CDS Crypto News Worldcoin Co-Founder Altman Demonstrates High Demand with a Video
Crypto News

Worldcoin Co-Founder Altman Demonstrates High Demand with a Video

The video uploaded to Twitter by Worldcoin co-founder Altman became a hot topic.

593
Worldcoin Co-Founder Altman Demonstrates High Demand with a Video

Sam Altman, a co-founder of Worldcoin, posted a video depicting a huge line of individuals allegedly waiting to receive 25 Worldcoin (WLD) tokens or $50 worth of Worldcoin (WLD) tokens in Japan.

Worldcoin Co-Founder Altman Demonstrates High Demand with a Video

Worldcoin is a project devoted to developing a user identity network. Sam Altman, the co-founder of Worldcoin, uploaded a video showing individuals in Japan lining up to give away their iris scans in exchange for “free” Worldcoin (WLD) tokens amid talks about the blockchain project’s waning popularity. A line of individuals can be seen waiting to receive 25 Worldcoin (WLD) tokens or $50 worth of Worldcoin (WLD) in Japan, according to a video Altman uploaded.

One person getting verified every 8 seconds now,

Altman

What is Orb?

The Orb is a biometric verification device that gives users a World ID after successfully collecting biometric data, as stated in the Worldcoin introductory letter. To speed up the onboarding procedure globally, the business wants to open Orb venues all over the world.

Worldcoin Could End in Disaster

The Worldcoin sign-ups may appear to be a positive step toward wider adoption of cryptocurrencies, but entrepreneurs such as Jack Dorsey, the co-founder of Twitter, and Vitalik Buterin, the co-founder of Ethereum, believe that the proposed system would be disastrous if it were to go against the principles of privacy, accessibility, and decentralization that formed the foundation of the crypto ecosystem. Moreover, the Information Commissioner’s Office (ICO), which has reportedly expressed worries about privacy and the security of vital biometric data, may oppose Worldcoin in the UK.

Worldcoin Co-Founder Altman Demonstrates High Demand with a Video
Written by
lectertodd

Lectertodd is 27 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

Leave a comment

Leave a Reply

Related Articles

USDG Stablecoin: Paxos Teams Up with Robinhood, Kraken, and Galaxy Digital

Paxos has launched the USDG stablecoin, backed by major financial firms like...

Ethereum White Paper Anniversary: From Concept to Global Smart Contract Platform

Ethereum White Paper Anniversary: From Concept to Global Smart Contract Platform

Bitcoin Liquidations Spike: Over $150M in Longs Wiped Out as Price Slides

Bitcoin Liquidations Spike: Over $150M in Longs Wiped Out as Price Slides

Memecoins Explained: The Intersection of Internet Culture and Crypto

Binance Research's report analyzes the rise of memecoins, highlighting their cultural impact,...