Easy way to Buy WoWorldcoin(WLD) Online with Wigwam crypto app

Download Extension
Worldcoin | WLDWorldcoin1,223 WLD

How to buy and hold WLD with Wigwam

WLD

1. Choose a token number that you want to buy

2. Create a wallet, where to store your crypto

3. Pay with credit card

412.8 WLD

4. Check your crypto in the created wallet

Why Wigwam is the best crypto wallet for Worldcoin (WLD) storage

Ultimate security, only you have access to your Worldcoin tokens

Send, Receive, Store your Worldcoin tokens free and without limitations

Check the real-time value of your crypto tokens

Buy, Sell, Exchange Worldcoin (WLD) directly in the wallet

Stake Worldcoin (WLD) by connecting Wigwam to the popular DeFi dApps

No KYC or personal data collected

Why Wigwam is the best crypto wallet for Worldcoin (WLD) storage

Worldcoin Token review

Worldcoin (WLD) is a blockchain technology project, based on the creation of cryptocurrency and digital identity created by Tools for Humanity which includes Sam Altman, Alex Blania, and Max Novenstern as the founders. It aims to create a digital currency and a unique digital identity system. This method is called Proof of Personhood (PoP). It works by using a special device called the Orb, which checks that a person is real and unique. This helps in creating a digital identity for each person while keeping their information private. The real transition out of beta happened on July 24th, 2023, the launch date of the Worldcoin.

About Worldcoin

Worldcoin functions as a token on the Ethereum blockchain due to both layer 1 and layer 2 transactions to be efficient. This combination lets Worldcoin enjoy the scalability and security of the Ethereum blockchain while also cashing in on the benefits of the fast and affordable second-layer options.

Token Use Cases

Tokenized Worldcoin (WLD) introduces utility value and through this mechanism, users can share their opinions and make decisions regarding the Worldcoin protocol. It is the first virtual money to be given out to everyone for free, and it is also the first token that is globally distributed to everyone irrespective of how they are. Using WLD, you can decide on future projects, generate credit to the catwalk of the Worldcoin ecosystem, and perhaps become one of the recipients of Universal basic income (UBI).

Economic Value

The total supply of Worldcoin (WLD) tokens is capped at 10 billion tokens for the first 15 years. After this period, the governance of the network can decide to implement an inflation rate of up to 1.5%. At launch, the maximum circulating supply of WLD is 143 million tokens. This includes 43 million allocated to users verified during the pre-launch phase and 100 million given in loans to non-U.S. market makers that expire in three months.

Challenges

Despite its innovative approach, Worldcoin faces several challenges. Eligibility for WLD tokens is restricted based on geography, age, and other factors, limiting accessibility. The project has also faced controversies, including accusations of being a scam and concerns about its tokenomics, such as high real dilution risk due to a low circulating supply and a fixed supply cap of 10 billion WLD for at least the network's first 15 years.


Disclaimer

This article is for informational purposes only and should not be interpreted as financial or investment advice. The views expressed herein represent solely the opinion of the author and are not intended to provide specific trading or investment recommendations. We do not guarantee the accuracy, completeness, or reliability of the information contained in this article. The cryptocurrency market is known for its high volatility and unpredictable fluctuations. Investors, traders, and anyone engaging with cryptocurrency are advised to conduct thorough research, consider a variety of perspectives, and acquaint themselves with applicable local regulations prior to making any investment decisions.

FAQ

Worldcoin tokens are available for purchase on several top-tier exchanges, including Binance, bybit, Huobi, and others.

Yes, you can stake the Worldcoin token. To stake Worldcoin (WLD), you can use platforms like CoinUnited.io or others, that offer staking services for Worldcoin.

To see your address activities on the blockchain with the Worldcoin token, you can use the Worldcoin Blockchain Explorer available at chainz.cryptoid.info/wdc.

In your crypto wallet app, find the option to add a new token or coin, select "Worldcoin" from the list, and enter the token symbol (WLD) and contract address.

Token Contract Address: 0x163f8c2467924be0ae7b5347228cabf260318753

Token Symbol: WLD

Decimal Precision: With 18 Decimals

The risks associated with buying Worldcoin tokens include the project's controversies, the high real dilution risk due to a low circulating supply, and concerns about its tokenomics, such as the potential for an inflationary model after the network's first 15 years.