The World Liberty Financial (WLFI) cryptocurrency project, backed by Donald Trump and his family, is looking to open token trading, which may change the market and participation strategy.
WLFI and Tokens
World Liberty Financial (WLFI) tokenholders overwhelmingly voted to allow trading of their tokens. The project received 99.94% approval on the open platform. Initially, only a limited amount of tokens will be available for trading, with a subsequent vote needed to unlock the remaining tokens. Tokens held by founders and the team will remain locked under the approved vesting schedule.
Trump Media's Artificial Intelligence
Trump Media and Technology Group has filed two trademarks related to AI for its Truth Social platform. Under Devin Nunes' leadership, the company is creating new features to provide ‘reliable information and untapped news’. This reflects a broader trend in utilizing AI within social media. While Truth Social has limited user numbers compared to major platforms like Facebook, the company is actively exploring new technologies.
Impact of TRUMP Meme Coins on Politics
The upcoming release of 90 million TRUMP tokens, launched in January, could heighten tensions in Washington. Project founders are attempting to reorient their focus on key cryptocurrency legislation. Meanwhile, Democrats criticize the new initiatives, believing the tokens are intended to profit from Trump's public image.
The situation with WLFI and other Trump-associated projects underscores the contentious interplay between cryptocurrency and politics. Innovations in technology such as artificial intelligence and changes in tokenomics create new dynamics in both the crypto market and legislative spheres.
