Trump-backed World Liberty Financial courts crypto teams for token swaps
World Liberty Financial, the crypto platform supported by Donald Trump, is actively seeking blockchain teams for 'token swap' agreements. The company proposes to blockchain teams to purchase at least $10 million worth of WLFI tokens, for a 10% fee, and in return, World Liberty Financial will purchase an equivalent amount of the blockchain's native token. The WLFI tokens are valued at a $1.5 billion fully diluted valuation, with a focus on partnerships that can contribute strong technical metrics. The platform, which plans to assist users in accessing third-party DeFi applications, is set to launch in Q3 this year. Presently, users can only buy WLFI tokens on their website, with about 24 billion tokens sold at $0.05 each. An affiliation with Donald Trump entitles his family to significant revenue from the project, amounting to 60% of equity and a substantial share of WLFI tokens. The token swap deals are being conducted on a first-come, first-served basis, prioritizing projects with strong promises.
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