Worldcoin will sell between 500,000 and 1.5 million WLD every week for the next six months

In a blog post on April 23, Worldcoin stated that its subsidiary WorldAssets, which is responsible for token issuance, will sell up to 1.5 million WLDs each week through a series of private placements with selected trading institutions operating outside the United States. The value is approximately $8.2 million. Worldcoin said that WorldAssets expects to sell an average of 500,000 to 1.5 million WLDs per week. Therefore, the circulating supply of WLD will increase accordingly. According to CoinGecko data, adding up to 1.5 million WLD tokens per week for six months equates to an additional 36 million new tokens entering the market, currently valued at about $197 million.