🗓 Weekly Digest: Trump's and FIFA's NFT Collections, Digital ID on Blockchain in China, and More

✅ Donald Trump Launches Mugshot Edition NFT Collection

According to the official website, one token from the collection is priced at $99. Individuals purchasing 47 NFTs in a single transaction will receive a physical card containing a part of the suit Trump wore during his arrest in Georgia in August 2023. Among the owners of this "digital art," a series of prizes will be awarded, including the opportunity to dine with the former U.S. president.

✅ Blockstream CEO Predicts Bitcoin Price Surge to $100,000 in 2024

According to Adam Back, Bitcoin is lagging behind the values it exhibited before previous halvings. The expert identified three main factors influencing this: Covid-19, quantitative easing policies in the U.S. and Europe, and local conflicts.

These factors have impacted not only the market but also investor behavior, according to Back. The need for careful risk management led many asset managers to sell more liquid positions. The recent rally in the Bitcoin market is seen as the first sign that the influence of these macroeconomic events is diminishing. Consequently, the expert believes that the asset will reach a new all-time high in 2024.

✅ China Announces Blockchain-Based Digital ID Project

The Blockchain Service Network (BSN) in collaboration with China's Ministry of Public Security is working on the RealDID project. RealDID is expected to allow users to register and authenticate anonymously using decentralized keys. BSN has referred to the project as the world's first national digital ID system.

The project aims to cover 1.4 billion individuals and seeks to separate business data from personal information, enhancing user confidentiality.

✅ FIFA Releases New NFT Collection

On December 15, 2023, the International Federation of Association Football (FIFA) released 100 NFTs, including tokens with the chance to win tickets to the 2026 World Cup. The collection is dedicated to the upcoming 2023 Club World Cup in Saudi Arabia.

The first hundred NFTs from the FIFA+ set will be issued on the Algorand blockchain. During the second phase of launching digital collectibles under the federation's auspices, an additional 900 tokens will be released on Polygon and made available for purchase on the OpenSea marketplace. The collection includes items capturing memorable football moments and digital versions of iconic tournament-related items.