What is Worldcoin? WLD Price Prediction 2023, 2024, 2025 to 2030
Worldcoin, co-founded by OpenAI CEO Sam Altman, seeks to establish a global digital currency backed by a unique iris-based ID system. Its multi-functional World App offers payment and asset transfer services, and recently secured $115 million in a Series C funding round led by Blockchain Capital. On July 24th, Worldcoin’s native token, WLD, made its debut on leading crypto exchanges, with promising price projections anticipated due to its innovative tech and substantial institutional support.
In this article, we are going to also see WLD price prediction from 2023 to 2030 and my personal opinion on what I think of this project, and if buying WLD token worthwhile in 2023.
But first thing first: As of August 30, 2023, WLD token is trading at $1.32 with a marketcap of $169,365,416.
What we are going to learn?
What is Worldcoin?
Worldcoin is a global initiative aiming to create a privacy-preserving digital identity system, World ID, and a digital currency, Worldcoin Token (WLD). Verified via a biometric device, the Orb, World ID distinguishes humans from AI online while preserving privacy. WLD aligns user incentives towards network growth.
The World App facilitates the verification process and manages World ID credentials. Worldcoin’s potential applications include instant financial transactions, bot-free digital communication, global democratic processes, equitable resource distribution, and a possible pathway to AI-funded Universal Basic Income, promising to significantly increase global equality of opportunity.
Worldcoin Funding: How much did Worldcoin raise?
Worldcoin, the cryptocurrency project co-founded by OpenAI CEO Sam Altman, recently received a significant boost with a $115 million Series C funding round, led by Blockchain Capital. This round, which also saw participation from prominent investors like a16z, Bain Capital Crypto, and Distributed Global, comes on the heels of the $100 million raised in March 2022, when Worldcoin was valued at $3 billion.
The latest funding will fuel the expansion of Worldcoin’s project, boost research and development, and enhance bot detection. Despite a bear market, investors continue to show keen interest in Worldcoin, which has already onboarded around two million users across five continents during its beta phase.
This support underscores the belief of Blockchain Capital and its general partner, Spencer Bogart, that Worldcoin could serve as a major gateway to the crypto world, with its World App potentially becoming the most widely adopted crypto wallet.
What is Worldcoin Orb?
The Worldcoin Orb is a unique biometric device used in the Worldcoin system. It’s central to the process of creating a World ID, which is a privacy-preserving digital identity based on proof of personhood.
The Orb is used to verify that an individual is both human and unique, without revealing their actual identity. This is done through advanced biometric scanning, with a focus on protecting user privacy. The images taken by the Orb are promptly deleted by default after verification to maintain this privacy.
Thus, the Worldcoin Orb plays a crucial role in distinguishing humans from AI online while preserving individual privacy, a key premise upon which Worldcoin is built.
WLD tokenomics
The WLD tokenomics structure is comprehensive, with a total supply of 10 billion WLD tokens. These tokens are allocated and distributed across various categories to ensure diverse involvement and long-term growth of the Worldcoin ecosystem.
The allocation of tokens is as follows:
- User Grants (25%): 2.5 billion WLD tokens are allocated for User Grants, given to users after biometric verification. The distribution is phased over 15 years, with users receiving less as more people join the network.
- Ecosystem Fund (10%): 1 billion WLD tokens are assigned to the Ecosystem Fund. This fund aims to provide financial resources for strategic investments, partnerships, and other operations that help grow and secure the Worldcoin ecosystem.
- Community Grants and Incentives (10%): 1 billion WLD tokens are earmarked for Community Grants and Incentives, aimed to incentivize contributions to the growth of the ecosystem, like the development of new protocols, systems, and integrations.
- Initial Development Team (12.5%): 1.25 billion WLD tokens are allocated to the initial development team for their work on the Worldcoin project. The tokens are vested over four years, with a one-year cliff.
- TFH Investors (12.5%): 1.25 billion WLD tokens are assigned to Tools for Humanity (TFH) Investors who provided initial funding. These tokens are also vested over four years.
- TFH Reserve (20%): 2 billion WLD tokens are held in reserve by TFH, serving as a backup for the project to counter unexpected circumstances or to exploit new opportunities.
- Liquidity Provisioning (10%): 1 billion WLD tokens are allocated for liquidity provisioning. This strategy ensures that the token has sufficient liquidity, which facilitates price discovery and stability.
On the technical front, Worldcoin utilizes Ethereum Mainnet and Optimism “layer 2” network for its operations, demonstrating its focus on security, scalability, and reduced transaction costs.
To maintain long-term value and utility of WLD tokens, there’s a provision to mint up to 1.5% of new tokens per year after 15 years, which will be controlled by the protocol’s governance system.
Though the WLD tokenomics reflects a well-thought-out balance between short-term growth and long-term sustainability, I personally feel with tokenomics structure, long term, I do not see the token increasing its value by leaps and bounds because of the high inflation.
What is the utility of Worldcoin?
