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A draft white paper obtained by CoinDesk reveals that 70% of the World Liberty Financial project governance token, WLFI, is reserved for insiders, including founders, team members, and service providers.World Liberty Financial, positioning it as a revolutionary tool in finance and claiming it could empower everyday people. The platform has also been pushed as a solution to what the Trump family describes as a “rigged” traditional finance system.
This allocation model also differs from those used by other major blockchain projects. For instance, Ethereum’s Genesis block reserved roughly 16.6% of its ether supply for early contributors, while Cardano kept about 20% of its ADA tokens. In comparison, Bitcoin’s pseudonymous creator, Satoshi Nakamoto, is estimated to hold around 5% of the total supply.WLFI tokens will also be non-transferable.
Purchasers will also undergo screening to ensure they are not on sanction lists, though the document erroneously refers to FinCEN instead of the Office of Foreign Assets Control .
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