Worldcoin is a cryptocurrency project designed to provide universal basic income (UBI) through its native token, WLD. By verifying users' identities through iris scans, the system aims to distribute WLD tokens to participants regularly. However, the project’s success and the value of its payouts depend on several factors, such as global adoption, regulatory approval, and the fluctuating value of WLD in the cryptocurrency market.
This market asks whether the monthly payout from Worldcoin (in WLD) will exceed Brazil’s current minimum wage. As of 2024, Brazil’s minimum wage is approximately R$1,412 (around USD $250). The outcome is uncertain due to the speculative nature of cryptocurrency, the potential appreciation of the WLD token, and the evolving regulatory landscape.