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Trump-Backed Crypto Project Launches KYC for Token Sale

Trump-Backed Crypto Project Launches KYC for Token Sale

The Trump-endorsed crypto initiative, World Liberty Financial, has initiated verification on its official website.

Currently, the platform is not accessible in all countries.

Trump-backed crypto project launches KYC for token sale
Error 403 on the World Liberty Financial website. Source: World Liberty Financial website.

The site is accessible to users from Austria.

Trump-backed crypto project launches KYC for token sale
World Liberty Financial homepage accessed from an Austrian IP. Source: World Liberty Financial.

“Additional information about World Liberty Financial is intended for individuals who have pre-qualified by completing the KYC procedure. In the United States, it is available to accredited investors. This page is not intended as an offer to sell or a solicitation to buy tokens in any jurisdiction,” states the page.

Users are prompted to select the United States or another country as their jurisdiction, connect a wallet, and begin the KYC process.

Trump-backed crypto project launches KYC for token sale
Prompt to complete KYC after connecting a wallet. Source: World Liberty Financial.

In September, the Trump family officially unveiled their cryptocurrency project, World Liberty Financial. It is known to offer borrowing and lending services for cryptocurrencies on the Ethereum network.

The sale of a non-transferable governance token, WLFI, is planned, which does not entail any economic rights. 62.66% of the tokens will be distributed through a token sale.

Back in August, Trump announced a plan aimed at bolstering the United States’ leadership in the cryptocurrency sector.

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