• voracitude@lemmy.world
    link
    fedilink
    arrow-up
    4
    ·
    edit-2
    2 months ago

    World Liberty has not officially unveiled its plans for a cryptocurrency, but the white paper reviewed by CoinDesk suggested that the project will eventually sell a governance token called WLFI.

    According to the document, the Ethereum-based WLFI token will be non-transferable, meaning it won’t be possible to trade on the blockchain, but holders will be able to use it to vote on changes to World Liberty’s development roadmap.

    (https://www.coindesk.com/tech/2024/09/16/trumps-crypto-gambit-what-we-know-about-todays-launch-of-world-liberty-financial/)

    So you buy it, and then you can’t sell it. A+, because anyone who’s gonna buy this is going to see “Ethereum-based” and assume the opposite. I wonder if this will be the wakeup call 🤔

    … Who am I kidding, MAGAts can’t wake up. The shock would kill them, at this point.