Former U.S. President Donald Trump’s DeFi project, World Liberty Financial (WLFI) has launched its token sale.
The public sale started today and was open exclusively to participants who have qualified through a whitelist process that kicked off in September.
The project sold over 220 million tokens to more than 1,700 unique wallets within the first 20 minutes.
Despite a series of website outages during the rollout, nearly 2,900 investors managed to acquire 344 million tokens within the first hour.
Due to regulatory constraints in the U.S., the sale is limited to accredited investors, as defined by the Securities and Exchange Commission (SEC).
To qualify, investors must have a net worth over $1 million (not counting their home) or an annual income of at least $200,000 (or $300,000 with a spouse) for the past two years.
The WLFI coin is the governance token for the DeFi…
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