World Liberty Financial (WLFI), the decentralized finance project of former US President Donald Trump, has launched its token sale.

The public sale began today and was open exclusively to participants who qualified through a whitelisting process that began in September.

The project sold over 220 million tokens to over 1,700 unique wallets within the first 20 minutes.

Despite a series of website outages during the offering, nearly 2,900 investors were able to claim 344 million tokens within the first hour.

Due to regulatory restrictions in the US, the sale is limited to accredited investors, as defined by the Securities and Exchange Commission (SEC).

To qualify, investors must have a net worth of over $1 million (not counting their homes) or annual income of at least $200,000 (or $300,000 for each spouse) over the past two years.

Trump and his team have set an ambitious goal of raising $300 million, with 100,000 accredited U.S. investors already whitelisted ahead of launch.

The WLFI token stands out from traditional cryptocurrencies like Bitcoin in that it is non-transferable and yields no interest.

Furthermore, 63% of the token’s total supply is reserved exclusively for accredited investors,