Former President Donald Trump participated in a livestream promoting his new cryptocurrency project, WLFI. While he touted the potential of the platform, key details about the project, including its functionality and tokenomics, were only revealed after several hours into the stream.
In fact, Trump promoted livestream as a “State of Crypto address,” but it wasn’t until 16 minutes later that he first mentioned the term.
“We’re going to make our country greater than ever before, and you’re going to be happy, and you’re going to love your crypto.”Additionally, it wasn’t until more than two hours into the livestream that Zak Folkman, one of the project’s key leaders, finally revealed, “there will be a token,” confirming the much-anticipated detail about the platform’s plans.
Folkman along with data strategist Chase Herro, also unveiled crucial updates about the WLFI token distribution strategy. They emphasized that the token sale would be conducted under the strict oversight of the U.S. Securities and Exchange Commission , ensuring compliance with regulatory standards.“It is just like any other DeFi project you can expect to see that’s launching now with incredibly fair token distribution.”Zak Folkman provided limited details regarding WLFI’s total supply but emphasized the token’s “incredibly fair distribution.
He disclosed that around 63% would be available for public sale, with no pre-sales or early discounted buy-ins for venture capitalists.Quite a difference!During his 45-minute address, there was a conspicuous lack of updates regarding World Liberty Financial, leaving many to wonder about the project’s future direction.As the situation continues to unfold, the question remains whether Trump will reclaim his status as the “crypto president” or if Harris will emerge as the new frontrunner.
Trump WLFI Cryptocurrency Tokenomics SEC
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Laura Loomer Promotes 9/11 Conspiracy After Joining Trump At Events Commemorating AttacksMarita Vlachou is a breaking news reporter for HuffPost based in London, United Kingdom.
Read more »
Quebec’s new housing strategy promotes volumetric modular solutionsCanada's construction news
Read more »
In New Orleans, nonprofits see new money and new inclusive approach from the NBA FoundationNEW ORLEANS (AP) — A classic summertime scene unfolded at a nonprofit's newest site. The girls' team was winning a lively indoor kickball game among young...
Read more »
In New Orleans, nonprofits see new money and new inclusive approach from the NBA FoundationNEW ORLEANS (AP) — A classic summertime scene unfolded at a nonprofit's newest site. The girls' team was winning a lively indoor kickball game among young...
Read more »
New iPhones, new U.S. election memes and a possible new age limit for social mediaPlus, a look at AI’s failure to deliver its drug discovery promises
Read more »
Wanted: Your ideas for fixing the housing marketPlus, Mélanie Joly promotes Canada’s Africa 'Something-Or-Other' in Côte d'Ivoire.
Read more »