IMPORTANT POINTS:
- Donald Trump launches World Liberty Financial: A DeFi platform that seeks to make the United States the crypto capital of the world.
- Initial Access for Accredited Investors: Currently, only US-based, non-resident accredited investors can register, with plans to expand.
- WLFI Governance Token: World Liberty Financial will issue a governance token, with 63% earmarked for public sale.
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Former US President and current Republican candidate Donald Trump has officially announced the launch of his new decentralized finance (DeFi) platform called World Liberty Financial. This project, which promises to revolutionize the financial sector through the use of cryptocurrencies, was presented to his 91.1 million followers on the social platform X, formerly known as Twitter.
Trump seeks to lead the crypto revolution
In his launch message, Trump shared a link to World Liberty Financial’s KYC (Know Your Customer) portal, emphasizing his vision of positioning the United States as the world leader in the use of cryptocurrencies.
“I promised to make America great again, and this time it will be with crypto,” Trump said in his statement. “World Liberty Financial plans to help make America the crypto capital of the world. The whitelist for eligible individuals is officially open, and this is your chance to be a part of this historic moment.”
Limited access to accredited investors
In this first phase, registration on the platform is available only to accredited investors in the United States and non-US residents. However, World Liberty Financial stressed that they will not leave out regular US investors.
In an official statement, the platform said: “We are not turning our backs on average Americans. Our mission is to bring financial freedom to everyone, regardless of their history or bank balance.” Despite the current limitations, the company indicated that they are fighting for regulatory changes that will allow all American citizens to participate in this financial revolution.
WLFI Token Launch
Recently, the Trump family confirmed that World Liberty Financial will issue a governance token called WLFI. This token will allow its holders to participate in important decision-making for the platform, such as voting and making proposals on its future development.
According to the disclosed details, 63% of WLFI tokens will be put up for public sale, while 17% will be allocated to user rewards and 20% will be reserved to compensate the development team. This approach seeks to encourage active participation and mass adoption of the token within the crypto community.
A platform with a vision for the future
World Liberty Financial is designed to be more than just a cryptocurrency investment platform. Its mission is to provide access to financial tools and opportunities that have historically been out of reach for many citizens, with the vision of generating profound change in the global financial system.
With the launch of World Liberty Financial, Donald Trump is positioning himself as a key player in the growing space of decentralized finance. His platform promises to offer accessible and democratized financial opportunities to a greater number of people, regardless of their economic status. As regulators continue to evaluate the legal framework for cryptocurrencies in the US, World Liberty Financial is presenting itself as an initiative with the potential to change the crypto landscape in the coming years.
