{"id":26525,"date":"2024-10-15T00:00:08","date_gmt":"2024-10-15T00:00:08","guid":{"rendered":"http:\/\/108046690"},"modified":"2024-10-15T00:00:08","modified_gmt":"2024-10-15T00:00:08","slug":"trumps-crypto-coin-goes-on-sale-with-election-day-just-three-weeks-out","status":"publish","type":"post","link":"https:\/\/wp.worldtechguide.net\/trumps-crypto-coin-goes-on-sale-with-election-day-just-three-weeks-out\/","title":{"rendered":"Trump’s crypto coin goes on sale with Election Day just three weeks out"},"content":{"rendered":"
<\/span><\/p>\n Collect Trump Cards<\/p>\n Source: Collecttrumpcards.com<\/p>\n<\/div>\n<\/div>\n<\/div>\n With shares of his nascent social media business in the midst of a sharp rebound and with just three weeks until the presidential election, Donald Trump<\/span> is bringing his latest proposed money-making endeavor to market, this time in crypto.<\/p>\n On Tuesday, the former president and current Republican nominee aims to launch WLFI, the token accompanying his new crypto project called World Liberty Financial. Over the weekend, Trump pumped the sale in a post on X<\/span>, telling his followers that it’s a “chance to help shape the future of finance.”<\/p>\n Prospective investors can be forgiven for having little idea about what they’re being asked to support.<\/p>\n People involved with WLF have described it as a sort of crypto bank, where customers will be encouraged to borrow, lend and invest in crypto. No official white paper or formal business plan has been released to the public, and about all that’s been disclosed is that investing in the project will give users voting rights over the yet-to-be-launched WLF platform.<\/p>\n In a roadmap given to prospective investors that was first viewed by The Block<\/span>, the WLF proposal says the coin is looking to raise $300 million at a $1.5 billion valuation in its initial sale. CNBC reached out to WLF for comment but didn’t hear back.<\/p>\n World Liberty Financial is separate and apart from Trump Media & Technology Group<\/span>