World Liberty Financial (WLFI) token is a failure?

This is the project started by presidential candidate in the US donald Trump. It was expected that this project will get more attention in the market and it is also because the Trump is showing that he is crypto supporter. But now things are different when the project is live and it has the option for the people to invest.

There are some reasons why it is not doing well and surely the project team needs to understand it. The Crypto space has grown a lot and now people are more interested to join projects that are good in terms of decentralisation and offer multiple use case.

url- https://www.worldlibertyfinancial.com/

I tried thinking more about the token sale by going to its website and here is what I can see as of now. The total supply for this coin is twenty billion and out of this 902.66 million coins ae sold till now. This is very low looking at how the hype was created in the market for the project. Although there are multiple options to be used for buying this coin and it is good but is still the project did not get the anticipated attraction on this.

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Although I am not sure but I still feel like below are some of the reasons why this project has not got much attention from the investors.

• The token is non transferable which means whatever you purchase will be with you and you will never be able to send it to your other address or anyone else.


• This token is also not listed on any other exchange which means you will not have the opportunity to trade on this coin and this time when the crypto space has evolved a lot then this is something that has to be there. Trading is an important part for any coin and since this is not available with this project so it is one of the reasons why people have not shown much interest.


• There is no utility of this token and whoever invest will invest just because they believe in Donald Trump. Maybe in future there is something come up but as of now there has been no update about it and in crypto market it is usually hard to invest on such projects where the road map is not clear.

To be honest I'm not sure how things will be with this project but after going through this coinsale and the project overall these are some of the reasons I could figure out but again I'm not sure. Things can be this or the different but one thing is clear that the project has not got much attention in the market and it is kind of failure looking at what it has achieved after its launch.

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