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Donald Trump’s NFT Collection Coming to Bitcoin Ordinals

source-logo  beincrypto.com 19 January 2024 08:30, UTC

New Donald Trump NFTs are coming to Bitcoin Ordinals. Users who buy 100 Trump Digital Trading Cards using wrapped-ETH (wETH) on CollectTrumpCards.com will receive an accompanying Ordinals inscription.

Each “Mugshot Edition” Trump Digital Trading Card is unique. The collection of 200 cards will be the only Trump collection on the Bitcoin network.

New Trump NFT Collection Follows Indictment

Collectors will be able to claim their Ordinals at a later date. The buyer must have an operational self-custody wallet to claim the trading card. The trading card NFT itself is issued on Polygon, according to a December announcement.

Read more: Bitcoin NFTs: Everything You Need To Know About Ordinals

According to CollectTrumpCards.com, buyers must have enough wETH to pay for their trading cards. Wrapped-ETH is the version of Ethereum that traders can use on an ERC-20 compatible blockchain. According to the terms and conditions, buyers can only trade the cards on marketplaces starting in December 2024.

The launch of the Bitcoin Ordinals collection comes several months after Donald Trump was charged with manipulating the 2020 US elections. He said in December that anyone who bought 47 cards would get a physical piece of the suit Trump wore when his mugshot was taken and enjoy a dinner at his home in Florida.

Sales of Existing Collections Are Up in the Past 24 Hours | Source: CryptoSlam

Read more: What Are NFT Trading Cards?

NFT INT LLC sells the Mugshot NFTs. According to the company, the proceeds from the NFT sales do not go to any political campaign. An April court filing revealed that Trump had licensed his likeness for a previous collection to NFT INT LLC.

Trump Campaign Involves Crypto Investor

Trump raked in millions of dollars from previous collections despite his prior criticism of cryptocurrencies as “dangerous.” However, his opposition to central bank digital currencies (CBDCs) aligns with anti-surveillance ideologies espoused by crypto-friendly presidential candidates, including Robert F. Kennedy.

“Such a currency would give a federal government – our federal government – absolute control over your money.They could take your money, and you wouldn’t even know it was gone.”

As a result, many see his campaign for the Republican nomination ahead of the November 2024 US elections as a net positive for crypto. His transition executive committee employs Peter Thiel, a Bitcoin venture capitalist, who is working to identify Cabinet candidates who can engage with the tech industry.

However, the executive director of the Center for Media and Democracy, Lisa Graves, said if Trump wins, it is “unbelievable” that Thiel wouldn’t create policies to benefit his own financial interests.

“The potential for rewards for changing policies, to benefit Thiel, are enormous.”

Do you have something to say about the Donald Trump NFT trading cards, whether his re-election could be good for crypto, or anything else? Please write to us or join the discussion on our Telegram channel. You can also catch us on TikTok, Facebook, or X (Twitter).

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