Worldcoin Hits an All-time High
On February 17, Sam Altman’s Worldcoin team announced that their World App had reached 1 million daily active users. This is a significant increase from the 100,000 users reported in November 2023.
As a result of this record-breaking achievement, the native token of the WLD project saw a 41.3% growth within 24 hours, and a weekly increase of 186.4% according to CoinGecko.
At the time of writing, the coin is trading at an all-time high of $7.28 and has a market capitalization of $950 million. The recent growth in value may also be attributed to OpenAI’s announcement of the Sora generative neural network for video.
World ID 2.0, the project’s main product based on zero-knowledge proofs, allows individuals to authenticate themselves using biometrics or a phone number.
The protocol has recently integrated with popular platforms such as Telegram, Reddit, Shopify, and Minecraft for passwordless login.
However, the launch of Altman’s startup has also raised concerns among regulators in several countries, including Great Britain, France, Germany, Kenya, and Argentina, regarding the protection of user data.
