Worldcoin to raise $50m via discounted token sale
The Worldcoin (WLD) cryptocurrency project is reportedly planning to secure up to $50 million via a discounted token sale. The project, co-founded by OpenAI’s Sam Altman, will offer WLD token s at a suggested price of $1, according to BitKe. This presents a significant markdown from the current $2.51. Tools for Humanity, the principal developer firm behind Worldcoin, is overseeing the sale. Discounted token sale In October, Worldcoin faced suspension in Kenya as numerous individuals gathered at various locations to register and undergo eye scans in return for 25 WLD tokens, equivalent to approximately Ksh7,700 ($54.60) at that time. The project came under scrutiny for allegedly collecting data from locals without proper licensing from authorities. Despite this, the program witnessed participation from over 2.5 million individuals globally. Tools For Humanity (TFH) has initiated discussions with investors to potentially raise additional funds through the sale of WLD tokens....