Trump coin WLFI, which went on sale today, is a bit like the ICO era of 2017 and 2018. The website is mysterious, celebrities are on the platform, and the instruction manual is very long. In general, there are a few points to note:

1. Each address can be bound to a KYC

2. Participation requires face + ID verification

3. The token is not transferable at the beginning, which is equivalent to a 12-month lock-up

4. The issuer is not DAO, but a US company

5. Only non-US citizens can purchase

If this path and impact are successful, then there will be many king-level projects in the future, and they may return to the ICO model.