World Liberty Financial, the new decentralized finance platform will be launched This Tuesday, October 15 at 2 p.m. (French time), by Donald Trump and his family, and the first token sales will take place, but be careful, it's not for "Mr. Average"
To participate, you must:
-Be an accredited investor under SEC standards
-Have a net worth of at least $1 million
-Have been previously registered on the project whitelist
As a reminder, the World Liberty Financial platform aims to:
-Stimulate mass adoption of cryptocurrencies
-Offer an alternative to traditional banks
-Allow users to borrow and lend cryptocurrencies
-Using cryptos as collateral to obtain loans
The launch is done in 3 steps:
-Initial fundraising of $300 million via the sale of 20% of the tokens, (Targeted capitalization of $1.5 billion)
-Launch of a credit card based on stablecoins
- Implementation of a tokenization system for real assets (hotels, sports clubs)
The launch illustrates Donald Trump's about-face on cryptocurrencies. Once a critic, he now presents himself as a staunch defender of digital currencies, and presents himself as a "pro-innovation and pro-bitcoin president" if re-elected, three weeks before the US presidential election...
