Worldcoin (WLD) is a crypto project working on Iris biometrics. Founded by Open AI chief Sam Altman in 2019 has recently caused a sense of frenzy in the crypto community. The price of the token has seen phenomenal gains in the last few days.
At press time, the price of the coin has moved up by 96% in the last 24 hours with a market cap of $988 million, according to CoinMarketCap.
The AI project is gained a lot of adoption in the last few weeks and in its recent statement the company revealed the World App has over 1.7 million active users and over 5 million accounts have been created out of which 2.7 million have been verified as on on Dec 21, 2023.
According to the company, the World app has had 30 million transactions and over 350k active users on Dec 21, 2023. Crypto investors have been very bullish on the coin due to its massive rise in adoption.
On its first day, the World App had over 1 million active users on its platform which is remarkable.
Sam Altman is known for building Open AI, the company behind ChatGPT and Y combinator.
Alameda Research, the company behind the bankrupt FTX exchange holds a whopping 25 million WLD tokens a 19% of the world coins circulating supply. At press time, the coins are worth over $167 million and have been untouched since its purchase.