Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

Eric Trump hints at new crypto venture involving digital real estate

GrafaGrafa2024/08/19 06:45
By:Mahathir Bayena

Eric Trump, son of former President Donald Trump, has recently provided some insight into a mysterious crypto project that he and his brother, Donald Trump Jr., have been teasing. 

In an exclusive interview with the New York Post, Eric revealed that the venture centers around "digital real estate," describing it as an "equitable" project with the potential to disrupt the financial industry.

On August 7, 2024, Donald Trump Jr. took to social media platform X to promote a new decentralised finance (DeFi) project, encouraging his 11.9 million followers to embrace the future of finance. 

Since then, both Trump brothers have been actively promoting the venture, although specific details remain scarce. 

The project has garnered significant attention, including over 22,000 subscribers to a Telegram channel named the "DeFiant Ones," created by the team behind the project. 

Despite the excitement, the channel has remained mostly quiet, with the only notable activity being a Telegram premium account giveaway.

In his interview, Eric Trump provided some additional clues about the project, emphasising its focus on digital real estate and financial equity. 

He explained that the technology aims to offer collateral that is accessible to everyone, potentially revolutionising the banking and finance sectors by providing instant loan approvals based on mathematical algorithms rather than traditional policies. 

Trump highlighted the project's potential to provide financial access to the unbanked, a recurring theme in the DeFi community.

Despite these revelations, the exact nature and scope of the Trump brothers' crypto venture remain unclear. 

The references to "digital real estate" and equitable financial solutions suggest an ambitious project, but concrete details are still elusive. 

As a result, the crypto community and market observers are left in suspense, eagerly awaiting more information to determine whether this venture will indeed have a significant impact on the financial world.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!

You may also like

Bitcoin is up 6% since the Fed rate cut. What’s next?

Despite short-term boost, Bybit executive warns investors of “potential challenges posed by economic uncertainty and market fluctuations”

Blockworks2024/09/20 06:10