The Worldcoin Foundation has indicated that orb operators, responsible for enrolling individuals into the Worldcoin network, will soon be compensated in WLD tokens instead of USDC stablecoins. This shift is anticipated to be finalized by the coming month, based on a recent announcement. However, this announcement is not accessible to individuals residing in the U.S.
Additionally, the Foundation shared insights about the circulation of WLD tokens. Currently, over 1% of its maximum supply of 10 billion tokens is in circulation. Out of the roughly 134 million WLD tokens that have been released, 100 million were loaned to market makers, with the remainder, about 34 million, being awarded as grants to users and orb operators.
As the loan agreement is scheduled to end on October 24, Worldcoin has disclosed plans to extend these agreements up to December 15 of the current year. However, the renewed loan agreement will only involve 75 million tokens. Market makers have the choice to either return or opt to buy a part or the entirety of the remaining 25 million tokens as per the revised terms.
Even though Worldcoin has faced "operational challenges", as stated by its co-founder Sam Altman, known for establishing OpenAI (the organization that created ChatGPT), the distribution of Worldcoin's token grants has been witnessing a consistent upward trajectory after an initial phase of heightened interest.
