"Trump's Work to Receive at Least 15 Million Incentives from World Liberty Finance"
Summary
- Trump's work announced that it was able to receive at least 15 million incentives by utilizing the funds from World Liberty Finance.
- Through Justin Sun's investment, WLFI achieved the target fundraising amount, and Trump's work was able to secure incentives.
- According to the WLFI white paper, it was announced that 75% of the total fundraising amount will be provided to Trump's work as incentives.
Trump's work is expected to receive at least 15 million incentives from World Liberty Finance (WLFI), which is a major shareholder. According to Bloomberg on the 3rd (local time), Trump's work was able to achieve the minimum fundraising amount through the investment of Justin Sun, the founder of Tron (TRX), and receive at least 15 million incentives. Previously, WLFI reduced its target fundraising amount from 300 million to 30 million, and Justin Sun achieved the minimum fundraising amount by purchasing WLFI, which was subject to the target fundraising amount. The WLFI white paper states that when the minimum fundraising amount is reached, 75% of the total fundraising amount will be provided to Trump's work as incentives.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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