Gate News, April 14, according to Gate market data, as of the time of writing, WLD (World) is trading at $0.31. It is up 5.27% over the past 24 hours, with a high of $0.32 and a low of $0.29. The 24-hour trading volume is $1.1855 million. The current market cap is approximately $1.03B.
World is an open-source protocol system designed to help everyone access the global economy. By design, it uses a decentralized architecture, where its oversight and decision-making ultimately depend on the user community. World is committed to building a network of real humans through four major tools: World ID, World App, World Chain, and Worldcoin. Among them, World ID provides anonymous human identity verification, World App offers convenient access to World technology, World Chain is a blockchain designed for real humans, and Worldcoin (WLD) is the digital token that powers the network of real humans. At present, World operates in more than 160 countries worldwide, with over 17.96 million unique users and more than 889 active Orbs (verification points).
Recent important news for WLD:
1️⃣ Institutional heavy accumulation of WLD; US-listed company becomes the main holder Nasdaq-listed Eightco Holdings has become the largest public-market participant in the Worldcoin ecosystem, holding approximately 9% of the circulating WLD supply. The company’s total asset value is $321 million, with its WLD holdings accounting for a significant portion. At the same time, the company has also invested $90 million in OpenAI, showing long-term confidence in the World ecosystem. Such institutional-level large holdings provide fundamental support for WLD.
2️⃣ Tokenomics optimization is positive for long-term value The WLD token unlock rate will be automatically reduced by 43% starting July 24. The daily unlock amount will decrease from about 5.10 million tokens to about 2.90 million tokens. Specifically, the community token unlock rate will drop by 50%, while the team and investor token unlocks will drop by 32%. This move stems from established on-chain contract arrangements, aiming to gradually reduce the timing of future sell-pressure and help ease supply pressure, supporting mid- to long-term price stability.
3️⃣ Stable circulating supply; clear unlock progress Currently, WLD has unlocked 4.9 billion tokens (49% of the total supply), of which the circulating amount is about 3.3 billion tokens. The remaining 9.5 billion tokens will continue to be unlocked linearly over 15 years, with no single-day concentrated release node, ensuring the predictability of token supply and market stability.
This news is not investment advice. Please be mindful of risks from market volatility when investing.
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