World Assets, a subsidiary of the Worldcoin Foundation, plans to sell WLD tokens from the World Assets treasury over the coming months.

The reason cited for the sale is to meet the increasing demand for orb-verified World IDs as well as claiming to support the growth of the Worldcoin network.

The WLD token selling schedule will take place for up to six months, according to a blog post. "To meet the increasing demand for orb-verified World IDs around the world and support the growth of the Worldcoin network, World Assets Ltd. (a subsidiary of the Worldcoin Foundation) expects to sell WLD tokens from the World Assets treasury in the coming months," the post read.

It noted that World Assets expects to sell between 0.5 million ($2.7 million) and 1.5 million ($8.1 million) WLD tokens per …