Former U.S. President Donald Trump has launched yet another series of digital collectibles, sparking controversy in the cryptocurrency community.<\/p>\n
Trump\u2019s latest creation is hosted on the Bitcoin (BTC)<\/a> blockchain but has a unique twist.<\/p>\n <\/span> In a recent post on X<\/span><\/a>, the official Trump Cards account said collectors who are willing to invest $99 for 100 of the \u201cmugshot edition\u201d NFTs, which were issued on the Polygon blockchain in December, will also receive a unique digital card, known as an \u201cordinal,\u201d on the Bitcoin blockchain.<\/p>\n Trump\u2019s announcement on social media touted these as \u201cThe First Ever Trump Trading Cards officially created on the Bitcoin Blockchain!\u201d<\/p>\n TRUMP DIGITAL TRADING CARDS on BITCOIN ORDINALS The FIRST EVER Trump Trading Cards on Bitcoin. Read this thread <\/p>\n \u2014 CollectTrumpCards (@CollectTrump) January 18, 2024<\/a><\/p>\n However, the announcement thread featured grammatical errors and non-standard capitalization, drawing further attention to the venture.<\/p>\n The catch is that only 200 of these \u201cone of one\u201d Ordinals will be minted.<\/p>\n This limitation, supposedly aimed at preventing them from being seen as \u201cinvestment vehicles,\u201d has paradoxically diminished their appeal as NFTs in the eyes of potential buyers.<\/p>\n <\/span> The NFT collection features a series of digital \u201ccards\u201d depicting Trump in various iconic poses and situations, which include Trump as a muscle-bound wrestling champion, Trump holding a basketball, and even Trump in space.<\/p>\n Donald Trumps in 2021: Crypto is dangerous. It can be an explosion like we have never seen before.<\/p>\n Donald Trump in 2022: I\u2019m doing my first official NFT collection. pic.twitter.com\/lHRxWUYNqw<\/a><\/p>\n \u2014 Altcoin Daily (@AltcoinDailyio) December 15, 2022<\/a><\/p>\n According to data from OpenSea, the series of NFTs has generated over $26 million in trading volume.<\/p>\n Trump launched his second series of Trump Trading Cards in August last year, which also sold out immediately after release.<\/p>\n The second collection featured 47,000 tokens, each with a price tag of $99, this time with limited one-of-one NFTs and autographed cards. On the official Trump Trading Cards website, it says that CIC Digital LLC allowed NFT INT LLC, the company behind the NFT project, to use Trump\u2019s likeness, name, and image<\/a> under a paid licensing agreement.<\/p>\n The project\u2019s website also claims that funds raised from the NFTs won\u2019t be used for Donald Trump\u2019s presidential campaign.<\/p>\n In an April filing, Trump revealed that he has raked in up to $1 million<\/span><\/a> from the sales of his digital trading cards.<\/p>\n The filing was part of his personal financial disclosure with the Federal Election Commission, which also showed that the American politician earned millions from speaking engagements.<\/p>\n According to the filing, Trump holds the position of \u201cmanager, president, secretary and treasurer\u201d at CIC Digital LLC and CIC Ventures LLC.<\/p>\n The post Donald Trump\u2019s Bitcoin Oridnals NFT Collection Sparks Controversy<\/a> appeared first on Cryptonews<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Former U.S. President Donald Trump has launched yet another series of digital collectibles, sparking…<\/p>\n","protected":false},"author":0,"featured_media":20961,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-20960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"_links":{"self":[{"href":"https:\/\/marketmakersjournal.com\/wp-json\/wp\/v2\/posts\/20960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/marketmakersjournal.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/marketmakersjournal.com\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/marketmakersjournal.com\/wp-json\/wp\/v2\/comments?post=20960"}],"version-history":[{"count":0,"href":"https:\/\/marketmakersjournal.com\/wp-json\/wp\/v2\/posts\/20960\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/marketmakersjournal.com\/wp-json\/wp\/v2\/media\/20961"}],"wp:attachment":[{"href":"https:\/\/marketmakersjournal.com\/wp-json\/wp\/v2\/media?parent=20960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/marketmakersjournal.com\/wp-json\/wp\/v2\/categories?post=20960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/marketmakersjournal.com\/wp-json\/wp\/v2\/tags?post=20960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Trump Digital Trading Cards on Bitcoin Ordinals Come with Limitations<\/h2>\n
\nWhat sets these digital collectibles apart is that they cannot be traded on their owners until December 2024. This limitation has left many enthusiasts scratching their heads.<\/p>\nDonald Trump\u2019s Foray in NFTs and Digital Collectibles<\/h2>\n
\nAs reported<\/span><\/a>, the former president released the NFT collection, dubbed \u201cTrump Cards,\u201d in December 2022.<\/p>\n
\nSpeculation surrounding the ownership of the NFT projects has been rampant since its initial release.<\/p>\n