Worldcoin's UBI Mission Reaches 10 Million Users, Surpassing Milestone

Worldcoin's World App has surpassed 10 million registered users, averaging 2 million daily and 5 million monthly sign-ups within a year of its launch. Despite aiming to provide universal basic income through identity registration using "orbs," it remains open to alternative wallet options to meet diverse user preferences. A heartwarming use case emerged in Kenya, where an airdrop recipient used the funds to purchase a goat, sparking community support and leading to the acquisition of 13 goats named after Worldcoin co-founder Sam Altman.

Worldcoin's Ambitious Mission Surpasses Milestone with 10 Million Users

Worldcoin, a cryptocurrency project aiming to establish a universal basic income (UBI) through its innovative World App, has surged to an impressive 10 million total users. With an average of 2 million new users registering daily and over 5 million monthly, the app's growth trajectory has been nothing short of remarkable.

Launched in June 2023, World App has experienced exponential growth in a short span of time. Tiago Sada, Head of Product for Worldcoin's parent company, Tools for Humanity, noted that the project now boasts more daily users than its total monthly user count in January 2024.

Universal Basic Income and World App's Role

Worldcoin seeks to address socioeconomic disparities by providing a UBI. Users can register their identity with the World App by having their eyes scanned by specialized machines known as "orbs." This process enables individuals to receive a digital identity and access a certain amount of cryptocurrency, which can be used as UBI.

Remco Bloemen, Head of Blockchain at the Worldcoin Foundation, emphasized that World App is just one component of the Worldcoin protocol:

"We envision a future where other contributors develop additional wallets for the protocol, catering to diverse user needs and preferences. The Worldcoin community is eager to explore alternatives to World App, allowing for broader participation and engagement with Worldcoin."

Viral Success: Goats and Gratitude

One of the most heartwarming and widely shared stories associated with World App is the tale of a user in Kenya who expressed immense gratitude for being able to purchase a goat with funds received from a Worldcoin airdrop.

The crypto community rallied around this individual, sending an undisclosed amount of cryptocurrency that reportedly allowed them to purchase additional goats, bringing their total to "13 and counting." This touching anecdote exemplifies the positive impact Worldcoin is having on the lives of its users.

Foundational Partnership and Recognition

Sam Altman, co-founder of Worldcoin and CEO of OpenAI, a leading artificial intelligence company, holds a special connection to the goat named "Sam." The gesture acknowledges Altman's role in supporting the development and mission of Worldcoin.

OpenAI's ChatGPT, a state-of-the-art generative AI technology, has revolutionized the field and gained widespread recognition. The association between Worldcoin and OpenAI through Sam Altman further underscores Worldcoin's commitment to innovation and social impact.

Privacy Concerns and Mitigation

Worldcoin has taken proactive steps to address privacy concerns raised by some users. The company implemented rigorous privacy checks and introduced the ability for users to unverify their World ID if they so choose. This transparency and user-centric approach enhances the credibility and trustworthiness of Worldcoin's mission.

Future Outlook: Inclusivity and Accessibility

Worldcoin remains focused on expanding its reach and ensuring inclusivity. The project aims to bring its UBI platform to the most vulnerable and marginalized communities around the world. By empowering individuals with digital identities and access to cryptocurrency, Worldcoin strives to create a more equitable and prosperous future.