Worldcoin's main developers plan to sell WLD tokens to raise up to $50 million

According to ChainCatcher, citing sources familiar with the matter, Worldcoin's main developer Tools For Humanity plans to raise up to $50 million by selling discounted WLD tokens. San Francisco investment bank FT Partners is assisting with this financing. Two people familiar with the process indicated that the price of WLD could be $1 per token, which is a significant discount from the current spot price of $2.50. Another source emphasized that no terms have been finalized yet.

Additionally, another insider stated that demand from potential investors has been strong since the token's launch, and the standard terms set will apply to any further investments in WLD.