According to an announcement by the Worldcoin Foundation yesterday, October 22, by November, its team intends to start paying their operators with WLD (Worldcoin) its native token, while phasing out USDC.
Worldcoin is a cryptocurrency project with a team that developed a database of comprehensive personal identifiers.
To achieve this project, Worldcoin offers the participants the opportunity to scan the eye’s iris through an orb device.
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Those employees who collect the scans are known as the orb operators, and they are the people that Worldcoin intends to settle with its WLD native tokens and suspend paying them in USDC by next month.
Moreover, this change will likely affect various jurisdictions. Previously, on the 10th of this month, the Worldcoin Foundation commenced a pilot program to provide a few operators with payments with its native tokens WLD.
Quick Takes
- According to Worldcoin, this new move to fully pay its independent ecosystem participants (orb operators) in WLD is a transitional phase after the project’s official launch last July 24.
- By November of this year, the platform expects that the transitional phase will be over so that all of its operators can also receive WLD.
- However, according to Worldcoin’s blog, the native tokens of Worldcoin, WLD, are not yet available to companies or people that are residing in the US and other particular territories.
- Despite that, information from Dune Analytics, Worldcoin’s official dashboard, reveals that WLD tokens supply has risen from its former approximately 100 million during its launch to 134 million at the time of this publication.
What’s Happening In Crypto Today?
As of this writing, Bitcoin is changing hands at $30,650.39 while recording a slight increase in market cap by 2.55% and an increase in trading volume by 35.45%.
On the other hand, Ethereum is currently selling at $1,676.17, with a slight rise in market cap by 2.84% and an increase in trading volume by 54.79%.
- Meanwhile, USD Coin is currently trading at $1.00 while recording a decrease in market cap by 0.22% and an increase in trading volume by 69.75%.
- Solana, right now, sells at $29.63, with an increase in market cap by 4.54% and a drop in trading volume by 6.44%.
- On the side of Cardano, its current price is at $0.2652 while recording a slight rise in market cap by 3.03% and an increase in trading volume by 21.70%.
- Meanwhile, Dogecoin is now changing hands at $0.06444, with a rise in market cap by 6.17% and an increase in trading volume by 80.70%.
- On the other hand, TRON is currently trading at $0.09069 while recording a slight increase in market cap by 0.05% and an increase in volume by 25.84%.
