Altcoin News by Thebittimes.Com

Worldcoin is 994 million users away from its goal of onboarding one billion people by 2023 and will need to scan an estimated 2,734 people each day to hit this figure by 2026.   Worldcoin announced yesterday, July 10th, that it has verified 6 million users since its launch in July 2023. However, in October 2021, numerous outlets reported that Worldcoin had aimed to onboard one billion users by the end of 2023. It’s now July 2024. Semafor reported last April that Worldcoin was suffering an orb shortage and that it has between 300 and 500 orbs in use. Worldcoin was founded by OpenAI’s Sam Altman and is owned by Tools for Humanity. Image sourced from Semafor. Assuming it has 500 orbs in operation, Worldcoin would have to scan the eyes of 2,740 people per day to reach one billion users in two years . Taking into account the already onboarded 6 million users, 500 orbs would need to scan 2,734 people per day.  Worldcoin claims it has manufactured 2,0...

Over the past few months, there has been a notable influx of new assets making their way into the world of cryptocurrencies. Among these newcomers is Worldcoin ’s WLD token, which has recently gained attention. Interestingly, this project has garnered backing from Sam Altman, the CEO of the company that created ChatGPT. Following its launch, the WLD token experienced a remarkable surge, with its value increasing by more than 100%. Also read: US Congressman Warren Davidson Calls to Ban CBDC ChatGPT has gained a whopping $30 billion valuation. Now, according to the latest data from CoinMarketCap, WLD has almost reached $350 million in market capitalization. Source: Worldcoin Worldcoin market cap surges to $350 million WLD, after its launch today, witnessed a notable spike in its value. The price jumped from an all-time low of $1.66 to a high of $3.58 before falling to its current price of $2.24. WLD has plunged by 38% from its all-time high today. Also read: Sh...