Short-Lived Hype: Worldcoin (WLD) Signups Dwindle Less Than A Week After Launch
Newly-launched project Worldcoin has failed to achieve significant progress as signups for the platform’s ‘Digital ID’ continues to dwindle since launching on July 24. What Is Wrong With Worldcoin? Controversies surrounding the project and reservations like privacy concerns have brought about skepticism and reluctance to sign up on the platform. As part of the sign-up process, users must scan their iris using “The Orb,” available at designated locations worldwide. Once the user is verified as human, they receive the “World ID” alongside 25 WLD, the project’s native token, worth roughly....
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In a recent announcement, Tools for Humanity, the company behind Worldcoin, revealed the upcoming launch of World Chain. The open-source Ethereum layer-2 blockchain will debut in mid-2024 and aims to transform human authentication through its integration with the Worldcoin protocol. Worldcoin Unveils World Chain Worldcoin is a project aspiring to become the world’s largest identity and […]
The Worldcoin community has become a project sponsor for The Water Project. A few weeks ago, I made a post about the troubles facing Worldcoin's Well Project. Although the Worldcoin community had raised enough money to pay for a new well in Africa through the Water Project, a price in the price of worldcoins led to that project actually only ended up with half of the $10,000 it needed to get started. To be fair, the collapse in the worldcoin price came at a time when pretty much all cryptocurrencies were falling in price, including bitcoins. After that setback, the Worldcoin community was....
Worldcoin and its native token WLD have been taking the attention of crypto investors, according to recent data from Coingecko. The project recently announced its worldwide launch inviting users to “visit the orb” and receive rewards by onboarding the platform. Related Reading: Bitcoin Rally May Not Resume Until This Happens WLD has doubled its value from its launch on July 24th, when the cryptocurrency was trading at around $1. The token rose to $2.19 the following week and has been moving sideways since amid a surge in controversy from different angles. Worldcoin (WLD) Leads Crypto....
The Worldcoin community has become a project sponsor for The Water Project. Less than a week after the Dogecoin community made headlines for donating $30,000 worth of dogecoins to the Jamaican bobsled team, the Worldcoin Foundation has decided to throw their hat into the crypto-charity ring. The foundation is creating the Worldcoin Initiative, which is said to be a series of relief efforts in various parts of the world. The first project in this new initiative is the Worldcoin Well, which was able to collect over 30,000 worldcoins in a single day. Sponsoring a Water Project. Worldcoin....
It seems the Vertcoin community wants to make up the difference. Update #2: The Noblecoin community has their own fundraiser through The Water Project, and it seems they convert everything to dollars as soon as possible. A few weeks ago, we reported that the Worldcoin community was able to raise over $10,000 worth of worldcoins in order to fund the development of a new well system in Africa. At this time, the funds are still in the hands of someone in the Worldcoin community, and they may not be able to use them for their intended purposes. The price of worldcoins has crashed in recent....