**News Flash: Trump and DeFi Token WLF, Challenging First Day! 🚀**
- World Liberty Financial (WLF), a DeFi protocol backed by Donald Trump, kicked off its public token sale on Tuesday, raising around $11.49 million in its first day.
- This is only around 3.8% of the ambitious $300 million target the token sale was expected to achieve.
- Data from Dune Analytics shows around 766 million WLFI tokens were sold at a price of $0.015 per token.
- The project’s website experienced a hiccup when the sale started, perhaps due to the high level of enthusiasm!
- Interestingly, despite Trump’s call for his followers to buy the token, there are only 8,699 unique wallet addresses holding WLFI so far.
- Criticism has been raised, given Trump’s focus on the project ahead of the US presidential election.
- WLF will be available to accredited investors in the US, qualified investors in the UK, and others globally.
- 63% of the tokens will be sold to the public, 17% for user rewards, and 20% for team compensation.
- The WLFI token will serve as a governance token, allowing its holders to vote on future decisions of the platform.
What do you think about this project? Let's discuss in the comments column!