Bitcoin Forum

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.

A lot of allocations will be going to the users but the problem is still remain the same as there are so many people wanna try to get reward and dump it to the market. The current circulating supply was around 100 millions while the total supply was 10 billions.

The price will be adjusting itself to the circulating supply. The chance for the price to decrease in the future is very high. The price is quite high due to the hype.

Don't feel more confident on a coin with that massive amount of supply and insanely high value, if you are buying now you are throwing money away, that's too high, a smart investor must consider the market cap of a project and also the circulating supply,

This world coin sucks if you look at the two things I made mention, where is the multiplier coming from? Also it's should have been named Clown Coin instead, that name suits it better.

This type of coin has to dump heavily to favour investors like you OP, DuMP first or no Buying.

This is true. I see honesty in your reply. About the regulators spending time to examine, I think that doesn't mean that the project won't survive.
But about the circulating supply, you are very right. The more it circulates, the more the price adjust it self to the circulating supply even if the demand is high. Seems I will be more careful interacting with the coin for now till I see much circulation and no regulation.

In summary. You mean, I should just wait for lower price before even attempting to buy. Because the supply is huge. :D

This might not be the case but until the SEC is on the investigation, we can't assure the safety of investing in this as we never know yet the results because what if they fail and seize the project? It is very important to invest in projects that we know it was at least safe and have no SEC issue because that determines the potentiality of the project and most of all, we can really think that it has a bright future. Because even if it was a billionaire or connected to a known personality, that was not enough to measure that it will succeed, many were still turn to a scams.

I have been experiencing with so many projects that listed on the various exchange sites like binance. The project like sui has proven how the more tokens in circulating supply gonna give impact for long term. I kinda feel if privacy is not that important anymore in this decade. You must be careful for that. it's caused by the impact gonna happen for long term. People were wrongly understanding it. They think that as long as the project listed on binance and the price won't be dumped.

The main problem is if invetors were also getting their own tokens that will be dumped once these tokens will be unlocked in the future. The retail investors aka buyers will be only exit liquidity for them.

I'm not so sure with this coin, it's new concept and we still don't know whether it will succeeds, considering the fact that most of the coin that outright succeeds are those coin related with smart contract development.
honestly though, the fact that it requires scanning retina for just an airdrop, is too much complicated, moreover the value of the airdrop might be very well under our expectations considering the humongous circulating supply that many has been talking about, imagine scanning your retina for following the airdrop and only resulted with some valueless airdrops i'd be mad, thats why i don't really care about this coin.
there are many retroactive airdrops out there that you can follow thats far more easier, if we are talking about the future value of this coin, the supply already speaks for itself.

that is the best you can do mate , staying away from such project with also a potential problem as Fraud are spreading now towards this one.
and besides there are lot of good with better potential projects there that might bring you safe investments.
goodluck for the hunt.

Let me tell you why it won't. Right now it has about 2 million dollars marketcap that is still questionable and not even certain, this is self-reported, and even in their self reported ones it's this low. Secondly it has 500 something discord members with just 30 online as of writing this. Imagine a coin that has 500 members and 2 million self reported cap, and imagine you can convince people to invest into that.

This is exactly why it's not going to end up being any success, it's going to suck and it's not going to have any good return at all. I believe that we are going to end up with a trouble one way or another if we keep trusting all these low cap small stuff, do not trust them this easily, they are just not doing a good job.

I think, new projects take a long time to grow higher which is the reason many investors will not listen to you to invest in this new project, because every investors want to invest in a potential projects that will not take their time to make a good income. Based on some of the researchers, this worldcoin will not bring what investors will be expecting before the end of this year 2023, because the way the coin appear in the market show that it will not last like Ethereum and binance before it will disappear from the market which is the fear of many investors. I don't think, I will invest on this new coin than to watch the coin through out this season to know if the coin will show any improvement before I will invest.

What is about Digital passport? wow meaning this can let us travel without anything in Hand but our Mobile or gadgets lol.
and with some fraud allegations? as the regulators are trying to examine this project , I think they need a lot to explain and prove before making its way growing.
and also if this is true that this has a huge potential then time will tell mate , and we cannot just speculate with what the team is saying and those shilling , we are not new in this market and we understand what potential means  ;)

Thanks for sharing the information, I looked it up and found good articles in the Washington Post, Reuters and many news agencies which is a good thing not found in most altcoins.
Their ecosystem looks promising, but since the currency is based on the Ethereum blockchain and needs a bridge, I think it will have limited value.
The scary thing is that the total supply is 10,000,000,000 WLD, which may not make it maintain levels above one dollar, so it is better to wait a little and invest at any point below one dollar, which may be good.


https://worldcoin.org/open-source

Do not invest a lot of money in it, and it is better that the percentage not exceed 1%.

