President Javier Milei created a stir by announcing the launch of the Viva La Libertad Project, linked to the $LIBRA token, through his social media. He described the initiative as a bridge between international investors and local entrepreneurs, aimed at boosting funding for small businesses and Argentine ventures.
In statements to Bloomberg Línea, Milei emphasized that the project is a private initiative to support Argentine companies and projects. He stated that the currency linked to the project was created in honor of the ideals of freedom and clarified that he has no personal relationship with his participation in it. Additionally, he highlighted that the contract was shared to demonstrate its authenticity and that the platform allows entrepreneurs to register to apply for the available funds.
The Viva La Libertad Project operates on the Solana blockchain and offers financing to small businesses, startups, and educational initiatives. Although Milei confirmed that the initiative is real and based on private funding, specific requirements have not been revealed, nor has the mechanism for project selection been defined.
Despite the initial enthusiasm, doubts have arisen about the functioning of the $LIBRA token, as the website does not provide technical details about it or the mechanisms for fund distribution. Milei assured that he has no direct involvement in the development of the project and that in the coming hours, the company behind the initiative will issue an official statement to provide more details.
From the presidential environment, it was confirmed that Milei's account was not hacked, debunking initial speculation about a possible external intervention. Although the contact email provided is a Gmail address, which raised questions in the crypto space, it is expected that the official statement will provide greater clarity regarding the project.
