Donald Trump’s digital trading card collection, CollectTrumpCards, is embracing the Bitcoin Ordinals framework. This innovative move heralds the debut of the first-ever Trump collectibles on Bitcoin, injecting a fresh dynamic into the NFT (Non-Fungible Token) landscape.
Through an announcement on X (formerly Twitter), the official account revealed this strategic integration, stating, “TRUMP DIGITAL TRADING CARDS on BITCOIN ORDINALS. The FIRST EVER Trump Trading Cards on Bitcoin”
TRUMP DIGITAL TRADING CARDS on BITCOIN ORDINALS 🟧 The FIRST EVER Trump Trading Cards on Bitcoin. Read this thread ⬇️
— CollectTrumpCards (@CollectTrump) January 18, 2024
The collection, known for encapsulating crucial moments from the 45th US President’s life and career, now intersects with the novel concept of Ordinals. Unlike traditional NFTs, Bitcoin Ordinals offer a method to inscribe data such as art, collectibles, or, in this case, trading cards, directly onto the Bitcoin blockchain, ensuring an immutable record.
The venture introduces an enticing offer: collectors purchasing 100 Trump Digital Trading Cards (each $99) using Wrapped ETH (WETH) on CollectTrumpCards.com, specifically the “MugShot Edition,” are granted a One-of-One Trump Digital Trading Card as a Bitcoin Ordinal.
The scarcity factor is a crucial selling point, with the announcement emphasizing, “Only 200 of these 1/1 Trump Digital Trading Cards MugShot Edition Bitcoin Ordinals will EVER exist in the world. Each is a One-Of-One.”
This exclusivity is further highlighted by the limited availability; as the announcement notes, “Of the 200, only 99 are left to purchase with crypto (WETH) on http://CollectTrumpCards.com (And if you’re one of the 101 that already Purchased, You’ll get your Ordinal!).”
However, collectors are cautioned about the trading restrictions imposed on these digital assets. As stated, “All Trump Digital Trading Cards: MugShot Edition, are non-transferrable until December 31, 2024,” underlining their status as collectibles rather than investment commodities.
From a financial perspective, the $9,900 price tag per card positions these assets uniquely in the market, especially considering the trading moratorium in place until December 2024. While this restriction emphasizes the collectible nature of the cards, it also curtails their liquidity and conventional appeal as NFTs.
The initiative seems poised to bolster sales for Trump’s latest NFT collection, with the uniqueness and limited number of “one of one” Ordinals acting as key drivers. Additionally, the future opportunity to claim these exclusive Ordinals inscriptions through Magic Eden offers an extended engagement prospect for collectors.
Trump Speaks Out Against CBDCs Amidst these developments, Donald Trump’s political maneuvers, particularly his stance against the Federal Reserve’s Central Digital Bank Currency (CBDC), have caught the attention of the crypto community in recent days.
In his words, “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.”
At press time, BTC traded at $41,394.
BTC price faces key resistance, 4-hour chart | Source: BTCUSD on TradingView.com Featured image from The Dallas Morning News, chart from TradingView.com