World Token logo

World Token

WORLD

Price
$0.0023
8/17/2022, 7:44:02 AM
diamondHands

Keep an eye on World Token

Get instant alerts for major price changes.

Market

Market stats

Market cap

$225,544.69

Volume (24h)

-

Circulating supply

98.4M WORLD

All time high

$0.26

Price change (1h)

0%

Price change (24h)

-0.25%

Price change (7d)

+24.95%

Sign up now to get up to $400 in rewards

Coinbase users can earn up to $400 on average just by taking advantage of our rewards. Get started now.

congratulationsOnEarningCrypto

World Token is on the rise this week.

The price of World Token has risen by 24.95% in the past 7 days. The price declined by 0.25% in the last 24 hours. The current price is $0.002293 per WORLD. World Token is 99.12% below the all time high of $0.26.

The current circulating supply is 98,358,804.27 WORLD.

About

What Is World Token (WORLD)?

As mentioned on the website, ‘World’ is a digital platform that combines two things, a marketplace and the native token, WORLD. First, the World marketplace serves as a one-stop store for digital goods on the internet. NFTs, games, collectibles, comics, gift cards, music, e-books, and more are available on the marketplace. Next, smart contracts facilitate all transactions in the marketplace. The World Marketplace aims to bridge the gap between the merchants and the customers.

Second, the platform’s token WORLD aims to provide various benefits to the users, like staking. Holders of World token receive rewards passively. If a user owns 5% of the supply, they receive 5% of the 1% holder’s rewards. There is no need for users to deposit tokens into any contracts; simply having them in an ERC-20 wallet earns them more.

The WORLD token also allows becoming a liquidity provider for the liquidity pools. A liquidity pool is a crowdsourced pool of cryptocurrencies or tokens locked in a smart contract to execute trades between digital assets on a decentralized exchange (DEX). Users can earn 1% of the pool by depositing LP tokens for the ETH-WORLD pair. Of every WORLD token transaction, 1%  is sent to the LP rewards pool contract. The mechanism calculates the total amount of the pool at midnight and then distributes 1% of it as the next day’s prizes. The payout increases as the pool grows, and the reward pool can thus never be depleted.

Additionally, WORLD has a mechanism for getting burned. Token burn happens when tokens are sent to an unusable wallet address where no one can ever retrieve the tokens. Token burning is done to create a scarcity in the supply of the tokens so that the value increases. Besides this, there is a 3% tax on every transaction of the WORLD token. The tax is equally distributed to three parties—holders, liquidity providers, and a perpetual marketing/development fund. 

Related Assets

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Comparable market cap

Of all the assets on Coinbase, these 8 are the closest to World Token in market cap.

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Coinbase Bytes article