Worldcoin Crashes 10% After the Project Sells 217 Million Tokens for Funding

World Foundation raised $52.5 million in a Worldcoin (WLD) token sale, and every token sold carries a 12-month lockup. Pantera Capital led the first close. 

The nonprofit will spend the capital pushing World ID into enterprise platforms, consumer apps, and AI agents.

Why the Foundation Sold Locked Tokens

The Foundation sold new tokens into sustained WLD price pressure.  Supply is the reason that concession matters. World had unlocked 4.9 billion of 10 billion WLD as of April 10, per its own tokenomics disclosure. 

Daily emissions then fell 43% on July 24, dropping from roughly 5.1 million tokens to 2.9 million. Despite this, WLD has struggled. 

The altcoin trades near $0.34, down more than 10% in 24 hours and 32.8% over the past 30 days. Large caps have fared better over the same stretch. 

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Bitcoin (BTC) gained 5.4% across 30 days, while Ethereum (ETH) added 14.9%, leaving WLD’s decline an outlier rather than a sector move. Against the downtrend, the 12-month lockup takes further immediate sell pressure off the table.

Investors Buy Into the Proof of Human Case

Bain Capital Crypto, Eightco Holdings, Selini Capital, and Susquehanna Crypto also joined the round. Eightco arrives as both buyer and incumbent. The Nasdaq-listed firm reported 283 million WLD in its treasury as of July 8, making it the largest publicly disclosed institutional holder.

This raise comes after Andreessen Horowitz and Bain Capital Crypto bought $135 million of WLD in May 2025. The Foundation also sold roughly $65 million over the counter at around $0.27 per token in March 2026.

Pantera framed the round as a bet on business demand rather than retail speculation.

“The need for Proof of Human is becoming acutely clear with the acceleration of AI development, and we see this in the influx of enterprise traction. We’re excited to continue supporting World’s mission at this inflection point in its growth.” Cosmo Jiang, Pantera Capital General Partner, said.

The Foundation also presented proof of human as infrastructure that the wider internet now needs.

“As AI agents and agentic tools proliferate, the internet, and the multibillion-dollar industries that depend on it, will need a reliable way to distinguish humans from machines. Without it, advertising models built on genuine views and engagement become unreliable, dating platforms are flooded with synthetic profiles, voting systems become more difficult to validate, creative marketplaces struggle to identify original work, and video calls become vulnerable to deepfakes and impersonation,” it explained.

Meanwhile, World Foundation said more than 39 million people have joined World Network. Over 18 million completed Orb verification. The network has also utilized more than 475 million World ID proofs. Still, the markets have not rewarded any of it. 

The lockup expires in July 2027. Whether the enterprise pipeline has materialized by then will determine what these buyers do next.

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The post Worldcoin Crashes 10% After the Project Sells 217 Million Tokens for Funding appeared first on BeInCrypto.

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