What is Worldcoin - GameFi Information Bureau

According to the official Worldcoin website, the project is being developed "for everyone. The main focus is to make privacy a top priority and provide ownership to all. Worldcoin aims to become the world's largest digital identity and financial network, providing universal access to the global economy for all people, regardless of country or background, in the age of AI.

WorldCoin(WLD)/WorldCoin Market Information
WorldCoin(WLD)/WorldCoin Features
How does WorldCoin(WLD)/WorldCoin authentication work?
Maximum supply
Price Forecast
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WorldCoin(WLD)/WorldCoin Market Information

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WorldCoin(WLD)/WorldCoin Features

Worldcoin primarily includes the following components

World IDThe project is part of a project that aims to create a more human-like Internet.
Worldcoin: We are aiming for a more human-like blockchain protocol.
World AppThe goal is to: provide more humane access to the global economy and be the first World ID compatible wallet.

Worldcoin's basic philosophy includes the following beliefs

Individual privacy rights
The inherent worth and equality of all individuals
Open and public collaboration

Worldcoin is an open source protocol supported by a global community of developers, individuals, economists, and technologists. The Worldcoin Foundation manages this community and helps it grow to self-sufficiency; Tools for Humanity helped launch Worldcoin and now serves as an advisor to the Foundation and operator of the World App.

An important caveat states that eligibility for Worldcoin (WLD) tokens is limited based on geographic location, age, and other factors and is not intended for residents of the United States. In addition, because cryptocurrency products are very risky, important user information is provided on a special page.

Official Site

How does WorldCoin(WLD)/WorldCoin authentication work?

The authentication process for obtaining Worldcoins is based on iris recognition using a special application and a special device called Orb. This process is divided into the following steps

Use of dedicated apps: To obtain World Coins, you must first register using a dedicated smartphone application.
iris authentication: The registrant must undergo iris certification to prove that he/she is a human being. This authentication is done using a special device called an Orb, a volleyball-sized device that scans and authenticates the iris of the user's eye.
Orb locations and reservations: In Japan, as of August 2023, there are 6 Orb locations in Tokyo; to be certified at an Orb, you must make a reservation in advance through the World App app.

Upon completion of this authentication process, users will receive Worldcoin (WLD) on a regular basis. This system is an important means of ensuring that Worldcoins are distributed to humans, not AIs.

Maximum supply

The maximum supply of Worldcoin (WLD) is set at 10 billion WLD. The current supply in circulation is approximately 114,336,349 WLD.

With respect to current prices, Worldcoin recently traded at $2.16 USD, with a volume of approximately 496,342,117 USD over the past 24 hours.

Price Forecast

As for future price projections, various sources predict that the highest Worldcoin price will reach approximately $5.59 in 2023. This prediction is based on the case that the crypto market continues its current positive trend, and the average price in 2023 is expected to be about $4.83.[Ref.]Another projection suggests that by the end of 2023, Worldcoin prices will reach a minimum of $3.85, a maximum of $5.62, and an average of $4.72. In the long term, it is projected to reach a maximum of $35.19 by the end of 2030.[Ref.]These price forecasts are only predictions and are greatly affected by market fluctuations, so adequate research and careful judgment are required when making an investment.