🔴$WLD Coin Can Reach Upto 100$ 🔴
WLD Coin: Aiming for $100
Worldcoin, co-founded by Sam Altman, Max Novendstern, and Alex Blania in 2019, is striving to create a decentralized digital ID using biometric technology. With over 2 million eyes scanned, the project aims to address wealth concentration resulting from AI advancements through the implementation of Universal Basic Income .
🔴Technology:
The Orb: This device scans eyes to generate a World ID. The process preserves privacy by uploading a hash to Ethereum's Optimism.
The World App: Facilitates the creation and scanning of QR codes associated with iris scans, enhancing the functionality of World ID.
🔴Tokenomics and Market Conditions:
Initial Supply: WLD tokens have an initial supply of 10 billion, with a significant portion allocated to the community.
Market Concerns: There are concerns about OTC deals and daily token unlocking, which could lead to price drops. The current price hovers between $2 and $2.25, with a breakout above $2.5 needed to potentially rally to $100. If the breakout does not occur, the price might fall to around $1.8.
🔴Risks and Criticisms:
Regulatory Challenges: Potential regulatory issues could impact the project's progress.
Data Privacy: There are concerns about data privacy breaches.
Decentralization Claims: Critics have pointed out misleading claims about the project's decentralization.
Mission Shift: There is criticism regarding the shift in the project's mission, and the potential adoption of Worldcoin's technology by governments.
🔴 Future Prospects:
Open-Source Roadmap: Focuses on decentralization, governance, and expansion to the Solana blockchain.
New Features: Plans include the introduction of on-chain credit scores and allowing users to create their own orbs.
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