WorldcoinWLD

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FAQ About Worldcoin (WLD)

• What Is Worldcoin (WLD)?

  The tokens are issued to network participants in order to align their incentives with the growth of the networks. It is important to do this early in order to bootstrap the network, and avoid the "cold-start problem". The Worldcoin Token (WLD), if widely distributed, could become the most popular digital asset.

• Where to Buy Worldcoin (WLD)?

  You can buy Worldcoin (WLD) with USDT here on Toobit. Read our guide on How to Buy Crypto on Toobit for more information.

• How to Buy Worldcoin (WLD)?

  To buy CGPT, you can follow these general steps:
  
  1. Choose a cryptocurrency exchange and Create an Account
  Start by selecting a reputable and reliable cryptocurrency platform that supports CGPT trading. You can also buy CGPT here on Toobit. Sign up.
  
  2. Complete Verification (Not Mandatory):
  Read our How to Complete Identification on Toobit guide for more information.
  
  3. Deposit Funds:
  Deposit funds into your Toobit account. This could be done via credit/debit cards, or your crypto wallet.
  
  4. Navigate to CGPT:
  Once your account is funded, navigate to the Markets section of the platform.
  
  5. Buy CGPT:
  Locate CGPT in the list of available cryptocurrencies.
  Place a buy order. Read our How to Buy Crypto on Toobit guide for more information.

• Where to Buy Worldcoin (WLD)?

  You can buy Worldcoin (WLD) on some cryptocurrency exchanges. Choose one that suits you. You also can buy Worldcoin (WLD) on Toobit with USDT. Read our guide on How to Trade Spot on Toobit for more information.

• What is Worldcoin (WLD) Price Now?

  Are you looking for Worldcoin (WLD) Price? Live Worldcoin price is updated in real-time on Toobit.

• How does Worldcoin Work?

  Worldcoin is based on World ID a privacy-preserving network of global identities. World ID will allow individuals to verify that they are real and unique humans to any platform which integrates the protocol. This will allow fair airdrops and provide protection from bots/sybils on social media. It will also enable a fairer distribution for limited resources. World ID is also capable of enabling global democratic processes, novel forms governance (e.g. via quadratic votes), and may ultimately support a path towards AI-funded UBI.
  Individuals must download World App before they can engage with the Worldcoin Protocol. This is the first wallet application that supports creating a World ID. To get their World ID orb-verified, individuals visit a physical image device called the Orb. Orbs are typically operated by a local network of independent businesses known as Orb operators. Orbs use multispectral sensors for human verification and uniqueness. They then issue a World ID that is verified by the Orb. All images are deleted immediately on device (unless Data custody has been explicitly consented to).

• What's the Worldcoin Protocol?

  Worldcoin is an innovative blockchain protocol that integrates off-chain and on-chain components to authenticate and differentiate individuals online. Developed by the GlobalTech team, Worldcoin is inspired by Semaphore from the Ethereum PSE group. This protocol is dedicated to supporting the GlobalTech mission by effectively identifying humans from non-human entities in a confidential manner, enabling the resolution of various issues such as abuse, fraud, and spam. Through unique individual identification, Worldcoin aims to enhance online security and trustworthiness for all users.

• Why is WLD price fluctuating so much?

  The WLD (WorldCoin) price is subject to various factors that can cause fluctuations, including market demand, buying and selling pressure, overall market sentiment, regulatory developments, technological advancements, and macroeconomic factors.

• How can investors predict the future price of WLD?

  Investors can use technical analysis, fundamental analysis, and sentiment analysis to predict the future price of WLD. They can also track market trends, news, and developments related to the cryptocurrency industry.

• What are some strategies for trading WLD in a volatile market?

  In a volatile market, investors can use strategies such as dollar-cost averaging, setting stop-loss orders, diversifying their portfolio, and staying updated on market news and trends. It is also important to have a clear investment plan and risk management strategy in place.

• How does the supply of WLD affect its price?

  The supply of WLD, or the total number of coins in circulation, can affect its price by creating scarcity and influencing market demand. If the supply is limited and demand is high, the price of WLD may increase. Conversely, if the supply is abundant and demand is low, the price may decrease.

• What are the potential factors that could drive the price of WLD higher in the future?

  Potential factors that could drive the price of WLD higher in the future include increased adoption and use cases for the cryptocurrency, positive regulatory developments, technological advancements, partnerships with major companies, and overall market growth and stability.

• How Many Worldcoin (WLD) Tokens Are There in Circulation?

  Worldcoin has an initial total supply of 10 billion WLD tokens. After 15 years, the supply cap remains fixed at 10 billion WLD tokens, enforced by the smart contract. However, governance has the option to introduce an inflation rate of up to 1.5% per year if deemed necessary for the protocol's long-term sustainability. The allocation of these newly minted tokens will be determined by governance.
  The token distribution breakdown is as follows:
  75% allocated to the Worldcoin community
  9.8% allocated to the Initial Development Team
  13.5% allocated to TFH Investors
  1.7% allocated to the TFH Reserve
  The Worldcoin Foundation has set a goal to allocate a minimum of 60% of all WLD tokens from the Worldcoin Community pool to individuals in the form of user grants.

• How does the technology behind Worldcoin affect its price?

  The technology behind Worldcoin, such as its scalability, security, and network upgrades, can impact its price. Innovative technological features can attract more users and investors, leading to increased demand and price appreciation. On the other hand, technical vulnerabilities or lack of development progress can have a negative impact on the Worldcoin price.

• What role do macroeconomic trends play in determining Worldcoin price?

  Macroeconomic trends, such as global economic conditions, inflation rates, and geopolitical events, can influence Worldcoin price. For example, during times of economic uncertainty, investors may turn to cryptocurrencies like Worldcoin as a store of value, leading to an increase in demand and price. Conversely, economic stability and positive growth can lead to decreased demand for cryptocurrencies and price declines.