Originally published on: October 02, 2024
Get ready for a lucrative opportunity as the FTX estate gears up to auction off a whopping 22 million Worldcoin tokens valued at $38 million this week. With a minimum bid of $2.5 million to participate, investors have a chance to snag these tokens at a possible discount of up to 75%.
The tokens, subject to a 4-year unlocking period ending in 2028, will see around 20,000 WLD tokens released daily starting December 1, 2024. The unlocking process will gradually slow down to approximately 14,000 tokens per day until it fully concludes in 2028.
The FTX bankruptcy estate previously sold Solana at a substantial discount, leading to criticism from stakeholders. The recent controversy surrounding a revised bankruptcy plan has further fueled tensions between creditors and the defunct exchange, with a court hearing scheduled for October 7 to address the reimbursement.
Despite false rumors of an imminent payout, speculations surrounding fund distribution have impacted FTX’s native asset, FTT, causing its price to surge by over 70%. Don’t miss out on this auction that could be your ticket to striking gold in the digital asset market.
Check out this unique chance to secure a share of the Worldcoin tokens at a fraction of their value – an opportunity that could potentially change your fortune!
