Worldcoin

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 The examination revealed a moderate increase in the trading volume of AI tokens last month, reaching approximately $870 million, up from $570 million at the close of July. 
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 While the debut of Worldcoin drew attention to artificial intelligence-powered tokens(AI-tokens), recent trading data from Kaiko indicates that these AI tokens have shown resilience despite the controversy surrounding Worldcoin's launch. 
 According to recent Kaiko data, the <a rel="noopener noreferrer nofollow" title="trading" href="https://thebittimes.com/tag/trading.html">trading</a> <a rel="noopener noreferrer nofollow" title="volume" href="https://thebittimes.com/tag/volume.html">volume</a> of AI-related tokens remained <a rel="noopener noreferrer nofollow" title="stagnant" href="https://thebittimes.com/tag/stagnant.html">stagnant</a> during the past month. The examination revealed a moderate increase in the <a rel="noopener noreferrer nofollow" title="trading" href="https://thebittimes.com/tag/trading.html">trading</a> <a rel="noopener noreferrer nofollow" title="volume" href="https://thebittimes.com/tag/volume.html">volume</a> of AI tokens last month, reaching approximately $870 million, up from $570 million at the close of July. Nevertheless, when compared to the <a rel="noopener noreferrer nofollow" title="volume" href="https://thebittimes.com/tag/volume.html">volume</a> at the beginning of the year, there was a significant decrease. 
 In the same vein, Dessislava Ianeva, an analyst from Kaiko, noted that enthusiasm for AI tokens began to diminish in July, primarily due to a change in global risk sentiment. The total open interest for five major AI tokens, namely FET, GRT, RNDR, OCEAN, and ROSE, dropped from $170 million in February to $60 million by August. 
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 Despite #Worldcoin 's controversial launch at the end of July, the weekly trade <a rel="noopener noreferrer nofollow" title="volume" href="https://thebittimes.com/tag/volume.html">volume</a> for AI-affiliated tokens remained subdued in August. pic.twitter.com/gq8iEgNTPG— Kaiko (@KaikoData) September 9, 2023 
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 Worldcoin (WLD) made its debut on July 24, 2023, garnering attention from the cryptocurrency community. The buzz around this crypto is primarily attributed to its co-founder, Sam Altman, who also serves as the CEO of OpenAI. However, as of the current moment, Worldcoin (WLD) has experienced a decline in the past 24 hours, with its <a rel="noopener noreferrer nofollow" title="trading" href="https://thebittimes.com/tag/trading.html">trading</a> price resting at $1.09 
 Worldcoin's primary objective is to create a network comprised solely of genuine individuals, excluding automated bots. The San Francisco-based firm plans to issue 'World IDs' to people worldwide, aiming for a future in which individuals can interact with websites without the need to reveal personal information like names, phone numbers, or email addresses, thanks to a "global identity verification" system. 
 Related: Worldcoin signs up over 9K users in Argentina in a single day despite criticism 
 Nonetheless, global regulators and privacy advocates have raised substantial apprehensions regarding the initiative, pointing to what they see as a lack of clarity in the organization's data gathering procedures. The aggregation of extensive personal data by a solitary entity gives rise to substantial apprehensions about data privacy. 
 Magazine: ‘Moral responsibility’: Can blockchain really improve trust in AI? 
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ai-token-trading-volume-stagnant-despite-worldcoin-buzz-kaiko-data-tbt62178.html">https://thebittimes.com/ai-token-trading-volume-stagnant-despite-worldcoin-buzz-kaiko-data-tbt62178.html</a>

AI token trading volume stagnant despite Worldcoin buzz – Kaiko data

TheBitTimes

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