Welcome to Worldcoin Foundationโs Token Sale
In the upcoming months, World Assets, a division of Worldcoin Foundation, will be releasing WLD tokens from its treasury to meet the growing demand for orb-verified World IDs and to support the expansion of the Worldcoin network.
Token Selling Schedule
- The WLD token sale will span up to six months.
- World Assets plans to sell between 0.5 million ($2.7 million) and 1.5 million ($8.1 million) WLD tokens weekly.
- This volume represents less than 0.1% to 0.4% of the current weekly token trading volume.
Private Placements
- The tokens will be sold through private placements to institutional trading firms outside of the U.S.
- The private placements are expected to last for six months.
Prohibition on Resales to U.S. Domiciles
Worldcoin has imposed restrictions on the resale of WLD tokens to U.S. individuals or on platforms accessible to U.S. residents. Additionally, there may be a 40-day lock-up period to prevent immediate resale of WLD by trading firms.
World Assets will engage multiple trading firms to competitively price the private placements as closely as possible to prevailing market rates.
Worldcoin Market Update
Currently, Worldcoin (WLD) is trading at $5.43, marking a 3% decline in the last 24 hours.
The cryptocurrency occupies the 97th position in market ranking with a market cap of $1.1 billion and a fully diluted value of $54 billion.
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