We all heard about Worldcoin raising $115 million, but where is it now?👁
With the recent fundraising and launch of the World App (3 weeks ago), you might want to know where the Worldcoin ecosystem really stands. I collected string data to answer that question.
To give you some context, Worldcoin is trying to build the world's largest identity and financial network. Use human biometric data like a passport to navigate the web3 world and empower anyone with its benefits.
Worldcoin Wallet uses account abstraction through SAFE contracts and thus creates on-chain data that is immutable and public. This started in October 2022 🔗
Let's take a look at the wallet's activity since then:
💼 1.3 million wallets have been created in the past 8 months. This equates to +160k wallets per month on average.
📊 In total, more than 3.5 million transactions have been performed.
🦄 More than 1.2 million transactions on Uniswap, with a volume of $2.4 million. So the average transactions are quite small ($2).
The project is very ambitious and I hope these statistics have given you an overview of Worldcoin's current infrastructure and development. Do you think this is enough?
Source: Nataniel Elkaim
