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Worldcoin to WLD Token to Reward Orb Operators: Report

Published 10/23/2023, 08:51 PM
Updated 10/23/2023, 09:15 PM
Worldcoin to WLD Token to Reward Orb Operators: Report

  • Worldcoin Foundation to reward Orb operators in WLD tokens, replacing Circle’s USDC.
  • Since the launch of the WLD project, the operators have been rewarded in USDC.
  • The change takes effect in November when the transitional period will come to an end.

In a recent announcement dated October 22, the Worldcoin Foundation revealed its decision to use the platform’s native token, WLD, to reward Orb operators, replacing Circle’s USD Coin (USDC). The announcement also sheds light on the unavailability of the Worldcoin (WLD) tokens to individuals or institutions in America and some other restricted regions at present.

Since the launch of the Worldcoin project on July 24, 2023, the Worldcoin Orb Operators utilizing Orbs devices, etc., were rewarded by paying in USDCs. Acknowledging these 3 months as a “transitional period”, and stating that the period is towards its end, the platform claimed that the operators will receive rewards in WLD from November 2023. The announcement read,

In November 2023, the Worldcoin Foundation expects that the transition process will be completed such that all Operators will receive WLD going forward.

The Worldcoin post hig…

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