The full name of WLD coin is Worldcoin. It is the native token of the Worldcoin project. It is a practical token with governance attributes. WLD coin empowers users by giving them a say in the future of the protocol. Worldcoin is a token that aims to build a world-wide The pioneer project of the largest identity and financial network, at its core is WorldID, a privacy-preserving global identity network using zero-knowledge proof technology. What is the total amount of WLD coins with such unique technology? According to the official display, the total supply is 10,000,000,000 coins, but the circulation of WLD coins since its launch has only been 104,411,213 coins. Will this also make the currency circle deflation towards WLD coins? Let’s start the discussion. At present, the possibility is relatively high. Let’s talk about it in detail below.
According to official data, the total number of WLD coins is 10,000,000,000, and the current circulation is 104,411,213 coins. The mission of the WLD Coin project is to build the world's largest identity and financial network as a public utility, giving everyone ownership. The WLD coin system revolves around World ID, a global identity network that protects privacy. WorldID enables users to verify their humanity online (“Proof of Personhood”) while maintaining their privacy through zero-knowledge proofs.
WLD is an ERC-20 token on Ethereum that will provide user rewards on the Optimism mainnet. Therefore, the majority of WLD transactions will likely be conducted on the Optimism network. The WLD token is designed as a utility token with governance properties, empowering users by giving them a say in the future development of the protocol. The introduction of WorldID paves the way for the implementation of the "one person, one vote" governance mechanism. When combined with the traditional "one coin, one vote" mechanism, it is expected to create a new governance method.
The current price of Worldcoin is $7.21, which is an increase of 0.31% from 00:00 (UTC 8). Currently, Worldcoin ranks 77th in market capitalization, with a market capitalization of $1.06 billion, a circulating supply of 148 million WLD, and a maximum supply of 10.00 billion WLD. We will continue to update real-time price information for Worldcoin/USD.
| Time Range | Rise and Fall | Rise and Fall |
|---|---|---|
| Today | $0.026 | 0.37% |
| 7 days | -$0.53 | -6.87% |
| 30 days | $4.98 | 222.41% |
| 3 months | $3.54 | 96.01% |
WLD currency will deflate. Regarding the token mechanism, Worldcoin adopts a deflation reward model and incentivizes activity by completing tasks. To incentivize early contributors, rewards are deflationary, meaning that as more people join, latecomers receive less. This will not only stimulate early enthusiasm and motivation for participation and increase the user growth rate, but also, especially for old crypto players who are unable to participate in regions due to compliance requirements, will produce a FOMO effect, thereby creating market buying pressure and generating momentum for price discovery. .
The WLD coins are not issued all at once, but are obtained by completing tasks. In the early stage, you will receive 1 coin per week. In the later period, the time interval for receiving tokens will increase over time, which may be every Receive 1 coin per month, which is helpful to maintain user activity. Judging from the data, it has also achieved good results. With a total number of users of 1.7 million, the daily transaction volume has reached 50,000.
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