Cardano Founder Warns of Trump's WLFI Project Here's What He Said đ±đȘđ©žâđđ#AirdropGuide
Charles Hoskinson, the founder of the Cardano blockchain, has expressed his concerns about the new WLFI decentralized finance (DeFi) project endorsed by former US President Donald Trump. đ„
Hoskinson discussed the potential challenges that the World Liberty Financial (WLFI) project may face. He noted that due to its ties to Trump, the cryptocurrency sector may attract increased scrutiny from US regulators. đ„
Hoskinson's warnings came in a recent interview, where he expressed his concerns about the new DeFi platform called World Liberty Financial, which is owned by Donald Trump and his sons. The initiative aims to provide financial services without traditional intermediaries such as banks or exchanges, and promises to move away from âbig, slow, old banks.â đ„
The World Liberty Financial cryptocurrency project launched earlier this week, announcing that it will keep 63% of the WLFI supply for the public. đ„
However, Hoskinson expressed concerns that the association with Trump could lead to serious regulatory consequences. He noted that partisanship will be an issue, with many political entities in the United States attacking the project over affiliations. $ADA đ„
