World

Artificial Intelligence

Worldcoin

World ID

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This weekend, Sam Altman’s Worldcoin shared the news of its increased community engagement and activity on X.
<h2 id="strong-world-app-hits-1m-daily-users-strong">World App Hits 1M Daily Users</h2>
Worldcoin announced that its wallet, World App, has crossed 1 million daily active users this week.&nbsp;
World App is the first wallet built on the Worldcoin project. Notably, the jump in daily users is a huge milestone for the digital identity and financial network. It is a testament that more individuals are getting drawn to the products and services that Worldcoin renders including its Orb scanning and verification tool.
In May 2023, Worldcoin introduced the World App, citing that it can be used to “prove your personhood online with World ID, claim your Worldcoin tokens, and send digital money globally for free”.&nbsp;
Its introduction came around the time when Altman was <a href="https://coingape.com/chatgpts-sam-altman-prepares-for-next-major-disruption-in-crypto/" rel="noopener noreferrer nofollow">seeking $100 million</a> in funding to develop such innovative applications on Worldcoin.
<h2 id="strong-worldcoin-growing-amidst-ai-boom-strong">Worldcoin Growing Amidst AI Boom</h2>
Worldcoin has faced some challenges so far but in contrast, the firm has expanded tremendously. Even after <a href="https://coingape.com/sam-altman-worldcoin-halts-orb-verification-services-in-india-france-brazil/" rel="noopener noreferrer nofollow">halting its iris recognition service</a> in France, India, and Brazil, Worldcoin went ahead to <a href="https://coingape.com/just-in-sam-altmans-worldcoin-launches-orb-verification-in-singapore/" rel="noopener noreferrer nofollow">launch its orb verification in Singapore</a>.&nbsp;
This high and low trend in its solution has not stunted the growth of World ID which <a href="https://coingape.com/sam-altmans-worldcoin-records-500000-world-id-verifications-in-argentina/" rel="noopener noreferrer nofollow">recorded</a> a staggering 16,000 Orb verifications in a day.
Amongst the milestones that the Altman-led company has experienced in recent times is the parabolic pavement of the Worldcoin (WLD) price. Within the last week, the token <a href="https://coingape.com/worldcoin-whale-add-million-profit-wld-price-soar-20/" rel="noopener noreferrer nofollow">recorded more than 80% in profits</a>. At the time of this writing, WLD was trading at $4.72 with an 11.82% increase in the last 24 hours.&nbsp;
The news of increasing daily users on Worldcoin’s World App has left the broad community dazed, with some even more concerned about how it may affect OpenAI’s latest venture,&nbsp;Sora. Sora AI is a revolutionary tool that can <a href="https://coingape.com/openai-sora-everything-you-need-to-know/" rel="noopener noreferrer nofollow">create videos from textual descriptions</a>. The disruptive technology utilizes the capabilities of state-of-the-art AI models for generating visually captivating narratives solely from written prompts.
It marks a considerable step forward in digital content development. Generally, it also testifies to the significant growth happening in the Artificial Intelligence ecosystem as well as the ever-evolving digital landscape, ushering in new possibilities for creative expression and technological innovation.
The post <a href="https://coingape.com/worldcoin-hits-major-adoption-milestone-as-price-retains-11-surge/" rel="noopener noreferrer nofollow">Worldcoin Hits Major Adoption Milestone as Price Retains 11% Surge</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.

Worldcoin Hits Major Adoption Milestone as Price Retains 11% Surge

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