This is not investment advice.

So, its better I wait or invest something I can afford to lose. I Was so confident in it and was happy to put money. But now, apart from knowing what to do, Im able to aquire more knowledge on how it works. A lot of honest reply here. Thanks  :)

Worldcoin has a massive budget behind it and has been all over the news recently so it wouldn’t surprise me to see its valuation grow for a period of time. The project is pretty creepy though. The way they seem to be going after regular people to get lots of folks on board with small investments reminds me of the approach of Safemoon. I expect a similar result.

A lot of supply is already in circulation and there could be even more if they do something with the max collection to be released.
With such good marketing and PR strategy, everyone becomes optimistic about the project, not knowing its insides. That's why it was effective when it was first launched and despite its short stay in the market, people are already voicing and determining that it has got the future. Well, to each their own if it's about investing in projects like this. You'll get to see what you are up to and how much you're willing to lose when somebody tells you to invest or not. Those that have experience in investing into newer projects are always optimistic with the gains that they can have short time, so people should think about that before they catch the falling knives.

It is likely that this will not happen until they have achieved sufficient profits. They have spent a lot of investments in advertising, so it is an opportunity for short-term investment. As soon as you achieve a profit, withdraw and do not let greed attract you because the end of these projects is the bursting of the bubble.


The internal idea of the project is that they are a low-cost bridge on Ethereum, which is not attractive and will not last for a long time, but the promotion and public relations they have are better than most projects. It is a high high risk  investment.

For me, this is just famous because of the company and people behind this project.
It's kinda hype for me because right now this project got no use cases really at all besides their Orb which collects people's data and we cannot yet guarantee that it's safe.
It's newly listed to exchanges and I believe just like other altcoins, it will dump first during these days.

If I had to choose security and profit obviously I would prefer security. Why am I talking about security for this one crypto? scan your retina and show it as proof you're human? does it matter? just because AI tries to dominate human occupations, then with the rise of this kind of trend, it clearly threatens our privacy or personal data as humans. The scariest side of the Worldcoin crypto is your eye scan and it has proven you who, where and everything is so clearly shared with technology. Only to get free coins while our data is exchanged? while there are other ways to benefit, why should you be willing to scan your retina?

I think it is based on the use case and the adoption. As I know world coin project is eye to earn project. So there is no project like that. My other point is their development team. They have got good experience developer team.  Also, the project launched with the $WLD airdrop to the community. So the market sentiment is good.

People get to say that a project that's being turned by the media is such a project that has the potential.

But we get over that too quickly because eventually we get to see how they really look like and what are their plans in the future. Like the actual thing that has been seen that they're going to pay for people's iris and get them scanned.

Like for what does it have something to do with that? Are they going to get onto another level of data manipulation through people's lens? I doubt it, that's more even a sensitive thing and how a project like this can go deeper from doing that.

Except they could end up sued and every company using it as they are disregarding privacy laws like GPDR in EU. At that point their fund goes to lawyers, fighting a fight that they can't win. And after they lose, investors might sue for being deceived by a sales pitch. I rarely have been so sure about a fraud but this has it written all over it.

I am sincerely baffled how in earth would i know more about privacy laws and their upcoming troubles with regulaltors. Surely they have consulted lawyers before and they have warned them. Or i am completely misunderstanding something essential. But i doubt it.

Probably not the best research you've done there tbh, I guess you need to have some more digging. If these are just the features they have excluding that he's partner of Elon and was a billionaire, then, that's really not nice. It's more like a hype that drives the price just because it's been founded by a well-known identity when in fact that shouldn't be the basis. Scanning your eyes just to prove you're a human being? Not the best use case tbh.

We cant really be able to stop this AI trend and everything that would correlate to it and on the same time its getting in line with the current interest or trend or hype then it would be no shocking that it would easily get listed  on known exchange platforms on which it would really be just that normal that we would really be having this trend and it would continue out. The person behind the project is something known and since it is pertaining about AI then its not really that shocking that it would really be getting that much attention and potential. When it comes to community support and engagement then it isnt something new. It would really be that coming into a point on which you would really going in line with  the current trend and making it as your advantage. If you do believe on Worlcoins potential then its your choice since each person does have their own perspective on
such coin and approach into it. Sooner or later we would really be able to see AI based tokens or coins that would really be flourishing out on the market if it turns out that WLD would really be getting so much
attention or attraction on which this would really be used mainly by scammers on trying out to get some market share and fraud out people.

Even if the project already hit the mainstream, you should still be more careful as we all know hype is everywhere in cryptomarket and if its too good to be true in an instant, expect worst. Well, with this one it looks promising its just that its not that perfect and I already saw some fud about the project. Try to do more research before investing, you might see other things about this.

