TechFlow reports, on October 16, according to official website information from Trump's cryptocurrency project WLFI, its token WLFI sold only 760 million tokens during the first 20 hours of presale, raising $11.4 million at a price of $0.015 per token.
According to updated terms and conditions for the sale of WLFI tokens by World Liberty Financial, the Trump family's crypto project, WLFI is solely for governance purposes and not intended as an investment vehicle; all WLFI tokens are currently indefinitely locked in wallets or smart contracts and are non-transferable; if future protocol governance procedures seek to unlock transferability of WLFI, the following conditions must be met: ensuring compliance with applicable laws and at least 12 months having passed since the completion of the token sale; due to the non-transferable nature of the tokens, the company has not taken any action, nor does it plan to create a secondary market for the tokens; token purchases are non-refundable unless required by applicable law; WLF reserves the right to reject or cancel any token purchase requests.
