Worldcoin (WLD) is a cryptocurrency project combined with a global digital identity system, co-founded by Sam Altman, the CEO of OpenAI. As of now, WLD is trading around $1.50 with a total market capitalization exceeding $2 billion, ranking 68th in the cryptocurrency market.
Internal Factors of the Worldcoin
Worldcoin was founded in 2019 by Sam Altman, Alex Blania, and Max Novendstern, with Altman being the most prominent figure (also serving as the CEO of OpenAI). The project has raised over $250 million in funding from major venture capital firms such as a16z and Khosla Ventures.
Most recently, in May 2025, Worldcoin (now rebranded as “World”) secured an additional $135 million through direct token sales of WLD to two venture capital firms: a16z and Bain Capital Crypto.
This capital injection demonstrates strong backing from major investors and provides the necessary resources for the project to pursue its long-term vision. Worldcoin aims to build the world’s largest identity and financial network, targeting a user base of billions.
The core focus is solving the “Proof of Personhood” problem, distinguishing real humans from bots or AI in a future dominated by artificial intelligence. Each user, after downloading the World App and registering, must physically visit an Orb (a spherical device) to scan their iris and create their unique World ID.
The scanning process uses multispectral sensors to verify the uniqueness of the iris, and the image is deleted immediately on the device.
Tokenomics & On-Chain Activity
Worldcoin’s initial token allocation is structured as follows:
- 75% of the total WLD supply is designated for the Worldcoin community (primarily for user airdrops)
- 9.8% is allocated to the development team
- 13.5% to investors in Tools for Humanity (the organization behind the project)
- 1.7% to TFH’s reserve fund.
Source: Worldcoin
On-chain data shows WLD’s circulating supply has grown steadily due to ongoing token distribution. At the time of the token’s debut in July 2023, only around 100 million WLD were in circulation. By late April 2025, circulating supply jumped to around 1.3 billion WLD, or 13% of total supply.
After selling tokens to a16z and Bain Capital Crypto, circulating supply rose to about 1.51 billion WLD, or 15%.
Though the sale caused mild dilution, wallets with 1–10 million WLD now hold 798 million — over half the supply.
Sentiment data shows whale wallets added 13 million WLD in just the last week of April. This steady accumulation shows major investors trust WLD’s long-term value at current prices — a bullish sign.
Source: Santiment
Recent data from Arkham Intelligence also highlights the concentration of WLD holdings in prominent entities. The Optimism wallet holds about 2.85% of WLD, while Bithumb holds 1.36%.
These allocations show that much of the supply sits with Layer 2s and exchanges, hinting at Worldcoin’s listing strategy.
On the other hand, the team and early investors still hold about 23.3% of the total supply. As these tokens unlock over time, selling pressure may rise if stakeholders take profits.
Learn more: XRP Price Prediction in Q2/2025: Bullish Signal
However, in the next few months, token unlocks from the team and treasury stay modest. Furthermore, the recent purchases by a16z and Bain suggest they may intend to hold their tokens for the long term. Most selling pressure now comes from users who get monthly token grants and sell them.
Dune Analytics data shows that millions of WLD are distributed monthly to both new and existing users. For example, 1 million new users get 16 WLD, 6 million get 3 WLD. This could add about 34 million WLD to circulation monthly.
Source: Dune
Progress of “Iris Scanning” Deployment
Since its official launch in July 2023, Worldcoin has significantly expanded its network of Orb devices worldwide. The project reports that it has deployed approximately 1,500 Orbs across more than 35 cities in over 20 countries, with a strong presence in Europe, Asia, and Latin America.
By the end of April 2025, Worldcoin had verified over 12.5 million users across 160 countries. In May 2025, the project officially launched in the United States after a long period of anticipation – deploying Orbs in six major cities (Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco) and establishing “World Spaces” as user experience centers tailored to the American market.
Source: Worldcoin
Additionally, Worldcoin has formed partnerships with Kalshi – a licensed prediction market platform,
