Former U.S. President Donald Trump has joined the trend of cashing out earnings from non-fungible tokens (NFTs). He added his notorious mugshot NFT to his collection in August and has been gradually selling them off in December. In addition to Trump’s NFT venture, there has been a debate surrounding the concept of ordinals in the NFT space, and Elon Musk has provided a humorous inscription on a song.
Donald Trump Cashes Out NFT Earnings
Former President Donald Trump has made strides in the world of non-fungible tokens (NFTs). He included his infamous mugshot in his NFT collection back in August and is now gradually cashing out his earnings. The ex-president’s mugshot NFT depicts his booking photo after an arrest in 2019. Trump’s NFT collection also includes other imagery related to his presidency. While the exact amount earned from the sales is unknown, it is clear that Trump has hopped onto the NFT bandwagon alongside many other celebrities and public figures.
The Ordinals Debate in the NFT Space
Within the NFT community, there has been a lively discussion surrounding the use of ordinals. This debate revolves around the numbering system used in NFT collections, particularly whether sequential or non-sequential numbering is preferred. Some collectors believe that sequential numbering adds to the sense of rarity and uniqueness of an NFT, while others argue that using sequential numbers restricts creativity and limits the potential value of the art. Despite the ongoing debate, it is ultimately up to the individual artists and creators to decide how they want to number their NFTs.
Elon Musk Inscribes a Song with Humor
Elon Musk, the famous entrepreneur and CEO of companies like Tesla and SpaceX, has added a humorous touch to the NFT space. He inscribed a song titled “Don’t Doubt Ur Vibe” with a playful message. The inscription reads, “Vanity Trophy Hooray! Winner of Human NFT.” This inscription not only adds a whimsical element to the NFT but also highlights Musk’s playful personality and his interest in the digital asset space.
Key Points:
– Donald Trump has joined the NFT trend by adding his infamous mugshot to his collection and gradually cashing out his earnings.
– The debate surrounding ordinals in the NFT space revolves around whether sequential or non-sequential numbering is preferred.
– Elon Musk has inscribed a song with a humorous message, showcasing his playful personality and interest in the NFT world.