Worldcoin (WLD) to Pay Users in Own Token, Price Reacts Unexpectedly
The post Worldcoin (WLD) to Pay Users in Own Token, Price Reacts Unexpectedly appeared on BitcoinEthereumNews.com. Godfrey Benjamin WLD tanks almost 5% despite Worldcoin Foundation’s plans to pay Orb operators in WLD Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Worldcoin (WLD) is changing its incentivization model as it has announced it will switch from paying users through USD Coin (USDC) to its own native token, WLD. The Worldcoin Foundation made the revelation through a blog post shared on Oct. 22, noting that Orb operators will be paid in WLD starting from November. The move marks a strategic shift in the Worldcoin ecosystem as it looks to expand its network, seeing how operational WLD is at the moment. The Worldcoin Foundation is even more geared to pay its Orb Operators in WLD given that the token’s supply has grown sustainably from 100 million units at the time of launch to 134 million as of the last compiled data. There are a number of programs designed to drive the utility and relevance of WLD, as highlighted by the Worldcoin Foundation. One of these is the WLD lending program to market markers. Of the total supply, 100 million WLD are allocated for this purpose. The latest cycle is set to expire on Oct. 24, but the foundation has revealed its intention to extend the loan agreement, with the supply reduced to 75 million WLD. WLD price outlook At the time of writing, WLD has shown…
The post Worldcoin (WLD) to Pay Users in Own Token, Price Reacts Unexpectedly appeared on BitcoinEthereumNews.com.
Godfrey Benjamin WLD tanks almost 5% despite Worldcoin Foundation’s plans to pay Orb operators in WLD Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Worldcoin (WLD) is changing its incentivization model as it has announced it will switch from paying users through USD Coin (USDC) to its own native token, WLD. The Worldcoin Foundation made the revelation through a blog post shared on Oct. 22, noting that Orb operators will be paid in WLD starting from November. The move marks a strategic shift in the Worldcoin ecosystem as it looks to expand its network, seeing how operational WLD is at the moment. The Worldcoin Foundation is even more geared to pay its Orb Operators in WLD given that the token’s supply has grown sustainably from 100 million units at the time of launch to 134 million as of the last compiled data. There are a number of programs designed to drive the utility and relevance of WLD, as highlighted by the Worldcoin Foundation. One of these is the WLD lending program to market markers. Of the total supply, 100 million WLD are allocated for this purpose. The latest cycle is set to expire on Oct. 24, but the foundation has revealed its intention to extend the loan agreement, with the supply reduced to 75 million WLD. WLD price outlook At the time of writing, WLD has shown…
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