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Topic: Why this Altcoin called Worldcoin could have a huge potential? - page 2. (Read 623 times)

hero member
Activity: 3080
Merit: 603
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.
legendary
Activity: 3052
Merit: 1168
Leading Crypto Sports Betting & Casino Platform
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:
Quote from: LuckPerms
With Worldcoin's Minecraft server mod, server admins can issue roles with existing permissions systems like LuckPerms to prevent players from performing certain actions until they verify with World ID.

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.
legendary
Activity: 1932
Merit: 4602
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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."
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
~
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.
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.
hero member
Activity: 2520
Merit: 952
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.

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.
hero member
Activity: 1106
Merit: 570
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.

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.
sr. member
Activity: 2422
Merit: 357
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.
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.
sr. member
Activity: 2226
Merit: 347
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.

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.
hero member
Activity: 2030
Merit: 578
No God or Kings, only BITCOIN.
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.
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.
legendary
Activity: 3052
Merit: 1168
Leading Crypto Sports Betting & Casino Platform
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.
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.
hero member
Activity: 2884
Merit: 579
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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.
member
Activity: 469
Merit: 13
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.

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.
hero member
Activity: 2156
Merit: 605
Leading Crypto Sports Betting & Casino Platform
So I feel like sharing it here to see people's opinions also.
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?
legendary
Activity: 2506
Merit: 1394
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.
legendary
Activity: 1596
Merit: 1288
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.
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.


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.
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.
hero member
Activity: 3066
Merit: 629
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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.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
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.
member
Activity: 898
Merit: 19
Do it For Better Humanity (Bitget trader)
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.

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.
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.

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  Smiley
legendary
Activity: 1596
Merit: 1288
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.

sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
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.
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  Wink
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