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World Liberty Financial Purchases Four Ethereum Domain Names Linked to the Trump Family
Donald Trump’s World Liberty Financial (WLF) Secures Ethereum Domain Names
World Liberty Financial (WLF), a decentralized finance venture associated with President-elect Donald Trump, has purchased and registered four new Ethereum domain names linked to the Trump family through the Ethereum Name Service.
WLF’s Recent Purchases Raise Questions About Possible Launches of Meme Coins
Purchases made by WLF came to attention as they surfaced from The Kobeissi Letter’s social media account late Sunday evening, with the financial research organization questioning whether this pointed to possible launches of more meme coins from the Trump family.
Ethereum Name Service Fails to Comment on the Development
Ethereum Name Service did not immediately return a request for comment from Decrypt.
New Domain Names Registered by WLF
The Delaware-based company secured worldliberty.eth, trumpcoin.eth, erictrump.eth, and barrontrump.eth through bulk transfers late Sunday night, according to on-chain transaction data from Etherscan reviewed by Decrypt.
WLF’s Recent Activity and Investments
This follows reportage from Decrypt on late Sunday evening in which the DeFi venture bought over $48 million worth of Ethereum (ETH), a day after the launch of Trump’s official meme coin.
Expert Insights on the Development
“My hunch in terms of future meme coins is that they will follow a playbook similar to the one Zak openly promotes in his business lifestyle content.” Erin Redwing, CEO of Inscribing Atlantis, an Ordinals-based events company, told Decrypt.
WLF’s Documentation and Structure
The platform describes itself as a “US-based decentralized platform” that aims to offer “information about and access to certain third-party DeFi applications, based on American ideals of liberty, privacy, and freedom to transact.”
Conclusion
The recent developments surrounding World Liberty Financial’s (WLF) acquisition of four Ethereum domain names linked to the Trump family raise questions about the potential launch of more meme coins. As the DeFi venture continues to make significant investments and purchases, the market remains cautious and curious about the implications of these developments.
What is WLF?
The platform describes itself as a “US-based decentralized platform” that aims to offer “information about and access to certain third-party DeFi applications, based on American ideals of liberty, privacy, and freedom to transact.”
What are the Ethereum domain names secured by WLF?
The Delaware-based company secured worldliberty.eth, trumpcoin.eth, erictrump.eth, and barrontrump.eth through bulk transfers late Sunday night, according to on-chain transaction data from Etherscan reviewed by Decrypt.
What is the purpose of the Ethereum domain names?
The purpose of the Ethereum domain names is currently unknown, as WLF has not made a public statement on how they will be used.
How does WLF’s documentation describe its structure?
According to WLF’s documentation, the platform is a “US-based decentralized platform” that aims to offer “information about and access to certain third-party DeFi applications, based on American ideals of liberty, privacy, and freedom to transact.”
What is the current status of WLF’s WLFI token?
As of early Monday morning, WLF has confirmed on X, formerly Twitter, that an additional 5% of its token supply is available for purchase. However, the project hasn’t made a public statement on how the Ethereum domain names will be used.
What is the current value of WLF’s WLFI token?
WLF’s WLFI token is currently valued at 5% of its total supply, with an additional 5% available for purchase, according to WLF’s confirmation on X, formerly Twitter.
What is the purpose of WLF’s “gold paper”?
WLF’s “gold paper” is a documentation that explicitly states that “World Liberty Financial, the WLFProtocol and $WLFI tokens are not political and have no affiliation with any political campaign.” The document also outlines the structure and limitations of the WLFI token, including its non-transferability and indefinite locking in a wallet or smart contract.
What is the current status of WLF’s governance structure?
According to WLF’s documentation, any future changes to its structure would require governance approval “in a fashion that does not contravene applicable law.”