It seems like a vast majority of the crypto space saw right through the creed on this one. Yesterday I wrote about the launch of the WLFI which is the "governance" token of trumps new crypto platform. The big issue however was in the fine print where it became very clear that only 30% of the tokens where up for sale and it was only for sale to accredited investors. It pretty much was a slap in the face to investors and crypto that there was nothing decentralized or governance about this project at all. Even if you bought all 30% of the tokens the core entity would still own majority share of 70% and be able to say yes or no to pass whatever governance vote came up or reject whatever governance vote came up.
Well it seems like the crypto world saw right through this scam practice and voiced their opinion by simply not taking part in it with only 9 million in sales from the 300 million target. Like that's bad, real bad.
Even the remarks on his x profile about the launch of the token shows clearly that no one is in favor of this. The top comment simply saying "This ain't if chief." exactly what everyone in the crypto field is thinking.
It's also been hit with major scams dropping replies on just about everyone's post for a "airdrop" which is pretty wild because the checkmark etc all look legit even though it's suppose to be an exclusive signal to prove a verified account. Unless some how it mistakenly got verified. It's just wild out there anymore and you honestly have to be extremely careful what you connect your account to and what you click on these days.