Worldcoin Price Goes From Zero to $2 On Launch Day. All You Need To Know About WLD

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The Worldcoin (WLD) price skyrocketed from zero to $2 on its launch day, leaving many astonished. The newly emerging cryptocurrency has quickly caught the attention of traders and investors.

It’s hard to say what’s behind its rapid price rise, but strong demand, scarcity, and early investor interest may have contributed. For those interested in learning more about Worldcoin, its unique features and development team are worth exploring.

The current price of Worldcoin (WLD) is $2.02, and the total trading volume in the last 24 hours is $509.496 million. Worldcoin has experienced a decline of 21.60% in the past 24 hours.

WorldCoin (WLD) Statistics:

WLD price now – $2.01
WLD market cap – $216.320 Million
WLD circulating supply – 107,644,298 WLD
WLD total supply – 10,000,000,000 WLD
WLD Coinmarketcap ranking – 124

Worldcoin Price Goes From Zero to $2 On Launch Day. All You Need To Know About WLD — Source: CoinMarketCap

Worldcoin: Empowering the Future with Privacy and Innovation

Introducing Worldcoin, a global project with a big vision! The project aims to build a privacy-focused digital identity system called World ID and a digital currency called Worldcoin Token (WLD).

World ID can verify humans online and separate them from AI using a biometric device called the Orb. Meanwhile, WLD incentivizes users to help grow the network.

World ID credentials are verified and managed easily with the World App. With Worldcoin, you can get fast financial transactions, secure digital communication with no bots, global democratic processes, fair resource distribution, and even an AI-funded Universal Basic Income, boosting equality of opportunity. There’s a chance this project can make a big difference!

Check out WorldCoin’s related documents and whitepaper.

You can read the Worldcoin whitepaper & related documents here.https://t.co/AHbvnIgcU9

— Worldcoin (@worldcoin) July 24, 2023

Worldcoin’s Investment Journey: The Unraveled Fundraising Total

Blockchain Capital invested $115 million in Worldcoin, the cryptocurrency project OpenAI CEO Sam Altman co-founded. Other prominent investors like Distributed Global, Bain Capital Crypto, and a16z participated. Worldcoin raised $100 million in March 2022 with a $3 billion valuation.

With this new funding, Worldcoin will grow its project, improve research and development, and strengthen bot detection. Despite a challenging market, investors still like Worldcoin. Two million Worldcoin users across five continents have already signed up.

Worldcoin has the potential to become a primary gateway into the crypto world, with its World App possibly becoming the most widely used crypto wallet.

Worldcoin Orbs: Your Gateway to a Secure and Private World ID

Worldcoin Orbs are exceptional devices in Worldcoin. This helps you create something called a World ID, which is like a digital identity.

Orb checks a person’s authenticity without revealing their real identity. Using advanced biometric scanning, it makes sure your privacy is protected. Your privacy is protected because the pictures are immediately deleted after being checked.

Worldcoin uses the Worldcoin Orb to tell the difference between people and AI online while protecting people’s privacy. The way Worldcoin works depends on this.

Worldcoin’s Robust Tokenomics: Fostering Long-Term Success

Worldcoin’s tokenomics structure fosters a thriving ecosystem. A total of 10 billion WLD tokens will be distributed across different categories for long-term growth. 25% of tokens are set aside for user grants. Users get 2.5 billion WLD tokens after biometric verification, with decreasing amounts over time.

The Ecosystem Fund gets 10%, or 1 billion WLD tokens, to support investments, partnerships, and ecosystem security. Additionally, 1 billion WLD tokens (10%) are earmarked for Community Grants and incentives to motivate ecosystem growth. Worldcoin’s Initial Development Team gets 12.5%, or 1.25 billion WLD tokens, vested over four years.

TFH Investors who provided initial funding get 1.25 billion WLD tokens (12.5%). In addition, TFH holds 20%, or 2 billion WLD tokens, in reserve in case of unforeseen circumstances. Furthermore, 10%, or 1 billion WLD tokens, are set aside for liquidity provisioning, so there’s enough liquidity and price stability.

It improves security, scalability, and the cost of transactions by connecting the Ethereum Mainnet and Optimism.

After 15 years, the protocol’s governance system can mint up to 1.5% of new tokens per year to maintain long-term value and utility.

Starting July 24, 2023, you can buy and sell WLD on major crypto exchanges. There are a lot of platforms where you can buy WLD, like Binance, Uniswap, Kucoin, and Bithumb.

Alternative Worldcoin (WLD)

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