Former U.S. President Donald Trump is making waves in the world of nonfungible tokens (NFTs) by enticing collectors with a unique offer.
Trump’s NFT collection, known as the “Mugshot Edition,” has introduced an exclusive reward for those who purchase more than 100 NFTs from the collection.
This reward comes as “One-of-One” trading cards, classified as Bitcoin Ordinals, creating a buzz among NFT enthusiasts.
Exclusive Bitcoin Ordinals reward for Trump’s Mugshot NFTs
The team responsible for curating Trump’s NFT collection recently disclosed that buyers who acquire 100 or more Mugshot editions of the Trump Digital Trading Cards NFTs will qualify for these special Bitcoin Ordinals.
It’s essential to note that only 200 unique Ordinals NFTs will ever be minted, and they will exclusively be available to those who have invested a minimum of $9,900 in the Mugshot NFTs.
Trump’s “Mugshot” collection made its debut in December on the Polygon (MATIC) network, offering potential buyers the option to make purchases using a credit card or Wrapped Ether (WETH).
However, an interesting twist is that the Mugshot NFTs and the Ordinals cannot be traded until December 2024. The project’s official account cited this restriction as a measure to discourage using these NFTs as “investment vehicles” and emphasized that they are intended for “individual enjoyment only.”
Pudgy Penguins set new all-time-high as NFT market shifts
In a contrasting turn of events, the Pudgy Penguins NFT collection recently achieved a remarkable milestone by reaching an all-time high floor price of 19.05 ETH, equivalent to approximately $47,000,
This surge in value demonstrates the dynamic nature of the NFT market, with the Penguins’ floor price skyrocketing from 10.78 ETH to 17.8 ETH in just seven days.
The Pudgy Penguins’ rapid ascent stands out in a market where several prominent NFT collections, including the Bored Ape Yacht Club, have been experiencing declines in their asset values. This development highlights the unpredictability and potential for significant gains within the NFT space.
Exclusive Bitcoin Ordinals reward spurs interest in Trump’s NFT collection
Donald Trump’s decision to incentivize collectors with exclusive Bitcoin Ordinals has stirred significant interest in his controversial “Mugshot Edition” NFT collection. By offering these rare Ordinals NFTs as a reward, Trump’s NFT team aims to bolster sales and attract more buyers to the collection.
The allure of owning one of only 200 Bitcoin Ordinals, combined with the exclusivity of the offer, has created a sense of urgency among potential investors.
To be eligible for this unique opportunity, buyers must invest a substantial sum, further driving interest and demand for Trump’s Mugshot NFTs.
While the Mugshot NFTs have been met with mixed reactions since their launch, this latest marketing strategy demonstrates the evolving tactics employed within the NFT ecosystem to entice collectors and enthusiasts alike.