WLD, once a star currency, took advantage of the popularity of openai, but due to its poor issuance mechanism and operational capabilities, the price has continued to fall since the beginning of the month; there will be continued over-issuance, foundation selling and other pressures in the future, so it is recommended to short for a long time! Can free coins make money?
Worldcoin is a decentralized identity (Decentralized Identifier, referred to as "DID") project that attempts to establish a digital identity network to serve the development of artificial intelligence, and WLD is the governance token of Worlcoin.
Worldcoin is a cryptocurrency project led by OpenAI CEO Sam Altman, the creator of ChatGPT, a future AI system. Sam Altman's Worldcoin focuses on innovations in AI-driven cryptocurrency applications and DeFi fields, aiming to reshape the current financial paradigm. The project is supported by a group of technicians, as well as some people who serve as Worldcoin operators.
From a fundamental point of view, WLD, as one of the DID projects, is more like a project that tells a utopian story. At least it does not currently solve people's life needs. In addition, its basic business challenges people's privacy and security, and it is easy to be rejected by various governments.
From a technical point of view, there are 10 billion WLD coins in total, and the current circulation volume is 100 million, with a circulation rate of only 1%. Due to the highly controlled state, its price can still be maintained, and it may even return to the previous high.
However, with the increase in circulation in the later period, coupled with the possibility of regulatory crackdowns, WLD is likely to be unsold, and it is not impossible for it to fall back to the opening price of $0.15. Therefore, if you want to play with new coins, it is best to make a quick decision and don't listen to how grand and advanced the vision or goal is, otherwise the shrinkage of assets will be beyond your imagination.
