Why this Altcoin called Worldcoin could have a huge potential?
Why this Altcoin called Worldcoin could have a huge potential?
Ive been seeing this Worldcoin trending lately. So, I decided to make a little research on it because of that.
First of all, the coin is founded by Sam Altman who was a partner of Elon Musk in open AI. Apart from that, he is a Billionaire also. So, If you look at this coin from this point of view, It actually looks great with that. So, after checking the whitepaper, I see that’s its an identity and Financial Network. And its also secure as described in the whitepaper. With this technology, you can scan your eyes to prove that you are a human being also. After seeing the coin ($WLD) trading on several exchanges like Binance, Bitget OKX and more, I feel more confident about the project and coin and I see huge potential in it. So I feel like sharing it here to see people’s opinions also.
Im seeing some fraud allegation to this project. The regulators were also trying to spend some times to examine this project. It’s not yet clear what’s gonna be other purpose from scanning human’s retina. Well, it can be used as a proof for human being but we must also think if it was also a very sensitive data. It sounds weird to see some people were calling it as a digital passport as well. You must be careful when dealing with this kind of tokens.