ChainCatcher news, according to Coindesk, a regulatory document shows that Trump's crypto project World Liberty Financial has significantly reduced its fundraising target after its WLFI token sales fell far short of initial goals. The company now plans to raise up to $30 million from investors, a 90% reduction from the $300 million originally sought by World Liberty Financial.

ChainCatcher news, Infinex founder Kain Warwick stated that the lackluster sales of the Trump-related World Liberty Financial project are due to "the market sentiment has shifted," moving away from ICO-style token financing and towards meme coins.Warwick pointed out: "If Trump had launched World Liberty Financial in 2017... this project could have raised $1 billion. The overlap between crypto natives and Trump's core supporters may not be as significant as imagined, which is evident from the insufficient demand."He added that the token lock-up period for this sale is one year, which may be part of the reason for its poor performance, as during the current Memecoin market frenzy, the holding period for tokens is often much shorter than a year, sometimes only a few hours.

ChainCatcher news, the early sales of World Liberty Financial tokens were less than $13 million, far below its target of $300 million. Crypto industry insiders condemned World Liberty Financial's poor sales performance, calling it a "meme disguised as a utility project."Two Prime CEO Alexander Blume stated, "Aside from its Trump branding, I don't see anything interesting or unique. I think it's not enough for most people, and I believe the crypto community was already skeptical about this project before its launch. It seems to be just a speculative play, especially since it hasn't done anything new."

ChainCatcher news, according to The Block, the Trump family's crypto project World Liberty Financial launched its public token sale on October 15. As of 7:25 AM Beijing time on October 16, approximately 610 million WLFI tokens have been sold, with 19.4 billion remaining for sale. At a price of $0.015 per token, the first day's sales amounted to approximately $9.15 million.Previous news indicates that the roadmap states the "initial sale" of WLFI aims to raise $300 million, selling 20% of the token supply at a fully diluted valuation of $1.5 billion.

ChainCatcher news, according to Coindesk, the Trump family's crypto project World Liberty Financial token sale may have gone live.According to blockchain data, the sale started at 12:40 UTC, and within the first 20 minutes, over 220 million WLFI tokens were sold to more than 1,700 independent wallets. The blockchain wallets associated with the token hold nearly 3 million dollars worth of Ether (ETH), as well as 1 million dollars worth of USDT and USDC tokens.

ChainCatcher news, according to official sources, the Trump family's crypto project World Liberty Financial (WLFI) will go live on October 14 at 20:00 Beijing time, during which it will introduce:WLF team and advisors;Exclusive insights from special guests;Why WLF is disrupting the industry;Public sale details.

ChainCatcher news, the Trump family's crypto project World Liberty Financial (WLFI) has released its vision, aiming to become a one-stop service platform for DeFi, combining leading technologies in the blockchain industry with strategic partnerships and extensive distribution channels for mass adoption. WLFi will launch a governance platform to help shape the protocol through governance.In addition, WLFi plans to run independent instances on Ethereum and Scroll, but they must go through the WLFi governance platform approval process.

ChainCatcher news, according to The Block, the Trump family's DeFi project World Liberty Financial aims to raise $300 million at a $1.5 billion valuation in next week's token sale.According to the project's roadmap, the $1.5 billion is the fully diluted valuation of the project, and selling 20% of the token supply to raise $300 million indicates that there may be more token sales to come.

According to ChainCatcher, The Block reported that World Liberty Financial proposed on Wednesday to launch Aave V3 on the Ethereum mainnet, allowing users to borrow and lend assets such as ETH, WBTC, USDC, and USDT. The project is supported by the Trump family and aims to provide a secure lending platform.The project plans to allocate 20% of the protocol's interest to the Aave ecosystem reserve and will expand to the Scroll Ethereum Layer 2 network after successful integration. Additionally, the project will sell non-transferable governance tokens to qualified investors, with 63% allocated for public sale. Despite facing skepticism, analysts believe the project may attract more user interest in decentralized finance.

