Tokens of the Worldcoin (WLD) project lit up on exchanges

Date: 2023-07-24 Author: Karina Ziganova Categories: BLOCKCHAIN
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Tokens of the Worldcoin cryptocurrency project from Sam Altman began to arrive at the addresses of the OKX and Bybit crypto exchanges

The worldcoin token (WLD) of the Worldcoin cryptocurrency project from the founder of the ChatGPT developer has appeared on exchanges. The listing of the token on its Twitter page has already been announced by the Bybit exchange, the OKX trading platform and Binance.

The Bybit exchange will support the deposit in worldcoin tokens on the Ethereum network standard (ERC-20) and the Optimism sidechain. It is unclear whether other exchanges plan to support the sidechain-based token. You can deposit WLD into exchange wallets right now, but the withdrawal will be available only on July 25.

Bybit's token is available in the WLD/USDT and WLD/USDC trading pairs. Only the WLD/USDT pair is available for traders on the OKX platform, while WLD/USDT, WLD/BTC are available on Binance. Trading will begin when the WLD offer is sufficient to conduct operations, the exchanges noted.

The total supply of WLD will be 10 billion tokens. According to the history of blockchain transactions, OKX wallets received over 14.5 million WLD. Bybit received at least 4.9 million tokens. At the time of writing, more than 85% of the issued tokens settled on just five addresses.

At the same time, OKX accounts for less than 0.15% of the supply, while Bybit accounts for less than 0.05%. At the time of writing, all tokens in circulation are distributed among 37 addresses.

Uniswap V2 also has a WLD-ETH trading pair in the listing, but it seems that it was created by a certain enthusiast and the token has nothing to do with the Worldcoin project.

For investors in the United States, the WLD token is not available. The project decided to distribute WLD outside the country, citing uncertainty around the regulation of the crypto market in the United States. It is unclear whether U.S. investors can receive tokens for their affiliated structures outside the country.

In mid-May, Tools for Humanity (behind the development of Worldcoin) raised $115 million from investors. Other participants included U.S. venture capital giants like Andreessen Horowitz, as well as Bain Capital Crypto and Distributed Global.
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