World Liberty Financial, backed by the Trump family, announces the start of its public token sale on October 15. This comes just three weeks before the U.S. presidential election.
World Liberty Financial's Plans for Token Sale
Key details regarding the upcoming World Liberty Financial token sale. The sale will be limited to accredited investors in the U.S. as defined by the SEC. Accredited investors have specific wealth or income criteria. World Liberty Financial has also expressed the hope of eventually opening its platform to the general public.
Partnership with Aave as a Key Milestone
Announced by Eric Trump in August, the project has gained significant attention in the crypto world. Donald Trump has publicly supported the project as the 'Chief Crypto Advocate.' Founded by Zachary Folkman and Chase Herro, World Liberty Financial aims to implement a safe DeFi ecosystem. The partnership with Aave V3 involves exchange of governance rights and 7% of its native tokens.
Additional Information and Context
World Liberty Financial seeks to create a secure DeFi environment. The project initially gained attention due to the backing from well-known members of the Trump family and excitement around Web3 and DeFi potentials.
World Liberty Financial aims to bring significant changes to the DeFi world and shows broad ambitions to develop its project with support from the Trump family.