Worldcoin is designed to serve several key utilities:
- Digital Identity Verification: Worldcoin’s World ID offers a privacy-preserving, global identity network. It uses proof of personhood, verified through a biometric device called the Orb, to establish that an individual is unique and human, helping distinguish humans from AI online while preserving privacy.
- Global Financial Transactions: Worldcoin’s digital currency, the Worldcoin Token (WLD), is designed to provide universal access to a decentralized financial infrastructure. This can facilitate instant, borderless financial transactions, offering a new level of financial inclusion and economic opportunity.
- Network Incentive Alignment: The issuance of Worldcoin tokens to network participants aligns incentives around the growth of the network. This helps to bootstrap the network, potentially leading to the Worldcoin token becoming the most widely distributed digital asset.
- Governance and Resource Distribution: By providing a secure, private, and universal digital identity, Worldcoin can enable fairer airdrops, protect against bots/sybil attacks, and allow for the fair distribution of limited resources. Additionally, it can enable more democratic processes and novel forms of governance, potentially paving the way for an AI-funded Universal Basic Income (UBI).
- Infrastructure for Web3: Worldcoin could provide a critical building block for the next-generation internet (Web3), offering a secure, privacy-preserving, and human-verified identity system that is currently lacking in the digital realm.
How to buy Worldcoin (WLD)?
WLD is available to be bought and sold and top crypto exchanges from 24th of July 2023. You can buy WLD on crypto exchanges like Binance, Kucoin, Uniswap, Bithumb and more.
However, our recommendation to trade Wordlcoin would be on Binance, as you would find the highest liquidity nowhere else. Ofcourse, if you are a fan of decentralisation, Uniswap should be your go to exchange.
Worldcoin (WLD) Price Prediction 2023
When | Maximum Price | Minimum Price |
September 2023 | $1.93 | $1.36 |
October 2023 | $1.51 | $1.01 |
November 2023 | $1.05 | $0.71 |
December 2023 | $1.76 | $1.05 |
WLD price prediction 2023: A lot is happening with WLD token since it launched in July, 23. Kenya has put a halt to Worldcoin’s cryptocurrency initiative, citing safety concerns related to the project. There may be more countries jumping in to ban Worldcoin, as the project has serious privacy issues.
WLD token is expected to trade in between $1.93 (September 2023) and $1.05 (December 2023). For the month of September, 2023, minimum and maximum price prediction for WLD is $1.93 and $1.36 respectively.
WLD Price Prediction 2024
When | Maximum Price | Minimum Price |
January 2024 | $2.15 | $1.29 |
February 2024 | $2.79 | $1.82 |
March 2024 | $3.05 | $2.38 |
April 2024 | $2.70 | $2.25 |
May 2024 | $2.25 | $1.88 |
June 2024 | $1.61 | $1.34 |
July 2024 | $1.93 | $1.61 |
August 2024 | $2.16 | $1.80 |
September 2024 | $2.42 | $2.02 |
October 2024 | $2.78 | $2.32 |
November 2024 | $3.48 | $2.90 |
December 2024 | $4.17 | $3.48 |
Worldcoin (WLD) Price Prediction 2025
When | Maximum Price | Minimum Price |
January 2025 | $4.59 | $3.70 |
February 2025 | $4.83 | $3.45 |
March 2025 | $6.04 | $4.87 |
April 2025 | $7.19 | $5.14 |
May 2025 | $7.82 | $6.30 |
June 2025 | $9.38 | $6.70 |
July 2025 | $9.20 | $7.42 |
August 2025 | $11.04 | $7.88 |
September 2025 | $13.80 | $11.13 |
October 2025 | $17.24 | $12.32 |
November 2025 | $18.80 | $15.16 |
December 2025 | $20.68 | $14.77 |
- Maximum Worldcoin (WLD) Price Prediction 2025: $20.68
- Minimum Worldcoin (WLD) Price Prediction 2025: $3.45
Worldcoin Price Prediction 2026
When | Maximum Price | Minimum Price |
January 2026 | $24.81 | $20.01 |
February 2026 | $19.85 | $14.18 |
March 2026 | $15.27 | $12.31 |
April 2026 | $11.45 | $8.18 |
May 2026 | $8.47 | $6.83 |
June 2026 | $6.52 | $4.66 |
July 2026 | $5.21 | $4.21 |
August 2026 | $4.04 | $2.89 |
September 2026 | $5.05 | $4.08 |
October 2026 | $6.32 | $4.51 |
November 2026 | $6.95 | $5.60 |
December 2026 | $7.78 | $5.56 |
WLD Price Prediction 2027
When | Maximum Price | Minimum Price |
January 2027 | $9.34 | $7.53 |
February 2027 | $7.47 | $5.34 |
March 2027 | $5.75 | $4.63 |
April 2027 | $4.88 | $3.49 |
May 2027 | $4.10 | $3.31 |
June 2027 | $3.16 | $2.25 |
July 2027 | $2.52 | $2.04 |
August 2027 | $1.96 | $1.40 |
September 2027 | $2.45 | $1.97 |
