WLFI, the token launched by World Liberty Financial, was presented with significant expectations, yet its fundraising performance has significantly lagged behind initial projections.

Fans Disappoint Trump

Etherscan data reveals that only about 9% of those who registered went through with the investment. This results in less than 4% of the tokens being sold, with the current amount raised around $11.8 million, rather than the expected $300 million.

We knew that there was a lot of excitement in the marketplace. These numbers are, in my opinion, unheard of.Zachary Folkman

Technical Issues and Legal Troubles

On top of technical difficulties, regulatory choices have compounded the problem. The token is classified under Regulation D, limiting access exclusively to accredited investors. Additionally, WLFI's role as a governance token does not offer significant rewards to investors at this stage. The project has initiated the approval process with the Aave platform, but there is no guarantee of a quick resolution.

Transparency Concerns

A major issue is the lack of detailed project information. Instead of a traditional white paper, investors have been offered only a short proposal on the Aave governance forum. Furthermore, 70% of tokens are controlled by Trump and his family, which counters the principles of decentralization.

The situation surrounding the WLFI token illustrates the challenges faced by even high-profile projects. The future of such initiatives remains uncertain.