I knew about the coin from the alternative board and I was surprised it's this popular as big exchange has listed the token. It could give a very good short term profits because it's about AI and they're becoming a trend recently. The coins also has alot of marketing going on and this will make alot of people interested in the project so it could have a huge potential and worth investing into.
AI projects will do very well in the coming bull market because AI is the new metaverse and it'll be hyped as more AI focused project are been developed. This project just launched recently but already on big exchanges while other projects are still struggling to get listed. The project is also backed by billionaires so they can always call in a favor to get listed and increase publicity.
The hype of the project won't last long therefore everyone investing should be careful for how long they hold, I won't be holding the project for long, I'll just be buying it for short term gain because the marketing is too much and many whales will be buying them as well to dump when it starts getting more recognition. The price is very affordable and the market capitalization is low as well, that's the potential.

As I understand, worldcoin is meant as universal login and rewarding system (like ubi, but it's not available for US persons), something similar like, 'sign in with Google' on online sites. It scans your eyeballs to prove your unique identity, and apparently this information is deleted once converted to cryptographic proof, but we don't know for sure.

A coin with 10 Billion total supply is collecting retina of its users, the best solution is to stay away from them rather than falling for them and giving them your sensitive date for them to process at a later time or most probably to sell that data. Creating a hype for the project is not a huge thing as many scam project does that, make sure that no one falls for a project with a total supply of 10 billion.

https://www.msn.com/en-us/news/technology/microsoft-commends-minecraft-s-integration-with-worldcoin/ar-AA1lYYGC
"Worldcoin, predominantly known for its groundbreaking “Orb” device, utilizes retinal scans to generate a unique IrisCode. This code is then tracked on the project’s blockchain, creating a World ID that serves as a form of “proof of personhood.” Participants in the Worldcoin ecosystem also receive airdrops of WLD crypto tokens, a critical element that ties into the project’s broader objectives. The unexpected move involves Worldcoin’s app integration, utilizing the World ID credential for user verification."

This fomo has been quite misleading. Only source for this is from worldcoin:

Reason being: It's for a mod, and that means, maybe some worldcoin users want to try it out. I don't understand why they would, but i guess it's not my business. Rest of the people keep playing other mods and minecraft. Minecraft has over 100k mods, so i am guessing they will ignore this one.

In short: Anyone can make mods. Minecraft / mojave / microsoft are in no way part of this, and changes are that they end up banning worldcoin too, as they have with other web3 integrations.

That's actually scary when something like this I've only also seen in the movies. And as I have commented on the other worldcoin thread, looking at that when it involves Minecraft which basically have millions of kids to teens players is something else. Not something else on a positive note but literally I find it scary. I'm still looking at these details but having a glance of it doesn't make me optimistic with this project from the very start.

I agree with you, today the price of WLD coin is $3.46/coin does this conclude that WLd coin has the opposite habit of similar projects sir in its class? it looks so normal on coinmarketcap, if this is good, I might keep it around a few $ to buy in the future, I will be more careful and take other people's predictions too. Being too eager to take my own ideas and without enough calculation is not a common thing for me, or what coin sir is similar to WLD coin in the past that manipulates or the way you mentioned above, yes of course for my research, and study it.

We should not share our personal data for some airdrop as this data can be used for illegal activity. I have seen some people from india was eager to get this airdrop buy scanning their irish. Not sure how profitable that was but it seems they don't care. Also the valuation of WLD is high and early investors got massive profit for their investment. This project has strong backing as it is from chatGPT but not sure this token will be involved with their product in the future when regulators will not be happy to let some private company store their peoples biological information.

When you are calling Elon Musk in a project this only mean one thing that you are
riding with its name and a sure not so trusted project, aside from you are being tagged of  a
shill account , now I see the color in this thread in which after being posted now you are not
even coming to check and post about this? do this project completely failed?

No coin is limited to having great performance, all it requires is to be dependent of it's developers and investors, if they are working hard to ensure the all success of their project is achieved, then it may take them a little more while but they are going to have their dreams being fulfilled, we also have to understand this that we needed to make a reasonable research on on any project before embarking on our investment for them.

Have search this coin and surprisingly see this greening in Coinmarketcap https://coinmarketcap.com/currencies/worldcoin-org/ with this continuously growing , it may climb from 137 ranking and even higher?

not sure what does future can bring to the investors but what i can see for today and this recent movement , looks like there is something good coming .

While they have a unique approach for their project and what it actually does. These irises of us are our identity and with them, yes, they're an AI project but they're taking it to the next level for which many are impressed but this shouldn't be the cause of being impressed to them because it's also alarming.

But if you're interested on the project and you're just for the market of it. Good luck to you, if you can cash them out and you've got a good entry and you don't want to miss it, it's all on how you approach this project.

