Worldcoin (WLD) Explained: Everything You Need to Know Before Investing by Alex Blania & Sam Altman

Worldcoin (WLD) is a cryptocurrency initiative co-founded by Sam Altman, CEO of OpenAI, aiming to establish a global digital identity and financial network. The project utilizes biometric data, specifically iris scans, to create unique digital identities for individuals, ensuring "proof of personhood" in an increasingly AI-driven world. The core components of Worldcoin include: - **World ID**: A digital identity verified through iris scanning, enabling users to prove their human identity online without compromising privacy. - **WLD Token**: The native cryptocurrency of the Worldcoin ecosystem, distributed to individuals upon verification, intended for global transactions and access to the digital economy. - **Orb Device**: A biometric imaging device used to scan individuals' irises, creating a unique identifier while ensuring data privacy. As of January 9, 2025, the price of Worldcoin (WLD) is approximately $2.19, with a 24-hour trading volume of around $439 million. The cryptocurrency has experienced a price decline of about 4.47% in the last 24 hours. Worldcoin has faced regulatory scrutiny and privacy concerns in various countries, including Spain, Kenya, and Hong Kong, due to its collection and handling of biometric data. Despite these challenges, the project continues to expand, with over 6.9 million individuals participating in iris scans as of October 2024. Before considering an investment in Worldcoin, it's essential to conduct thorough research, understand the project's objectives and challenges, and assess the inherent risks associated with cryptocurrency investments. Credit: ‎@worldnetworkofficial Full Podcast: https://youtu.be/_RWvsCZ17x8?si=vSgENXD63lKjY36l We repurpose podcast clips to add value and share meaningful insights with audience. If you own the content and have any concerns or issues regarding the use of your video clips, please feel free to contact us for content removal request at teamsavansojitra@gmail.com We are committed to addressing your concerns promptly and respectfully.