Worldcoin

Discounted tokens in FTX's bankruptcy assets continue to attract investor attention, and buyers have achieved substantial returns

ChainCatcher news, according to The Block, the discounted token sales from FTX's bankrupt assets continue to attract investor attention. Investors have snapped up millions of tokens from several projects, betting that these assets are undervalued and may have long-term upside potential.The largest holding of FTX's assets is 41 million locked Solana (SOL), currently valued at approximately $6 billion. The asset management team sold these tokens in batches at a discounted price ranging from $64 to $110 in April and May. The current trading price of SOL is about $142, and investors who bought in, such as Pantera Capital, Galaxy Trading, and Figure Markets, have already realized paper profits.The FTX asset management team plans to auction 22.3 million locked Worldcoin (WLD) tokens, valued at approximately $38 million. Despite concerns from investors about the length of the lock-up period, the auction remains competitive, with WLD trading at "slightly above $1." The current trading price of WLD is about $1.78.The FTX asset management team has also sold Metaplex (MPLX) tokens, which several crypto funds subsequently purchased at a discount from Wave Digital Assets.Investors indicate that they are focused on high-quality assets and projects led by visionary founders. Despite the risks, the appeal of discounted tokens and potential returns make many investors consider these investment opportunities worthwhile.

The Worldcoin Foundation launches a new ongoing funding program to stimulate innovation

ChainCatcher news, according to official sources, the Worldcoin Foundation has announced significant improvements to its community funding program, which will simplify the application process and provide more innovative opportunities for builders in the global community.The official statement indicates that the foundation is transitioning to a dynamic, continuous application system, rather than the previous wave-based structure. This shift allows applicants to submit their proposals at any time, eliminating the need to wait for specific funding waves. The updated RFP list continues to emphasize key areas of Worldcoin development, including:World ID Applications: Creative implementations of World ID that demonstrate its potential for secure, privacy-preserving authentication across various use cases.Digital Identity Solutions: Advancing projects for decentralized identity status, exploring new methods of identity verification and user-centric personal data management and control.Growth Initiatives: Proposals aimed at expanding the Worldcoin user base, improving onboarding processes, or creating educational resources to enhance understanding and adoption of Worldcoin.Governance Innovations: Ideas that contribute to the decentralization of Worldcoin, enhance community decision-making processes, or explore new governance models utilizing World ID.Improved Developer Experience and Tools: Projects focused on creating robust SDKs, API enhancements, documentation improvements, or development frameworks that make it easier for builders to integrate and use Worldcoin technology.
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