ChainCatcher news, the crypto project World Liberty Financial supported by former President Donald Trump stated on the X platform that since its launch, "thousands" have registered for its whitelist.Previous news, World Liberty Financial has now opened whitelist registration, available to qualified investors in the United States and all non-U.S. users.

ChainCatcher message, the DeFi project World Liberty Financial, supported by the Trump family, has opened KYC verification on its official website. The website was temporarily down for maintenance multiple times on Monday morning.The project homepage states: "More information about World Liberty Financial is available only to those who have completed the KYC process and have been pre-qualified. In the United States, this information is available only to certified accredited investors. This page does not constitute an offer to sell tokens or a solicitation of an offer to purchase tokens in any jurisdiction."

ChainCatcher news, the Trump family's crypto project World Liberty Financial announced on the X platform that Matt Morgan, CEO of Mixie Studios & Mixie Media, will serve as its latest advisor.According to WLFI: "Since 2016, Matt has been a game developer on Telegram, with an outstanding track record in the cryptocurrency field."

ChainCatcher news, Duke University finance professor Campbell Harvey commented on Trump's announcement of the cryptocurrency project World Liberty Financial, stating: "This move is consistent with Trump's policy stance in support of cryptocurrencies. Saying you support crypto is one thing; establishing a company in this space is another."The X Spaces session yesterday lasted over two hours but did not reveal specific details about the project or when it would launch. However, it did indicate that a digital token, WLFI, would be issued, which will play a role in business management. But Americans must be verified accredited investors to purchase it. This Spaces session also covered a range of other topics, such as stablecoins, tokenization, obtaining credit, and digital payment services.Before Trump held this X Spaces, the World Liberty Financial white paper listed Donald Trump as the "Chief Crypto Advocate," Eric Trump and Don Jr. as "Web3 Ambassadors," and 18-year-old Barron Trump as the "Chief DeFi Visionary." A disclaimer in the document states that the company "is not owned, managed, operated, or sold by the Trump family," while noting that they may receive compensation.

ChainCatcher news, Trump posted again "FIGHT FIGHT FIGHT" after the press conference of his cryptocurrency platform World Liberty Financial and pinned it.Perhaps influenced by this, according to market data, the 1H increase of FIGHT on Ethereum is 290%, currently priced at 0.01581 USDT, with a current market value of 15.1 million dollars; the 1H increase of FIGHT on Solana is 137%, currently priced at 0.0004888 USDT, with a current market value of 505 thousand dollars.

ChainCatcher news, according to Decrypt, Trump attributed his shift in attitude towards cryptocurrency to the strong interest people have in his own brand's NFT project during the World Liberty Financial press conference. Trump stated that he noticed most of the NFT trading cards he minted on Polygon were purchased with cryptocurrency, and his supporters are excited about his entry into this field.Trump pointed out that he was surprised by the number of people willing to spend cryptocurrency on his NFT series, "I was a little shocked, that was some time ago------it opened my eyes, but I think my kids opened my eyes more than anything else."

ChainCatcher news, according to Decrypt, the team behind the Trump family's cryptocurrency project World Liberty Financial stated that the project will provide lending services for cryptocurrencies on the Ethereum blockchain network, which is not much different from many existing applications in DeFi.It promises to be more "user-friendly" and accessible than existing high-tech alternatives, and will be based on a non-transferable (meaning non-tradable) WLFI governance token.The World Liberty Financial crypto team, led by Chief Operating Officer Zak Folkman and Chief Data and Strategy Officer Chase Herro, released new details today regarding the WLFI token distribution plan, clearly stating that the token sale will be regulated by the U.S. SEC. Folkman stated in today's interview, "No presale, no venture capital, and no early buys; this is as fair as you can expect to see from any other DeFi project, and the token distribution launching now is very equitable."

ChainCatcher news, according to Tree News, World Liberty Financial will sell 63% of WLFI tokens to the public, 17% for user rewards, and the remaining 20% will be reserved for the team.

ChainCatcher news, according to market news, the Trump family's cryptocurrency project World Liberty Financial will issue tokens.