Image Credit: Hindustan Times

Feb 18, 2024

Why Does Sam Altman's Worldcoin Wallet Attract 1M Users Daily?

By: Bhumi Shrivastava

Controversy surrounds Worldcoin's iris-scanning technology, with Hong Kong launching an investigation and Kenya banning its services.

Privacy Concerns

Image Credit:  Forkast News

India pauses iris scans as regulatory pressures mount against Worldcoin's ambitious goals.

Regulatory Hurdles

Image Credit:  Hindustan Times

Despite the controversies, WLD sees a remarkable 140% surge over the past week, possibly driven by broader market momentum.

Token Surge

Image Credit:  U.Today

Worldcoin aims to establish a global Universal Basic Income system through its token distribution model.

Universal Basic Income Vision

Image Credit:  CCN.com

Recent developments from OpenAI, including the unveiling of Sora, and Sam Altman's chip development plans, may have bolstered investor confidence.

OpenAI's Influence

Image Credit:  Entrepreneur

With regulatory challenges looming and privacy concerns persisting, the future of Worldcoin remains uncertain despite its recent milestones.

Uncertain Future

Image Credit:  Altcoin Buzz

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