Donald Trump’s NFTs Hold Limits Current Ones Don’t

Donald Trump is out along with his most up-to-date digital collectible gimmick: Something akin to an NFT on the Bitcoin blockchain that successfully costs $9,900 but, no longer like weird and wonderful NFTs, can no longer be traded by its householders anytime soon.

The earlier U.S. president’s NFT venture announced in a post on X that collectors who pay $Ninety nine apiece for 100 of his “mugshot edition” NFTs – issued in December on the Polygon blockchain – can even salvage a uncommon card within the salvage of an ordinal – an NFT-care for digital asset on the Bitcoin blockchain.

“The First Ever Trump Trading Playing cards officially created the Bitcoin Blockchain!” be taught portion of the announcement tweet thread that featured grammatical errors and non-weird and wonderful capitalization.

The offer is outwardly intended to drum up gross sales of Trump’s most up-to-date NFT sequence. At max, handiest 200 of these “one in every of one” ordinals will likely be minted, in accordance to the post.

But purchaser beware: the ordinals, as successfully because the 100 NFTs that one must aquire to salvage it, can no longer be traded by their householders except December 2024. The thread said this limitation is meant to restrict their appeal as “funding automobiles,” but in so doing, it also severely denigrates their appeal as NFTs.