Did you know this about WLD? 🧐
The term "WLD" is associated with two distinct cryptocurrency projects: Worldcoin and World Liberty Financial.
Worldcoin (WLD):
Worldcoin, co-founded by Sam Altman, CEO of OpenAI, is a cryptocurrency initiative that aims to create a global digital identity system. The project utilizes a device called the "Orb" to scan individuals' irises, generating a unique World ID to verify human identity online. This approach seeks to address challenges in distinguishing humans from AI entities in the digital space. In exchange for participating in the iris scan, users receive WLD tokens, which serve as the project's native cryptocurrency. As of October 2024, Worldcoin rebranded itself as "World" and introduced an updated version of the Orb with enhanced features.
World Liberty Financial (WLD):
World Liberty Financial is another cryptocurrency project that has garnered attention due to its association with former President Donald Trump. The initiative offers WLD tokens, providing holders with voting rights on product features and marketing strategies, setting it apart from traditional cryptocurrencies like Bitcoin and Ethereum. Trump's involvement has attracted various investors, and the project has raised significant funds through token sales. However, concerns have been raised about potential conflicts of interest, given Trump's direct financial benefits from the project.
It's essential to distinguish between these two projects, as both use the "WLD" ticker but have different objectives and associations.
