In recent times, the cryptocurrency sector focused on artificial intelligence has significantly outpaced other digital currencies. According to data from CoinGecko, AI cryptocurrencies have reached new records in market capitalization, with the most significant ones currently garnering attention.
Artificial Intelligence on the Rise Thanks to OpenAI's New Sora Project
As of February 20, the total market capitalization of AI-based cryptocurrencies has surged to $15.8 billion, representing an eight percent increase over the past 24 hours. This makes AI cryptocurrencies the most dynamically developing segment in the Web3 world. For instance, the SingularityNET project, associated with Cardano, has witnessed an 80% increase in the value of its AGIX tokens over the last week.

For comparison, the total market capitalization of cryptocurrencies increased by only 0.2% over the same period.
This surge of optimism in the realm of AI tokens can be attributed to the success of Sora, a new content generation platform from OpenAI, which enables the conversion of text into video. Sora can create high-quality videos based solely on textual instructions. In the past, a similar disruption in the AI cryptocurrency space was caused by the introduction of the ChatGPT conversational robot by OpenAI.
Additionally, Worldcoin by Sam Altman (WLD) has experienced an increase of over 40%.
Fetch.AI (FET) Aims for Billion-Dollar Market Capitalization
Although the largest AI tokens by market capitalization did not stand out in the last 24 hours, with Bittensor (TAO) and Render Network (RNDR) showing losses of 5% and 1.4%, respectively.
Fetch.AI (FET) is the only significant player maintaining steady growth. Over the last day, it has seen an increase of 2%, extending its weekly growth to approximately 40%. For the first time in its four-year existence, the token is approaching a market capitalization of one billion dollars.
Akash Network (AKT) also demonstrates strong performance and has returned among the top 100 assets by market capitalization.
 $WLD $FET $AGIX
#AI #token #crypto #worldcoin
 
 
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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
 

 

WorldCoin, a new cryptocurrency project, has recently come under fire for its requirement that users submit biometric data in order to prove their personhood. Critics argue that this is a violation of privacy and that it could be used to track and monitor people.While it is important to be critical of new technologies, such as WorldCoin, it is also important to be consistent in our criticism. Many of the same people who are criticizing WorldCoin for collecting biometric data are also happy to use products and services from companies like Apple, Facebook, and Google, which also collect a lot of sensitive information about their users.For example, Apple collects data about your location, your browsing habits, and your contacts. Facebook collects data about your social network, your interests, and your online activity. Google collects data about your search history, your email, and your location.All of this data is collected without your explicit consent, and it is used to target you with advertising and to track your movements. In some cases, this data has been used by governments to suppress dissent and to track down criminals.So, why is it okay for Apple, Facebook, and Google to collect all of this data, but not for WorldCoin? The answer is simple: hypocrisy.The same people who are criticizing WorldCoin for collecting biometric data are also the same people who are addicted to their smartphones and social media accounts. They are willing to give up their privacy in exchange for the convenience and entertainment that these products and services provide.But it is important to remember that there is a cost to this convenience. When we give up our privacy, we are giving up our control over our own data. We are also giving up our ability to live our lives without being tracked and monitored.So, the next time you are criticizing WorldCoin for collecting biometric data, take a moment to think about how much data you are already giving up to Apple, Facebook, and Google. You may be surprised at how much you are sacrificing in exchange for the conveniences of modern life.In addition to the privacy concerns, there are also ethical concerns about the use of biometric data. For example, biometric data could be used to create a social credit system, which could be used to reward or punish people based on their behavior. Biometric data could also be used to create a surveillance state, where everyone is constantly being monitored.It is important to be aware of these risks before we give up our biometric data. We should only give up our biometric data if we are confident that it will be used in a responsible and ethical way.$WLD $BTC $BNB #crypto2023 #opbnb #wld #worldcoin #privacy

Worldcoin

Britain's Information Commissioner's Office (ICO) will request data on cryptocurrency Worldcoin

Britain's Information Commissioner's Office (ICO) said it will review Worldcoin (WLD). And coincidentally the project of Sam Altman, head of OpenAI, the company that developed ChatGPT.

"We are paying attention to the launch of Worldcoin in the UK and will make further inquiries," an ICO spokesperson explained.

On July 24, Worldcoin developers held an airdrop (free giveaway) of eponymous tokens to World App users. Cryptocurrency exchanges such as Binance, OKX, Bybit, Huobi and others opened trading in the token under the WLD ticker shortly after its appearance.

The concept of the project is simple: as artificial intelligence becomes more and more active in everyday life, it will be increasingly difficult to distinguish between humans and machines. That's why we need a way to "prove the humanity" of people - a solution that Worldcoin calls proof of personhood.

Orb eye scanning device in the Tools for Humanity office. Worldcoin scans people's eyeballs with the Orb device, a reflective metal ball that records information about a person's iris in the form of a cryptographic code. All those who pass the scan will receive periodic grants in WLD tokens. And the creators of the project are positioning this as a form of universal basic income. Right now, the project has scanned the irises of just over 2 million people. These individuals, if they do not reside in the United States, have each received 25 WLD tokens. $WLD

#worldcoin

Many people around the world participate in Worldcoin verification for a digital identity and airdrop tokens.

Many people around the world participate in Worldcoin verification for a digital identity and airdrop tokens.

Users have to make iris verification in order to exist in the Worldcoin world. However, users queued up for verification.

Users queued for Worldcoin's iris verification.

The Worldcoin project aims to create a digital identity by scanning the eyeballs of users and to prove online that users are human. The project was founded by Sam Altman, CEO of OPENAI. However, the aim of the project is to create an “identity and financial network”.

The project claims to have completed a trial process that took more than two years to provide IDs to more than two million people in more than 120 countries. However, users express that they have some concerns about data collection..

Privacy campaigners such as the Electronic Privacy Information Center point out that Worldcoin's data collection process could potentially lead to privacy issues.

The Worldcoin project has not yet responded to questions about data collection. However, the company's website states that the project is “completely private” and that biometric data can be deleted or stored encrypted. #Binance #worldcoin #BTC