Trump-related encryption project WLFI White Paper shows that 70% of Tokens will be reserved for internal personnel.

BlockBeats News, on September 5th, according to the draft of the White Paper obtained by CoinDesk, the 'governance' encryptionToken WLFI of WLFI will be held 70% by 'founders, team, and service providers', which is much higher than the internal distribution ratio of other well-known encryption projects. The remaining 30% will be allocated through public sales, and some of the funds will be used to support project operations. Insiders believe that this distribution ratio is unusually high and may raise questions. The WLF team stated that the tokenomics plan has not yet been finalized. The project claims to return financial power to the people, but the token distribution shows that most of the power is concentrated in the hands of a few insiders. In addition, WLFI Token will be non-transferable, possibly to avoid violating securities laws. It is worth noting that some Trump supporters have warned that the project may affect his electoral prospects and become a target of the SEC. Although members of the Trump family serve in multiple roles in the project, the White Paper attempts to depeg the project from politics.