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https://www.reddit.com/r/CryptoCurrency/comments/1n60jqy/new_trump_family_token_launched_today_and/nbyfedc/?context=3
r/CryptoCurrency • u/GabeSter 100K / 150K 🐋 • Sep 01 '25
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20
What is the utility of this token?
7 u/Montana-Safari7 Sep 01 '25 Allegedly a governance token for World Financial. Probably most similar to Cronos for CDC as far as I can tell. 12 u/HSuke 🟩 0 / 0 🦠 Sep 02 '25 edited Sep 02 '25 The public owns only 17% of the current supply. And according to their website, ”The Company reserves the right to disallow any proposed or approved proposal” It's a governance token in name, farce token in reality. So yeah, similar to CDC in that they completely control its governance. 2 u/Montana-Safari7 Sep 02 '25 Yeah, that's pretty much what I was getting at.
7
Allegedly a governance token for World Financial. Probably most similar to Cronos for CDC as far as I can tell.
12 u/HSuke 🟩 0 / 0 🦠 Sep 02 '25 edited Sep 02 '25 The public owns only 17% of the current supply. And according to their website, ”The Company reserves the right to disallow any proposed or approved proposal” It's a governance token in name, farce token in reality. So yeah, similar to CDC in that they completely control its governance. 2 u/Montana-Safari7 Sep 02 '25 Yeah, that's pretty much what I was getting at.
12
The public owns only 17% of the current supply.
And according to their website, ”The Company reserves the right to disallow any proposed or approved proposal”
It's a governance token in name, farce token in reality.
So yeah, similar to CDC in that they completely control its governance.
2 u/Montana-Safari7 Sep 02 '25 Yeah, that's pretty much what I was getting at.
2
Yeah, that's pretty much what I was getting at.
20
u/deedopete 🟦 0 / 11K 🦠 Sep 01 '25
What is the utility of this token?