Worldcoin is a cryptocurrency project that seeks to create a global digital identity and decentralized financial network. It was founded in 2019 by Sam Altman, CEO of OpenAI, along with Max Novendstern and Alex Blania.
The main goal of Worldcoin is to provide a secure and verifiable digital identity for anyone in the world, using a device called an "Orb" that scans the user's iris to verify their identity.
The project's native currency is Worldcoin (WLD), which is distributed to users who register on the platform and verify their identity through Orb.
Worldcoin seeks to address several problems, such as:
1. Financial inclusion: Providing access to financial services for people without access to traditional banking.
2. Digital identity: Create a secure and verifiable digital identity for anyone in the world.
3. Privacy: Protect user privacy through decentralization and cryptography.
However, the project has generated controversy and criticism related to privacy, security and the ethics of biometric data collection.#MarketDownturn #Worldcoins
Here is the link: https://worldcoin.org/join/I9I6UJD