📍 Binance's move to list #Worldcoin $WLD has caused a lot of speculation about the current market making teams "gradually setting up" for a super giant picture of the AI array during the Bull-run period. after Halving 2024. Worldcoin mission during Bull-run season? So is this reasonable?
Trend AI & Worldcoin?
➡️ The trend of accelerating the development of the AI field is also reflected in the fact that Elon Musk changed Twitter's name to X. Recently, Musk founded an AI company called X.ai and has repeatedly talked about turning Twitter into X. this social network into a "super app similar to China's WeChat. He said in October last year that the acquisition of Twitter was an important turning point in the development of X, the full-featured application.
➡️ Compared with existing AI projects in the Crypto market, Worldcoin's products are somewhat practical, investors as well as the community are easy to grasp information as well as understand the potential when investing in projects in 1 next -2 years.
➡️ Worldcoin is currently the first project to develop products for user identification through “retina scanning” of the user and then verifying the identity on the Blockchain.
➡️ Worldcoin was founded by Sam Altman and Alex Blania. Sam Altman, is the CEO of OpenAI, the company has been successful with ChatGPT in the early part of this year.
➡️ Currently, there are nearly 2 million people registered to provide biometric data, mainly in the Southern Hemisphere, and Worldcoin has supported 25 countries, including France, Indonesia, Sudan, Chile...
➡️ Worldcoin's goal this year is to place 1,500 Orb eyeballs around the world. This project is made with the aim of building a universal cryptocurrency network and collecting biometric data from anywhere thanks to AI technology.
📍 Worldcoin has a mission during Bull-run season?
➡️ Based on how the project allocates the $WLD token. When 75% of the token is for the community and most of it is used to reward users when conducting identification. In addition, tokenomics has a "ponzi" part in the distribution of the above rewards when there is a difference between miners ( Operators ) and users ( Users ).
➡️ It's still the rule "the first to make money from the later" . The amount of worldcoin received by users and miners will “decreasing over time” due to the “Vesting Schedule” . Early registrants will receive more incentives and benefits than later registrants.
➡️ Those who have experienced the #GameFi season will understand well how successful this ponzi model has been in attracting newcomers to the market.
➡️ The $WLD vesting schedule is also showing the project development team's calculation in the last 6 months of 2024 when the circulating supply is around 2 billion $WLD tokens (~20% of the total supply).
➡️ This is the ideal rate to blow up the price of tokens, similar to what uni did with the #DeFi DeFi trend when there was a "huge" growth and "Lead-Trend" during the Bull-run wave in the T11/2020 period . This pulls the market into a full-blown 2021 Uptrend.
📍 Risks at the moment?
➡️ Recently, CryptoQuant CEO denounced Worldcoin as a "scam" when publicly criticizing the project.
➡️ Ki Young Ju's accusations come in response to Worldcoin's ambitious "world ID" vision, which aims to provide a unique digital passport to verify users are real people and not bots. WHO.
➡️ Ethereum founder #Vitalik Butterin pointed out the security risks of the Proof-of-Personhood mechanism that Worldcoin is applying.
➡️ Transferring rights to third parties in exchange for money or renting someone else's ID, can create 3D clones or lose control due to hacking or government forcing to provide IDs.
However, Vitalik has also proposed a solution for each problem so that the project can be researched and perfected in the future.
