In a surprise move that’s shaking up both the crypto and political world, World Liberty Financial, the decentralized finance (DeFi) brainchild backed by former President Donald Trump, will kick off its long-awaited token sale next week. Announced on Twitter—now known as X—this Friday, the sale will go live on Tuesday, October 15. But here’s the catch: only accredited investors, those elite few with at least $1 million in net worth or a hefty annual salary, get access. For now, it’s U.S.-only.
Whitelist-Only Sale for the Crypto Big Leaguers
Prospective whales had the chance to get on the whitelist since September, but the door’s about to close for anyone who didn’t sign up. These exclusive investors are pre-qualified to throw their weight around in World Liberty Financial’s ecosystem. The U.S. Securities and Exchange Commission (SEC) says accredited investors must have either a $1 million net worth or an annual income of $200K solo or $300K with a partner for two years running—and that’s without counting their home value.
So, what’s the big deal with this DeFi platform? Trump’s son, Eric, first lit the fuse on this Ethereum-based project back in August. From what insiders are saying, it aims to dominate the borrowing and lending side of decentralized finance, promising to bring traditional financial services to the blockchain. Talk about ambitious—this thing’s gunning to be the top dog globally.
DeFi: Risks, Rewards, and Trump’s Crypto Dream
DeFi’s no playground for the faint of heart. Uniswap’s out there as the poster child of decentralized exchanges, but hacks and security breaches run rampant in this wild west of crypto. So naturally, Trump’s platform is set to face its share of skeptics. But hey, they’re not shooting for low-hanging fruit.
Trump’s metamorphosis from crypto skeptic to die-hard supporter raises eyebrows, too. He’s gone from saying he’s “not a fan” of Bitcoin to pushing for America to mine the remaining BTC. And now, with World Liberty Financial in his corner, he’s talking about making the U.S. the crypto capital of the world.
Crypto whales are watching—can Trump’s DeFi gamble pay off?
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