Worldcoin's Mainnet, WLD Token Set to Go Live
Launch of the token comes alongside protocol launch and prior release of the wallet.
Sam Altman’s crypto project Worldcoin is set to launch its WLD token and mainnet on Monday, the company made the announcement on Twitter over the weekend.
, although the launch was expected with an announcement going to the press under embargo.
Sam Altman is the co-founder of Open AI, the company behind ChatGPT. Tools for Humanity, the team behind Worldcoin, raised a in May. The round was led by Blockchain Capital with participation from a16z, Bain Capital Crypto and Distributed Global.
"In the age of AI, the need for proof of personhood is no longer a topic of serious debate; instead, the critical question is whether or not the proof of personhood solutions we have can be privacy-first, decentralized, and maximally inclusive," Worldcoin co-founder Alex Blania said in a press release.
The exact tokenomics of the project is expected to be revealed later on Monday. , Worldcoin released a wallet for the protocol called World App, running on Polygon.
WLD will not be available in the U.S. due to regulatory uncertainty.
Edited by Parikshit Mishra.
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.
You may also like
Cardano Surpasses Bitcoin and Ethereum in Institutional Inflows
VIPBitget VIP Weekly Research Insights
In recent weeks, rising risk-averse sentiment and declining demand for leverage have led to a sharp drop in yields across Earn products. On major DeFi platforms, stablecoin yields have fallen below 4%, while on centralized exchanges, yields on stablecoin-based Earn products now hover around 2%. In contrast, Bitget HodlerYield offers users a 10% APR on stablecoins, with no 7-day cooldown for withdrawals or claims. Funds can be deposited and redeemed instantly, offering greater convenience and flexibility.
Bitwise’s Crypto ETF Strategy Amid Market Turmoil
Bitwise has introduced three new actively managed ETFs focused on generating income from crypto-related stock volatility. The crypto ETFs use synthetic covered call strategies to collect premiums while limiting exposure to sharp upward price movements. IMST targets Strategy’s volatile stock to generate monthly income through advanced algorithmic options trading.
Ethereum Price Approaches Resistance—Will It Smash Through?
Trending news
MoreCrypto prices
More
