After launching his 4th NFT collection, US presidential candidate Donald Trump is officially supporting his sons' crypto project, called World Liberty Financial. The latter intends to launch a decentralized finance (DeFi) platform as an alternative to “corrupt” banks.
Donald Trump launches his 4th NFT collection
Former US President and current US presidential candidate Donald Trump this week launched his 4th collection of collectible cards (NFT).
Indeed, according to Donald Trump's latest statements, The first three editions reportedly earned him the tidy sum of one million dollars.Let us remember that the money collected is not intended to finance the campaign funds of the presidential candidate.
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In early August, Donald Trump released a series of marketing items, including Bitcoin sneakers. The latter sold out within hours of their launch and were spotted on eBay for up to 7 times their original price.
Donald Trump's 4th NFT collection offers the opportunity, for those willing to shell out $24,750 for 250 cards, to own a physical card containing a piece of the suit he wore during his debate against Joe Biden, the current President of the United States.
Physical card including a piece of Donald Trump's suit
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Donald Trump's sons behind DeFi platform
Donald Trump Jr and his brother Eric are behind a decentralized finance (DeFi) platform called World Liberty Financial. Although the services that will be offered by this platform are still unclear to this day, it has attracted the interest of many people in the crypto community.
This is how close 60,000 people are following the development of this new project through the dedicated Telegram channel, and 35,000 people on the X social network.
It's time to make finance great again! #BeDefiant pic.twitter.com/G71aIJScrB
— WLFI (@worldlibertyfi) August 25, 2024
In a statement on the official Telegram channel of World Liberty Financial, Donald Trump Jr. accuses banks and financial institutions of being ” corrupted ” and assures that they “ manipulate the system against ordinary Americans “.
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Furthermore, he announced that the goal of the platform will be to eliminate ” corrupt, costly and inefficient intermediaries ” He adds that ” It is time to modernize an unjust and archaic system and give everyone the same opportunities that the elites have monopolized.» before concluding with « Finance must serve the people again “.
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Source: World Liberty Finance Account X
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Passionate about the blockchain ecosystem, I like to deepen my knowledge and share my discoveries. In a perpetual quest to learn more about cryptos, I recently joined the Cryptoast Research team where I provide weekly fundamental analysis.
Theo Zananiri
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