World Liberty Finance (WLF), the decentralized finance (DeFi) platform backed by former President Donald Trump and his family, is set to launch its public sale of $WLFI tokens on October 15.
The project World Liberty Finance has gained attention from both the crypto community and traditional investors due to its innovative DeFi plans and the involvement of prominent political figures. With a goal to raise $300 million, WLF aims to establish itself as a key player in the DeFi space.
If you’re looking to participate in this public sale and become part of the World Liberty Finance community, here’s everything you need to know about eligibility.
Details of the World Liberty Finance Public Sale
On October 15, World Liberty Finance will offer 20% of its total token supply through the public sale, which is expected to raise $300 million, placing the platform at a fully diluted valuation of $1.5 billion. The whitelist for this sale, which opened on September 30, has already seen thousands of sign ups within its first day, reflecting the high demand from investors globally.
Donald Trump recently tweeted about the upcoming World Liberty Finance token sale, which will go live on Tuesday, October 15th. He highlighted that this is your chance to play a role in shaping the future of finance. Trump also invited everyone to join a special Twitter Spaces event on Monday, October 14th, at 8 AM EST to get more details. He encouraged people to sign up for the whitelist and be ready for Tuesday, calling it a huge opportunity for the future of decentralized finance.
Token Lock Period and Vesting Schedule
One important aspect of the World Liberty Finance token sale is the 12-month lock-up period. This means that if you participate in the sale, your tokens will be locked and non transferable for a full year, The vesting and release schedule for after the 12 months are still unknown. Without clear information on how tokens will be distributed or released after the lock up period, investors need to be prepared for some uncertainty.
Tokenomics
The tokenomics of the project are structured in a way that makes this sale very appealing but also comes with its own set of risks. Around 63% of the total token supply will be sold during this public round, which is a significant portion. The total supply of $WLFI tokens is split into three main parts,
- 63% allocated for public sale
- 17% reserved for user rewards
- 20% allocated for the project team.
The public round itself is set at a valuation of $1.5 billion, with the project aiming to raise $300 million. Given the size of this sale, it is expected that multiple rounds will follow, possibly at higher valuations, which could push the total market cap of the project to as much as $3 billion or more in subsequent rounds. However, it’s essential to keep in mind that valuations and demand are subject to market conditions.
There’s a lot of excitement about the upcoming Twitter Spaces event for $WLFI, especially regarding the VIP guests. If you take a closer look at the teaser images, you can see someone who looks like Elon Musk on one side and Donald Trump on the otherside.
This has created significant interest because their partnership could greatly impact the crypto space. Recently, Musk Attended a Political Campaign for Trump, where they discussed technology and politics, showing that they are getting closer. If Musk really does join Trump to support World Liberty Finance, it could be a big deal for the project. Their combined influence could attract significant attention and highlight the growing connection between technology, crypto, and politics.
How to Become Eligible for the World Liberty Finance Token Sale
To participate in the $WLFI token sale, The key steps to ensure your participation are:
- Join the Whitelist: The Whitelist for the $WLFI public sale began on September 30 and is still open. Thousands of investors have already signed up, so securing your spot as soon as possible is essential. The whitelist is available to individuals who meet specific qualifications, such as accredited investor status in the U.S. or qualified investor criteria in the UK.
- Accredited and Qualified Investors: As this is a regulated sale, U.S. participants must be accredited investors, meaning they meet the financial criteria set by the U.S. Securities and Exchange Commission (SEC). This generally includes individuals with a net worth of over $1 million or an annual income of more than $200,000. For UK participants, the sale is open to those who qualify under UK financial regulations. International participants will need to adhere to their country’s specific requirements.
- Complete KYC Verification: To ensure compliance with global regulatory standards, World Liberty Finance requires all participants to complete Know Your Customer (KYC) verification. This process helps verify your identity and ensures that only eligible investors can take part in the public sale. KYC verification usually involves providing proof of identity, such as a passport or government issued ID, and may take a few days to process, so it’s recommended to complete this step early.
- Prepare Your Wallet: WLFI tokens will be distributed through the Ethereum network, so you will need an Ethereum compatible wallet to participate. Platforms like MetaMask or hardware wallets such as Ledger and Trezor are commonly used for purchasing and storing Ethereum based tokens. Make sure that your wallet is set up and ready before the public sale starts.
- Sufficient Funds in ETH or Stablecoins: The sale will likely require payment in Ethereum (ETH) or stablecoins like USDC and USDT. Make sure your wallet is funded with enough to cover your purchase, as well as any potential network fees for transactions on the Ethereum network.
As the upcoming public sale of $WLFI tokens by World Liberty Finance marks a vital moment for the project and the broader DeFi ecosystem. With its Trump family backing and plans to offer innovative lending and borrowing solutions on Ethereum and Scroll networks, WLF is generating considerable interest from both the crypto world and traditional finance. By joining the whitelist and meeting the necessary eligibility requirements, you can secure your place in the $WLFI token sale and be part of the future of decentralized finance.
