Justin Sun turns into advertising and marketing and marketing and marketing consultant to Trump-instant World Liberty Financial

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House » Backed » Justin Sun turns into advertising and marketing and marketing and marketing consultant to Trump-instant World Liberty Financial

Sun’s latest investment in the project has boosted its token gross sales to $52 million.

Justin Sun, the founder of the Tron blockchain, has joined World Liberty Financial (WLFI), the DeFi challenge backed by Donald Trump and his sons, as an advertising and marketing and marketing and marketing consultant, the project shared in a Tuesday assertion.

🦅☀️ Piquant Announcement! ☀️🦅

We’re honored to welcome @justinsuntron as an advertising and marketing and marketing and marketing consultant to World Liberty Financial (WLFI)!

Justin is the founder of @TRONDAO, an advertising and marketing and marketing and marketing consultant to @HTX_Global, and a supporter of @BitTorrent. A graduate of the University of Pennsylvania, he only in the near past won… pic.twitter.com/wJD24nztab

— WLFI (@worldlibertyfi) November 26, 2024

The announcement comes after Sun purchased $30 million payment of WLFI tokens, the platform’s governance token that lets in holders to rob part in diverse DeFi actions like borrowing and lending.

The investment no longer fully positions Tron’s founder because the considerable shareholder in World Liberty Financial (WLFI) but furthermore boosts total token gross sales to $52 million. Sooner than Sun’s investment, the platform had sold $21 million payment of WLFI tokens to non-US and qualified US investors.

On the other hand, here’s mild effectively below the challenge’s preliminary design. WLFI aimed to elevate $300 million at a valuation of $1.5 billion, with proceeds intended to fund development phases and a stablecoin-centered bank card.

Despite that, the milestone permits the Trump family to beginning up benefiting financially from their involvement in the challenge.

Basically based on the project’s white paper, as soon as WLFI surpasses $30 million in gross sales, Donald Trump’s company, DT Marks DEFI LLC, will rep 75% of win revenues.

Sun, a University of Pennsylvania graduate, based TRON, which is amongst the head 10 digital sources by market cost. He only in the near past made headlines for acquiring the notorious banana artwork at a Sotheby’s public sale.