TL;DR Breakdown Worldcoin’s token, WLD, launched with an initial surge but later dropped due to community concerns. Criticisms focus on potential privacy, centralization, and security issues, and its promotion in developing regions. Despite controversial backing and tokenomics concerns, WLD has been listed on major exchanges, with its future impact on the crypto industry still uncertain. Description Worldcoin’s native token, WLD, experienced a surge in value following its listing on major crypto exchanges, soaring to $3.58 before retracing to $2.28 at the time of writing, according to CoinMarketCap data. The project, co-founded by Sam Altman, seeks to revolutionize identity verification using a hardware unit known as the Orb, which scans individuals’ irises. … Read more Worldcoin’s native token, WLD, experienced a surge in value following its listing on major crypto exchanges, soaring to $3.58 before retracing to $2.28 at the time of writing, according to CoinMarketCap data. The project, co-founded by Sam Altman, seeks to revolutionize identity verification using a hardware unit known as the Orb, which scans individuals’ irises. Despite the initial excitement, concerns have been raised within the crypto…