Trump's Crypto Venture Faces Hurdles as Token Sale Website Crashes
World Liberty Financial's token sale struggles with technical issues, raising questions about its ambitious goals.
- The World Liberty Financial project, backed by Donald Trump and his family, aims to raise $300 million through its WLFI token sale.
- Technical issues plagued the token sale launch, with the website experiencing significant outages due to unexpected traffic.
- Despite over 100,000 accredited investors being whitelisted, only a small fraction of tokens were sold in the early hours.
- WLFI tokens are designed as governance tokens for a DeFi platform, but are currently non-transferable and restricted to accredited investors.
- The project has faced criticism and skepticism, with some viewing it as a risky venture amidst Trump's broader political and financial ambitions.