Former President Trump announces offer of special NFTs on Ordinals ─ Transactions by owner are restricted | CoinDesk JAPAN

10 months ago 71

Former US President Donald Trump has unveiled his latest collectible digital product. They are called Ordinals on the Bitcoin blockchain, similar to NFTs, and actually cost $9,900 (approximately 1,485,000 yen, equivalent to 150 yen to the dollar), but unlike regular NFTs, owners can immediately trade. Can not.

Trump’s NFT venture was announced on X (formerly Twitter) by a collector who purchased 100 of Trump’s “mugshot edition” NFTs, issued on the Polygon blockchain in December and priced at $99 each, from Ordinals. He announced that he would also receive unique cards in the format.

“The first ever playing card trading card has been officially created on the Bitcoin blockchain!” the post read, but the series of posts included grammatical errors and non-standard capitalization.

The Ordinals offering is clearly aimed at boosting sales of Trump’s latest NFT collection. According to the post, a maximum of 200 “one-of-a-kind” Ordinals will be issued.

However, it is important to note that the Ordinals and the 100 NFTs needed to be purchased to obtain them will not be tradeable by owners until December 2024. The posting thread states that this restriction is intended to limit its appeal as an “investment vehicle,” but it also severely undermines its appeal as an NFT.