If we look at the fundamentals of it and what it actually do, that's kind of scary shit like we're on the matrix movie or any sort of movie that scans people's irises for some sort of buck and identification.

this shows how your tag from DT reflect in how you are promoting this project , because you have been seeing this coin TRENDING? from what? from allegations ? and indeed that it really shows how you are being a user because the need to mention Elon Musk here is something only shiller and name dropper will do, why not established your own product and character instead of naming names?
and yes your Shill site Bitget is still on the mentioned exchange being compared to Binance .

because behind WLD, who founded it, is the most influential person and focuses on the field of AI, that's why this coin has the potential to rise so high, especially since it has been traded on large exchanges such as Binance and others, that's why this coin has gone up. Correct me if I'm wrong

this is why am not really into this project. do you really like your retina to be scanned by their platform? we actually don't know the extent of what they will do to the collected data from its users. but for me, i won't compromise myself by using their network and scan my retina to be in their system. but hey, people are jumping on the thought that a popular name is behind on this project. but do remember, even known personalities can screw their investors big time.

still top 160 now

https://coinmarketcap.com/currencies/worldcoin-org/

Meaning there is  good future for this currency ? wondering how much have you vested in this one?

but do not just believe in trending mate instead check your own ways entering in this one.

because this project is supported by several leading figures in the world of technology and this project aims to overcome the problem of digital identity which is increasingly complex in the era of artificial intelligence or AI, in my opinion

I see WorldCoin now entering the top 75th ranked on the Coinmarketcap but you believe it or not i never heard about this coin before this OP's post. Even it’s listed many top exchanges Binance,KuCoin and many more and it’s today's volume is nearly 1 billion USD. May be it’s going trendy because of this project is backed by some big figures.

Not sure how I didn't hear about this coin till now and upon looking at the positive responses I have checked about the project and its the need of the hour due to the scams happening due to AI it will help in reducing those and moreover it has backing of big names and also trading at all the major crypto exchanges. This would be in my watchlist as this really have potential to be a next big thing.

Why we did not hear this ?  ;D ;D so  this seems to be going to the top, but Why OP seems surrendered and leave this thread when His post is getting support from the market and investors now.
or there are some changes coming sooner (hope this is not a pump  and dump scheme)
goodluck to those who invested and for those who will invest .

I remember theys were giving airdrop of their token to anyone who scan their irish. The founder of world coin is Sam Altman who is also the founder of ChatGPT. Considering it meant to solve the identity issue it is a project that has a good potential if it is successful in the future. Still there were privacy concern when they asked that if anyone needs their tokens for free they need do get their Irish scan done. Which caused a lot of negative publicity back in those days.

Wow that is a great explanation and trivia mate, meaning ChatGPT  founder is same as this worldcoin no wonder why they use the term World into their coin because of the same thought  here in the project.
but wait may I ask , have you invested in this project mate?sorry but am interested so we may consider giving a deep check on this one.

You can find all the details about Wolrdcoin in their Wikipedia page (https://en.wikipedia.org/wiki/Worldcoin#:~:text=Worldcoin%20project%20was%20started%20by,and%20Alex%20Blania%20in%202019.). Sam Altman is one of the founders of this project and its token is known as WLD which is already listed on Binance. It had a massive pump a few weeks back when it crossed the $10 price point. I have not invested in this coin and do not plan to invest in it due to several reasons but if you are planning to invest in it then do check its fundamentals, as for me it is a good project but it might not succeed and the government can interfere in its business due to it business model.

I saw the https://worldcoin.org/ project on social media and I checked the project to know the value of it and when I checked, the coin was launched since 2019 and it has lived 6 years and the current price of the coin $0.007798 and the source is CoinMarketCap. But my question is will the aim of this coin which is to eliminate inflation from the world and helps humanity will be achieved?

People are saying that the coin. Is growing but as for me the coin is not growing because I have seen coins that created for three years and they are doing well I'm the cryptocurrency community and this coin has spent 6 good years in the ecosystem and still like this.

That's an interesting info. I really thought this project was been released recently or only last year, as I've heard it between those range of time or date. I am not sure about its starting price yet but if it's very tiny, then that price you stated there might still be a big achievement to the coin already.

Their motive is great as we know inflation is always our headache but I don't think they will get successful with it, as I believe there are earlier projects who attempted it but look at the inflation, it was still there. BTC is also said to be a thing that can combat the inflation. It still helps somehow though since BTC value is growing in the long run. People can trust it, more than this coin here.

Maybe from the name implies, such work for it to be a world recognized coin, though that is just by the way, any coin can perform well as the case may be, we cannot assume that the way a coin exist is how it will perform without considering some factors that can enable its performance, such are the ones we always look in for when it comes to making research about a particular cryptocurrency before making an investment.