I actually covered the WLFI sale in January, as it became the second highest ICO raise in history, only beaten by EOS. This was the first round at $0.015, which I decided to took part in. My reasoning then: - TRUMP, a sole memecoin at >$50B FDV marketcap - A DeFi focussed project with distribution could potentially be a very good beta to something like AAVE itself in a DeFi bull market, which I believed was coming. - The Trumps were openly bullish Ethereum, so a good chance they won't rug this one. - They'd not let their more legit project dump on launch, at least not below first round investors. Turns out my gut feeling was right and this has been one of my more successful investments. There's a reason ICOs were such a success in the past and (to my luck) all the pieces aligned for this one to be one as well. However DeFi in general didn't even attempt to make any moves, so this is a very isolated "success" which probably runs on the stablecoin narrative with USD1, which wasn't...
Trump's World liberty financial Defi platform ICO already collected $197.5M. This now puts it among the most successful ICOs in crypto history...
That's up from ~$145M only ~2 hrs ago. This is taking up steam as we speak...
Details about $WLFI (the token they are selling): Total supply is 100B tokens, the ICO sells 20M tokens at $0.015 each. Trump and associates will receive 22.5B tokens. Tokens will be locked for at least 1 year.
So people are already willing to lock up ~200M $ in the midst of a bull market. That's absolutely crazy.
So much to "$TRUMP is the bigger success"... this is crazy money flowing into his more legitimate Defi project ICO on Ethereum with even crazier conditions.
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