The Worldcoin (WLD) cryptocurrency project, co-founded by OpenAI's Sam Altman, is reportedly looking to raise up to $50 million through a discounted token sale. BitKe reports that WLD tokens are to be offered at around $1 each, significantly below the current market price of $2.51. The sale is being managed by Tools for Humanity, the main developer of Worldcoin.
In October, Worldcoin's initiative in Kenya was halted as people gathered at various locations for eye scans in exchange for 25 WLD tokens, worth about Ksh7,700 ($54.60) then. However, the project faced criticism for allegedly collecting data without proper authorization, despite attracting over 2.5 million participants worldwide.
Tools For Humanity is currently engaging with investors to potentially raise more funds by selling WLD tokens. Recent discussions indicate a
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First found on: Worldcoin Plans $50 Million Discounted Token Sale
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Its an amazing writeup on the topic.Worldcoin Cryptocurrency is a groundbreaking step aiming to achieve widespread adoption by distributing a unique global currency to every individual on Earth. Leveraging biometric identification, it aims to create a fairer and more inclusive financial system.
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