Former President Donald Trump has launched three non-fungible token (NFT) collections, with the latest one featuring his widely circulated mugshot. The third collection, called “The MugShot Edition,” offers unique benefits to purchasers, including physical editions of the cards. Those who buy 47 cards will receive a physical card incorporating a piece of the suit Trump wore in the viral mug shot photo from his 2023 arrest in Georgia.
To boost sales for the third collection, Trump Digital Trading Cards announced the first ever Bitcoin Ordinals. Consumers who buy 100 Trump Digital Trading Cards from the MugShot Edition will receive a “one-of-one Trump Digital Trading Card” minted as a Bitcoin Ordinal. There will only be 200 of these 1/1 Bitcoin Ordinals, with 99 left to purchase.
Bitcoin Ordinals are similar to NFTs and allow users to store text, images, and other data on the Bitcoin blockchain. Each Satoshi, the smallest denomination on the Bitcoin blockchain, has a serial number related to its mining order.
Instructions on how to claim the Bitcoin Ordinal will be provided at a later date, and the process will be facilitated by Magic Eden. The news of the Trump Bitcoin Ordinals is interesting given Trump’s mixed record with the leading cryptocurrency. In a tweet from July 2019, he stated, “I am not a fan of Bitcoin and other cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air.”
The NFT collections were minted on the Polygon network, and users could pay for the NFTs with Ethereum or a credit card. Each collection was priced at $99 for the NFTs. The first two collections referenced Trump being the 45th president of the United States and running for the 47th presidency in 2024. The terms and conditions for the third collection indicate a size of 100,000 NFTs, with 47,479 NFTs sold at the time of writing.
Similar to the first collection, buyers of a certain number of NFTs in the third collection are invited to a dinner gala with the former president at the Mar-a-Lago resort. There are a maximum of 2,024 physical suit piece cards available, with 25 of them randomly autographed by Trump. Collectors who purchase 100 NFTs receive two tickets to the dinner gala and two physical cards, one with a piece of the suit and the other with a piece of the suit and tie worn in the mugshot.
It’s worth noting that the new “Trump Digital Trading Cards: MugShot Edition” cannot be transferred until December 31, 2024, which may impact demand for the collection. The price of Trump Digital Trading Cards currently ranges from 0.315 Ethereum (around $766) for the first collection to 0.0412 Ethereum (around $100) for the second collection.
Overall, Trump’s foray into the NFT market has generated significant interest and sales, with each collection offering unique benefits and experiences for buyers. The addition of Bitcoin Ordinals to the latest collection aims to further drive sales and create a sense of exclusivity for collectors.
