I must admit that I’m rather underwhelmed by the progress of the WLFI sale. Close to 24 hours have passed and less than 10% of the WLFI tokens have been sold.
From what I understand of the WLF gold paper, WLFI tokens are only meant to be governance tokens that allow voters to vote on changes to the protocol.
That said, perhaps it’s not surprising that WLFI tokens haven’t been flying off the shelf as the financial incentives for holding the WLFI token are not entirely clear?
Ja ich bin auch der Meinung das mehr Anreize geschaffen werden müssen um die Menschen davon zu überzeugen in das Projekt zu investieren.
Wenn keine Gewinne kumuliert werden und der Halter keinen Mehrwert bekommt, wieso sollte er den Token kaufen?
24 hours is not a long time in the grand scheme of things. The project will continue to sell as we get closer to the election. Performance will likely correlate to how it goes. Trump could not be involved with a token if it was after the election, regardless of win or loss. By releasing it now, there is plausible deniability, and due to the decentralized nature of the token, it introduces a grey area in U.S. laws that will need to be addressed post-election by the next administration. The current administration performs regulation by enforcement — hopefully the next one will be regulation by passing transparent and detailed laws that explain what these platforms can and cannot do.