October 2027 | $3.06 | $2.18 |
November 2027 | $3.36 | $2.71 |
December 2027 | $3.77 | $2.69 |
WLD Price Prediction 2028 to 2030
When | Maximum Price | Minimum Price |
January 2028 | $4.52 | $3.65 |
February 2028 | $3.62 | $2.58 |
March 2028 | $3.29 | $2.65 |
April 2028 | $2.80 | $2.00 |
May 2028 | $2.35 | $1.89 |
June 2028 | $2.13 | $1.52 |
July 2028 | $2.67 | $2.15 |
August 2028 | $3.44 | $2.46 |
September 2028 | $4.30 | $3.47 |
October 2028 | $5.38 | $3.84 |
November 2028 | $5.92 | $4.77 |
December 2028 | $6.63 | $4.73 |
January 2029 | $4.57 | $3.69 |
February 2029 | $5.38 | $3.84 |
March 2029 | $6.72 | $5.42 |
April 2029 | $8.00 | $5.72 |
May 2029 | $8.70 | $7.01 |
June 2029 | $10.44 | $7.46 |
July 2029 | $9.94 | $8.02 |
August 2029 | $8.28 | $5.92 |
September 2029 | $10.36 | $8.35 |
October 2029 | $12.94 | $9.25 |
November 2029 | $14.24 | $11.48 |
December 2029 | $15.95 | $11.39 |
January 2030 | $15.53 | $12.53 |
February 2030 | $18.64 | $13.31 |
March 2030 | $17.75 | $14.32 |
April 2030 | $14.79 | $10.57 |
May 2030 | $18.49 | $14.91 |
June 2030 | $23.11 | $16.51 |
July 2030 | $25.43 | $20.51 |
August 2030 | $28.48 | $20.34 |
September 2030 | $27.74 | $22.37 |
October 2030 | $33.29 | $23.78 |
November 2030 | $31.70 | $25.56 |
December 2030 | $26.42 | $18.87 |
WLD token Price prediction in INR
Year WISE (in INR)
|
Maximum Price | Minimum Price |
2023 | ₹502.93 | ₹102.09 |
2024 | ₹486.12 | ₹112.53 |
2025 | ₹1,757.51 | ₹293.44 |
2026 | ₹2,133.83 | ₹248.33 |
2027 | ₹812.44 | ₹121.64 |
2028 | ₹583.04 | ₹134.17 |
2029 | ₹1,419.32 | ₹328.09 |
2030 | ₹3,028.97 | ₹961.58 |
FAQs
What is the purpose of the Worldcoin Orb?
The Worldcoin Orb is a custom biometric device designed to verify an individual’s unique human identity as part of the World ID system. It allows individuals to prove they are human without revealing their real-world identity, distinguishing humans from AI online while preserving privacy.
How does Worldcoin propose to increase global equality of opportunity?
Worldcoin aims to increase global equality by providing universal access to a decentralized digital identity and financial network. By distributing Worldcoin Tokens (WLD) to all network participants, it enables instant and borderless financial transactions. Its World ID system could also facilitate global democratic processes, help maintain bot-free digital communication, and enable more equitable distribution of resources.
What safeguards are in place to prevent fraud or misuse with Worldcoin?
Worldcoin’s World ID system uses custom biometric hardware, the Orb, to establish proof of personhood, ensuring that each World ID is unique to an individual. This proof of personhood system is designed to prevent fraudulent actors from acquiring more than one World ID or using someone else’s credentials. Moreover, all images taken by the Orb are promptly deleted on-device by default to protect user privacy.
What is the WLD price prediction for 2025?
The maximum price is predicted to be $20.68 in December 2025, while the minimum price is forecasted to be $3.45 in February 2025.
What is the WLD price prediction for 2030?
The maximum price prediction for the WLD token in the year 2030 is $33.29 in October. On the other hand, the minimum price prediction for the WLD token in the same year is $10.57 in April.
When will WLD reach 10USD?
WLD is expected to reach 10USD by August 2025
Final Thoughts: Should you invest in WLD?
Despite its impressive technological advancements under the guidance of Sam Altman and a unique concept, Worldcoin and its native token WLD might not be an ideal choice for retail investors. The fact that barely over 1.28% of tokens are currently in circulation, coupled with its presence in the top 200 cryptocurrencies by market cap, and an FDV of 13.2 Billion USD, raises significant red flags. As more WLD tokens enter circulation, there is a significant risk of price depreciation.
Another aspect is should you actually let Sam Altman scan your eyes for just 100USD worth of WLD token. I would certainly not do that.
Although WLD predictions point towards a significant increase in the token price, reaching $10 by August 2025 and $30 by October 2030, the potential for dumping could overshadow these gains. Ultimately, while Worldcoin’s concept and technology hold great potential, the tokenomics of WLD may dissuade potential investors. As such, a cautious approach is advisable in relation to Worldcoin.