World Liberty Financial (WLF) has launched a public token sale. On the 14th (local time), World Liberty Financial launched a public token sale on social media platform X (formerly
Twitter) and revealed that it has received pre-registration from over 100,000 people.
Zak Folkman, project manager
Folkman said on X-Space Broadcast, "WLFI token is an Ethereum-based ERC-20 token and will be used as a governance asset for the DeFi platform.
"The project will work together as a team," he said.
Witkoff reiterated what he shared in a blog post on the 11th of last month, saying, "This platform
The platform will provide users with the ability to lend and borrow crypto assets, create and interact with liquidity pools, and transact with stablecoins."
The project has targeted its token sale at accredited investors, meaning only high-income investors approved by the Securities and Exchange Commission (SEC) in the United States can use the platform.
These people are mainly those who earn more than $200,000 a year or have assets worth more than $1 million.
Hero said Paxos co-founder Rich Teo will join the team as head of stablecoins and payments.
WLFI's token sale began just three weeks before the US presidential election on November 5. If Trump wins, he has announced that he will be the first US president to hold the 2020 Token Sale.
It has pledged to make the country the "cryptocurrency capital" of the world.
2024/10/15 16:59 KST
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