How will the token distribution be?
#donaldtrump , who faced another assassination attempt over the weekend, gave the support of crypto stars and talked about his new project with the Space broadcast on X at night.
Stating that the Biden government and the SEC have a hostile attitude towards cryptocurrencies, as he has said many times before, Trump took part in 40 minutes of the approximately 2-hour broadcast.
Trump said that hell is possible in the #US in the crypto world where Kamala Harris won the election and that those currently under SEC investigation will become much more difficult. The presidential candidate also said that there is a possibility that the US will lose its advantage in this area to China.
9 episodes were in preparation In the 2-year-long broadcast, Trump spoke for about 40 minutes and the technical details were reserved for other founders and executives. After Trump's sons Eric Trump and Donald Trump Jr. also spoke, other executives took the floor.
Steve Witkoff, one of the founders who has been a long-time friend of Trump and has expertise in real estate, said that he is in the preparation phase for the 9th hearing. Later, Chase Herro and Zachary Folkman were taken over to provide details.
What will be the status of the token?
Folkman's current information detailed the token transactions. Folkman gave information about the storage of a pre-sale or mass storage by expanding the project's administrative token WLFI.
According to the details; 63% of the #WLFI token will be offered for sale generally, while 17% will be reserved for World Liberty Financial (WLF) users and rewards. The remaining 20% will be distributed in managers and packages.
The token is according to the maturity terms of the SEC's Regulation D. Regulation D allows the raising of capital through securities (providing certain conditions) without registering with the SEC in the first place. Folkman said that this choice arose due to being in the crypto industry in the US.
World Liberty Financial, where people can get loans, offer and invest in crypto, has added important names in the crypto sector to its structure. These names included Scroll co-founder Sandy Peng and Polychain Capital friend Luke Pearson.
