Ever Trump Trading Cards officially created on the Bitcoin Blockchain!” The promotional strategy appears to boost sales for Trump’s latest NFT collection. According to the post, a maximum of only 200 “one of one” ordinals will be minted as part of this exclusive offer.
Prospective buyers should exercise caution, as the ordinals and the accompanying 100 NFTs are subject to a trading restriction until December 2024. While framed as a deterrent to consider them “investment vehicles,” this restriction also reduces their appeal as conventional NFTs.
Collectors will be able to claim their exclusive Ordinals inscriptions in the future through the inscription process on Magic Eden.
As the 2024 election approaches, Donald Trump’s continued foray into NFTs introduces novel forms of engagement in the electoral competition. According to the NFT Price Floor, the Trump Cards collection ranks 16th in the NFT Brand ranking with a total market cap of 26,576 ETH. In the last 24 hours, three cards combined for a trading volume of 66.479 ETH, achieving 366 sales, as reported by the platform.
President Trump Takes Strong Stance Against Fed’s CBDC
In a meticulously planned campaign speech previewing his upcoming address in Portsmouth, New Hampshire, former President Donald Trump underscored his commitment to thwarting the Federal Reserve’s attempts to introduce a Central Digital Bank Currency (CBDC).
The statements, acquired by The Post Millennial, showcased Trump’s apprehensions regarding the potential hazards associated with debanking and the potential for political manipulation that could accompany the rollout of a CBDC. The president also used the platform to reiterate his opposition to this financial development, aiming to address perceived risks and uphold financial stability.
“As your president, I will never allow the creation of a Central Bank Digital Currency. Such a currency would give the federal government absolute control over your money. This would be a dangerous threat to freedom – and I will stop it from coming to America. We are also going to put in place strong protections to stop banks and regulators from trying to debanks you for your political beliefs. That will never happen while I am your president,” said Trump.