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*Eligibility for Worldcoin (WLD) tokens is restricted based on geography, age, and other factors. WLD are not available to, or intended for, people, companies or organizations who are residents of, or are located or incorporated in the United States or certain other restricted territories (or have beneficial ownership in the United States or such other restricted territories). However, World ID and TFH’s World App remain available in the United States. For details, go to: www.worldcoin.org/tos. Crypto products can be highly risky. Important User Information can be found at www.worldcoin.org/risks.
FAQs
An April 2022 MIT Technology Review article claimed that Worldcoin used “deceptive marketing practices, collected more personal data than it acknowledged, and failed to obtain meaningful informed consent.”
How to make money with Worldcoin? ›
How can I earn more WLD?
- Send invites to friends, family, and other contacts who have not yet downloaded the app and verified their World ID.
- You will only receive an Invite reward if your friend accepts your invite, and applies your redeem code before they verify their World ID with an Orb.
Worldcoin started with a question: What if there were a way to freely and evenly distribute units of a new digital token to every human on the planet? Answering this question means simultaneously solving the much broader challenge of how to embed humanness into the world's digital infrastructure.
How much is Worldcoin crypto worth? ›
Today vs. 24 hours ago
| Amount | Today at 9:01 pm | 24H Change |
|---|
| 1 WDC | ₹0.000013 | -1.00% |
| 5 WDC | ₹0.000064 | -1.00% |
| 10 WDC | ₹0.000128 | -1.00% |
| 50 WDC | ₹0.000639 | -1.00% |
4 more rowsThe currency has not formally launched in the US and other countries because of concerns by national regulators regarding privacy and potential use of the tokens for fraudulent purposes.
What is the Worldcoin scandal? ›
Worldcoin faces allegations of price manipulation after delaying unlocking 80% of its native tokens. The eyeball-scanning human identification project Worldcoin faces allegations of price manipulation and scam a day after the project delayed unlocking 80% of its native token.
Can you withdraw from Worldcoin? ›
Here's a step-by-step guide to withdraw WorldCoins to M-Pesa: 1) Open the WorldCoin App and go to the withdrawal section. 2) Select the option to withdraw to M-Pesa. 3) Enter your M-Pesa account details, including the phone number associated with your M-Pesa account.
What is the criticism of Worldcoin? ›
Many critics have called Worldcoin's business—of scanning eyeballs in exchange for crypto—dystopian and some have compared it to bribery. Many people are understandably hesitant to surrender their biometric data to a private for-profit startup with uncertain aims; even Altman himself acknowledged a “clear ick factor.”
What is the secret behind the Worldcoin? ›
By taking an image of your face and eyes (which are deleted by default once the Orb verifies your humanness and uniqueness), the Orb can verify your World ID. It is a necessary and integral part of Worldcoin so that we can ensure no one signs up for an Orb verified World ID twice.
Which countries have banned Worldcoin? ›
In March, Spain and Portugal temporarily banned Worldcoin. Last year, Kenya ordered the company to shut down operations, and Worldcoin has stopped offering its Orb services in India and Brazil.
Worldcoin says that due to regulatory uncertainty on the legal status of cryptocurrencies, they have decided not to launch the token in the United States yet, though people can still get verified by an Orb. It seems regulators elsewhere are also uncertain about the project.
What is happening with Worldcoin? ›
Authorities suspended Worldcoin in August last year, following privacy objections over its scanning of users' irises in exchange for a digital ID to create a new "identity and financial network". Worldcoin is being rolled out by Tools for Humanity, a company co-founded by OpenAI CEO Sam Altman.
How much is 1 dollars in Worldcoin? ›
How much WDC could I buy for 1 USD? Based on the current rate, you could get 6,665,047.91 WDC for 1 USD.
Is Worldcoin a good buy? ›
Worldcoin Price Analysis
Worldcoin's current technical indicators present a mixed outlook. The Relative Strength Index (RSI) at 49.0 suggests a neutral market sentiment, neither oversold nor overbought. The Stochastic Oscillator (STOCH) is at 35.41, indicating a neutral stance.
Will Worldcoin stop giving grants? ›
A: It is unclear whether Worldcoin will continue to give away grants forever. The company has said that it will eventually switch to a model where users earn tokens by providing services to the network.
What are the cons of Worldcoin? ›
Cons:
- Poor strategies used to gather new customers.
- Potential customers of the WorldApp should visit the Orb in person for activation.
- Not a stablecoin so open to volatility.
- Operating on a centralized iris scanning system.
- Need to provide biometric information which raises trust issues.
The long term sentiment, however, remains bullish and WLD could hit $2.40 in 2025. The total circulating supply of Worldcoin as of writing this article was $448136615.24 and the marketcap of WLD remains at $672,578,884. Worldcoin price in the longer term is expected to reach a high of $10.60 in 2035.
Is Worldcoin being manipulated? ›
Onchain detective ZachXBT slammed Worldcoin for being a “scam project” after recent discoveries that the team manipulated the WLD price. ZachXBT calls out VCs and team members involved in the project, accusing them of being uninterested and not attempting to prevent such fraud.
