- Worldcoin distributed some of its tokens to eight new addresses.
- Despite allowing reservations, WLD circulation decreased.
According to Arkham Intelligence, Worldcoin [WLD] has resumed the distribution of its tokens. The blockchain, whose fundamentals align with a unique approach to global identity and a universal basic income system, sent 90 million WLDs to eight separate addresses.
How much are 1,10,100 WLDs worth today?
Spreading the word
Based on data from the crypto analytics platform, one of the beneficiaries was liquidated hedge fund Three Arrows Capital (3AC). The recent issuance means that Worldcoin has distributed 248 million WLDs in total to 26 different wallets.
While the move reflects the project’s commitment to empowering individuals across the globe, Arkham also showed that its official wallet had a balance of 1.25 billion WLDs.
Interestingly, the token distribution coincided with the period when Worldcoin announced that users of WorldApp could now reserve WLD tokens. According to Worldcoin, WorldApp users can reserve the tokens even if their WorldID hasn’t been verified.
To verify WorldIDs, users need to visit the Orb, Worldcoin’s eye-scanning technology center in their country. But as of this writing, the Orb was not yet
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Author: Victor Olanrewaju