Trump's Coin Sale Misses Early Targets As Crypto Project's Website Crashes

Donald Trump's new crypto project, World Liberty Financial, had a rocky start today with frequent website outages during its token sale. According to CNBC, only about 4% of registered investors have bought tokens, and the project sold less than 3% of the 20 billion tokens available. From the report: WLF's website suffered regular and lengthy outages for much of the morning and early afternoon, contributing to a limited number of sales. Only about 4,300 unique walled addresses hold the token as of Tuesday afternoon, according to blockchain data tracked by Etherscan, representing roughly 4% of the total number of people who registered.

The platform says it has sold more than 532 million tokens at 15 cents per token. That is less than 3% of the 20 billion tokens made available for public sale. Over the course of the day, the website frequently showed a page saying, 'We are under maintenance.' The glitchy launch is a potential setback to the Republican presidential nominee with just three weeks until the election. Trump and his family have been touting the project since August, branding it as 'The DeFiant Ones,' a play on DeFi, which is short for decentralized finance.

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