Trump Family Crypto Project Reveals Buying Details

In a recent event hosted by Republican former President Donald Trump, the team behind the new crypto project, World Liberty Financial, unveiled key details about the upcoming tokens and their distribution. The project promises to be a crypto banking platform where users can borrow, lend, and invest in crypto, with the accompanying token called WLFI. The equity structure for the tokens will allocate 20% to the founding team, 17% for user rewards, and 63% for public purchase. Notably, there will be no pre-sales or early buy-ins for the tokens.

The token offering will follow Regulation D of the Securities and Exchange Commission, allowing the project to raise capital without registering their securities. During the event, Trump discussed the SEC’s approach to the digital currency industry, expressing concerns about the regulatory environment. The project aims to democratize finance and provide opportunities for those who struggle to access credit.

The founders of World Liberty Financial include members of the Trump family, such as Donald Trump Jr., Eric Trump, and Barron Trump, along with Steve Witkoff and his son. While the Trumps will receive compensation from the project, they will not own or operate the platform. Witkoff and Eric Trump are leading the project, despite being new to the crypto industry.

The event shed light on the project’s origins, with Witkoff explaining how they brought the Trump family together with crypto entrepreneurs to pursue the venture. The project’s white paper listed specific roles for each family member, emphasizing their involvement in different aspects of the project. However, the platform itself is not controlled by the Trump family.

As the project unfolds, details will be shared on official social media channels to keep supporters informed and prevent falling for scams. The launch of World Liberty Financial marks a significant step in Donald Trump’s relationship with the crypto industry, reflecting his growing interest in the sector. With the support of prominent figures in crypto, the project aims to revolutionize finance and provide new opportunities for users.