Donald Trump and Sons Launch New DeFi Project: What You Need to Know
Donald Trump – On August 22, former U.S. President Donald Trump publicly endorsed a new decentralized finance (DeFi) project known as “The DeFiant Ones,” which is being promoted by his sons, Donald Trump Jr. and Eric Trump. In a post on Truth Social, Trump highlighted the need for a stand against major financial institutions and elites, linking to the project’s official Telegram channel.
Project Overview and Telegram Channel Launch
Trump’s endorsement on Truth Social was accompanied by a call to challenge financial elites, using the hashtag #BeDefiant. The Telegram channel, titled “The DeFiant Ones,” launched on August 7 and currently boasts nearly 26,000 subscribers. The channel features the tagline “Official Trump DeFi Channel” and promises to provide important updates and announcements about the project.
Social Media Buzz and Official Announcements
Donald Trump Jr. has also been active in promoting the project. Last Thursday, he took to social media to encourage followers to join the Telegram channel for accurate information and official updates, urging them to avoid relying on rumors. His post highlighted the growing speculation surrounding the crypto project, using the hashtag #BeDeFiant.
Trademark Filings and Project Details
The project’s name aligns with recent trademark filings reported by The Block. In July, AMG Software Solutions filed trademarks for “Be DeFiant,” “World Liberty,” and “World Liberty Financial.” The latter trademark pertains to “providing financial information in the field of decentralized finance (DeFi).”
Market Implications and Future Prospects
Trump’s endorsement and the launch of the Telegram channel mark a significant development in the DeFi space. The project’s focus on challenging established financial systems could attract attention from both investors and critics. As updates continue to unfold, the crypto community will be watching closely to see how this new initiative impacts the market and the broader DeFi ecosystem.
FAQ: Donald Trump Endorses “The DeFiant Ones” DeFi Project
What is “The DeFiant Ones” project?
“The DeFiant Ones” is a decentralized finance (DeFi) project endorsed by former U.S. President Donald Trump and promoted by his sons, Donald Trump Jr. and Eric Trump. The project is designed to challenge traditional financial institutions and empower individuals through DeFi technology.
Why did Donald Trump endorse “The DeFiant Ones”?
Donald Trump endorsed “The DeFiant Ones” to advocate for a stand against big banks and financial elites. He expressed a desire for financial empowerment for the average American and linked to the project’s Telegram channel to gather support and provide updates.
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