World Liberty Financial (wlfi.space)

World Liberty Financial (WLFI) is a cryptocurrency project that claims to focus on decentralized financial services and economic freedom. The project was launched in 2023.

Purpose and Utility

The stated purpose of WLFI is to serve as a medium of exchange and store of value within its ecosystem. However, beyond basic token trading functionality on decentralized exchanges, there is currently limited evidence of additional utility or real-world applications being actively used.

Business Model Analysis

The project's business model appears to be centered around token trading and value appreciation. While this is not inherently problematic from a Shariah perspective, the lack of clear additional utility or concrete development milestones raises questions about long-term viability.

Platform and Development

The project operates on the Binance Smart Chain network. Development activity appears minimal based on public GitHub repositories and project updates. The technical infrastructure mainly consists of the basic token smart contract.

Token Distribution

The token distribution metrics and vesting schedules are not clearly documented in public materials, making it difficult to assess the concentration of ownership.