Worldcoin (WLD), the native token of a revolutionary crypto project co-founded by the visionary Sam Altman, CEO of OpenAI, has experienced an unprecedented surge of over 180% in just one week, reaching $7.2 as of February 19, 2024, compared to $2.6 on February 12, according to CoinGecko. This meteoric rise has propelled the token's market capitalization to an impressive $1 billion, with a 24-hour trading volume of $1.3 million.
The driving force behind this explosive growth is the remarkable milestone achieved by Worldcoin's crypto wallet application, aptly named the "World App." In a groundbreaking announcement on February 18, Worldcoin revealed that the World App has surpassed an astonishing one million daily users. This phenomenal growth is a testament to the project's rapid expansion, considering it had only 100,000 daily active users in November 2023.
Launched in July 2023 by the dynamic duo of Sam Altman and Alex Blania, Worldcoin distinguishes itself as a "privacy-preserving" digital identity verification project. The innovative platform rewards users with its native cryptocurrency, WLD, in exchange for securely scanning their irises. Worldcoin's overarching ambition is to pave the way for a global Universal Basic Income, with every individual on the planet receiving a modest amount of WLD tokens in exchange for identity verification.
Worldcoin's iris scan technology is heralded as secure, anonymous, and tamper-proof, effectively thwarting duplicate or fraudulent accounts. The project has committed to distributing 10% of the total WLD supply to its founding team and investors, allocating 20% to a community fund, and reserving a substantial 70% for the global population.
These remarkable gains by Worldcoin coincide with a series of groundbreaking updates from OpenAI, the research organization led by Sam Altman. On February 16, OpenAI unveiled Sora, a cutting-edge text-to-video generator powered by GPT-4, OpenAI's advanced natural language processing model. Sora enables users to effortlessly generate video clips and scenes from simple text prompts, showcasing the organization's commitment to pushing the boundaries of AI innovation.
Just a week earlier, on February 9, Sam Altman made headlines by announcing his ambitious plan to raise a staggering $7 trillion to support OpenAI's semiconductor chip development. Despite the eye-catching figure, Sam Altman remains undeterred, underscoring his unwavering commitment to advancing technology on a global scale.
The convergence of Worldcoin's phenomenal growth and OpenAI's groundbreaking advancements paints a compelling picture of a future where innovation and cryptocurrency play pivotal roles in shaping the world.
$WLD
#Write2Earn #TrendingTopic #WLDUSDT #Worldcoin #WLD
