Donald Trump, former president of the United States, faces significant challenges on his path to becoming a successful entrepreneur in the Web3 field. We discuss the main difficulties and their overcoming.
Donald Trump's Plans in Web3
On October 13, Ki Young Ju, CEO of CryptoQuant, expressed skepticism regarding Trump's plans to launch the public sale of his altcoin WLFI. The statement was made on the X platform. The sale is scheduled for October 15, with details to be revealed in a live broadcast the day before.
Challenges on the Road to Success
Ju pointed out that Trump will face intense scrutiny similar to that experienced by blockchain investigator ZachXBT. Success will require not only the development of the altcoin but also an engaging presence on social media, using bold and sometimes self-aggrandizing tweets to connect with audiences. Maintaining support for WLFI's price is crucial.
The Importance of Trust and Security
Ju also noted that securing listings on cryptocurrency exchanges poses another significant hurdle for Trump. One key task is ensuring the security of wallets and smart contracts to enhance trust in the project.
Donald Trump's plans to launch WLFI attract interest but also entail significant risks and challenges. His success as a Web3 entrepreneur will depend on his ability to overcome these difficulties and earn the community's trust.