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Cryptocurrency News Video

What is Worldcoin WLD crypto? Worldcoin isn’t as BAD as it sounds: It’s WORSE!? WLD Price Prediction

Mar 18, 2024 at 10:00 pm Crypto Never Sleeps

What is Worldcoin WLD crypto? Worldcoin isn’t as BAD as it sounds: It’s WORSE!? WLD Price Prediction

00:00 Is WorldCoin another pyramid ponzi scheme?
04:40 Why are people signing up?
05:51 Why is Worldcoin facing criticism?
09:42 WLD Price Prediction

Is WorldCoin the future World ID or is it just another pyramid ponzi scheme?

This week, Worldcoin’s WLD token skyrocketed by 70%, reaching an all-time high of $11.82, and marking a staggering 330% gain in February alone.

Welcome to the rollout of Worldcoin, an AI-meets-crypto project from OpenAI founder Sam Altman that has stirred endless controversy. The startup uses orbs to scan people’s eyes in exchange for a digital ID and possibly some cryptocurrency, depending on what country they live in.

Altman and his co-founder Alex Blania hope that Worldcoin will provide a new solution to online identity and aspiring to grant everyone on the planet the ability to “prove their humanity” in a digital landscape rife with scams, bots and even AI imposters. But privacy experts are concerned about the Worldcoin’s collection of biometric data and how, exactly, the project will keep and protect that data going forward.

Despite the controversy, the Worldcoin project has gained traction, especially among young people and citizens in developing countries where the offered payment for registering identities translates to significant secondary income.
Sure sounds like a terrible idea.
“Terrible” doesn’t do it justice.

Unfotunetly this is evident in the surge of users to the World App, the project’s first wallet, which surpassed 1 million daily users this week.
Today we gonna tell you everything you need to know about Worldcoin, including Why are people signing up? and Why is Worldcoin facing criticism?
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