Worldcoin, a cryptocurrency project backed by Sam Altman, is set to increase the supply of its WLD token by up to 19% as its subsidiary, World Assets, plans to sell between 0.5 million to 1.5 million WLD tokens weekly from its treasury. This move aims to support the network's growth and meet the demand for orb-verified World IDs. The decision comes amid market concerns and a recent 7% drop in the WLD token's value. The project has also encountered an unexpected problem of running low on orbs.
$WLD has taken monetizing attention to a new level, everytime massive unlocks are coming or they literally announce they are dumping MILLIONS They follow it up with some insane news, trapping shorts and perpetuating the scam This coin will fuck over so many ppl its unreal https://t.co/ED8qd3194k
FORTUNE: Sam Altman’s Worldcoin eyeing partnerships with PayPal and OpenAI https://t.co/8HybS3a9OH
Worldcoin Expands Network with WLD Token Sale Despite Market Concerns via @thevrsoldier https://t.co/mfaqWG04g3
🗞️ Crypto News Worldcoin $WLD, the digital identity project, has announced plans to increase the supply of its WLD token by up to 19%. 🔗 https://t.co/5Wn5ZXsPbB #CryptoNews
Worldcoin subsidiary World Assets plans to sell WLD tokens to meet the demand for orb-verified World IDs and support Worldcoin network growth; WLD drops 7%+ (@bmcgleenon / The Block) https://t.co/ZogEFiKv5U 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/ayabolSuTM
🟡 SCOOP: The Sam Altman-backed crypto project Worldcoin has run into an unexpected problem: It’s running low on orbs, @ReedAlbergotti reports. https://t.co/zWqyNvRZSK
🚨JUST IN: @WORLDCOIN SUBSIDIARY 'WORLD ASSETS' PLANS TO ROUTINELY SELL $WLD TOKENS FROM ITS TREASURY OVER THE COMING MONTHS
Worldcoin subsidiary expects to sell WLD tokens from treasury to 'support' network growth https://t.co/w8sd3ltGy3
JUST IN: @WORLDCOIN FOUNDATION SUBSIDIARY TO SELL 0.5M - 1.5M $WLD PER WEEK FROM TREASURY
JUST IN:@WORLDCOIN FOUNDATION SUBSIDIARY TO SELL 0.5M AND 1.5M $WLD PER WEEK FROM TREASURY
$WLD inflating their supply https://t.co/3wS4VqnzmK