Donald Trump’s Crypto Project: World Liberty Financial Opens Doors
Donald Trump’s crypto project, World Liberty Financial, is finally opening its doors to users, but not all Americans are eligible to sign up.
Who Can Join?
The platform is currently open to accredited investors in the United States, defined by the SEC as individuals with a net worth of at least $1 million or an annual income of at least $200,000 for the past two years. Investors in other countries can also join without meeting the same income requirements.
Trump’s Vision
Trump has stated his desire to “Make America Great Again,” this time with crypto. He believes his project will help make America the crypto capital of the world.
What is World Liberty Financial?
World Liberty Financial is a decentralized finance (DeFi) protocol running on Ethereum. DeFi aims to replace traditional financial services like banks with faster and more efficient technologies. World Liberty Financial will offer borrowing and lending crypto services.
- Learn more about Ethereum: https://ethereum.org/
- Learn more about DeFi: https://defi.org/
Trump’s entry into the crypto world has been met with mixed reactions. Some see it as a positive step towards greater adoption of crypto in the US, while others are skeptical of his motives and the project’s long-term viability.
It remains to be seen how World Liberty Financial will perform in the crowded and competitive DeFi landscape.